New mining lease granted for Baralaba North

The Queensland state government has granted an additional mining lease for Cockatoo Coal’s Baralaba North mine. The lease covers an areas of 1446 ha. and has been granted for a 25 yr term.

The new lease extends the life of the Baralaba North mine and – in conjunction with the environmental authority approved in February – will allow Cockatoo to continue to produce ROM coal at a rate of up to 4.1 million tpy.

Cockatoo now expects to complete an updated reserve update over the new lease and two other lease areas associated with the Baralaba North mine as part of the development of new mine plans for the restart of the mine.

Edited by Jonathan Rowland.

Read the article online at: https://www.worldcoal.com/mining/23062016/new-mining-lease-granted-for-baralaba-north-2016-1018/