Skip to main content

Initial JORC 2012 resources announced for Riversdale anthracite coal mine

Published by
World Coal,

Acacia Coal Ltd has reported an initial Resource Statement in accordance with JORC 2012 Code for the Riversdale anthracite coal mine.

Riversdale’s initial resource demonstrations 9 million t of high-quality, low-sulfur and low-phosphorous anthracite in indicated and inferred resource categories.

The Alfred seam previously excluded from the resource estimates is being drilled and expected to be reported upon 2Q17.

A 10 hole drilling campaign and analysis is being finalised to raise the confidence levels of resource. It is intended to contribute to a reserve and resource update targeted for 2Q17 and as part of the pre-feasibiltiy study.

The company is aiming for a pre-feasibility study and updated resource statement in 2Q17.

Acacia indicated that the Gus Seam can produce a low-impurity, mid-ash anthracite suitable for the ferrochrome industry, which is the principal target market.

Read the article online at:

You might also like

OSIsoft webinar

[WEBINAR] How to succeed in Digital Transformation in Mining and Materials

During this webinar, OSIsoft will explain their successful path to Digital Transformation, including Predictive Maintenance 4.0 from an asset reliability perspective, Health, Safety & Environment improvement opportunities, and Autonomous Operations for process optimisation. Register for free today »


Coal trading market to 2023

The global coal trading market faces stiff competition due to the involvement of many players in the market, reveals a report by Transparency Market Research (TMR).


Embed article link: (copy the HTML code below):