Exploration & development

New South Wales’ new resources regulator has accepted enforceable undertakings from KEPCO Bylong Australia and WorleyParsons.

Construction at the Makhado metallurgical coal project will not now begin until 2017, the project owners, Coal of Africa, have said.

Funding for Resgen’s Boikarabelo coal mine has been agreed subject to approval with a syndicate of lenders.

Rio Tinto has completed the sale of its Mount Pleasant coal assets in the Hunter Valley of New South Wales.

Paringa Resources has completed its placement of AUS$6.5 million worth of new shares, raising cash to develop its Buck Creek No.2 mine.

Universal Coal has begun refurbishment of the coal handling and processing plant at NCC in preparation of starting mining and processing thermal coal in September.

Jameson Resources has been refunded its reclamation bond for its Dunlevy project, having completed its reclamation of the site.

Indonesia-focused coal company, Cokal, is expecting its IUP mining licence for the Bumi Barito Mineral coal project to be issued by the end of the year.

Wallarah 2 Coal Project has placed amended plans on display for public comment after it failed to gain Aboriginal approval of its original application.

The New South Wales Department of Planning and Environment has approved Centennial Coal’s extraction plants for the Springvale coal mine extension project.

Acacia Coal continues to focus on cash preservation as it explores potential investment opportunities.

Prairie Mining has received political support from both national and regional government in Poland for its Jan Karski coal mine development.

Paringa Resources, the ASX-listed developer of the Buck Creek mining complex in the US, has raised AUS$6.5 million in a share placement.

ASX-listed Tigers Realm Coal has raised AUS$15.4 million from existing shareholders in an entitlement offer of TIG shares.

British Colombia anthracite developers, Atrum Coal and BC Anthracite, have settled court proceedings.