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May 4, 2021
Advertisement Highlights Rolling 12 month total recordable injury frequency rate (TRIFR) at 5.1, down from 10.6 in the prior corresponding period. Rate of mine (ROM) coal mining performance of 514 000 t for the quarter, reflecting a reduction in fleet capacity. The Isaac Downs environmental impact statement (EIS) assessment report was finalised by the Department of Environment and Science (DES) and posted on the DES website. Safety performance During the March quarter, there was one recordable ...
April 15, 2021
Premium Content Subscriber only Two companies have joined forces to acquire and restart a Central Queensland mine, set to create an estimated 150 to 200 long-term jobs. Stanmore Coal and M Resources have agreed to buy the Millennium and Mavis Downs metallurgical coal mine near Moranbah as part of a 50/50 joint venture called MetRes. An underground expansion, along with continuation and completion of rehabilitation is tipped for the site after it was acquired from Peabody Resources. MetRes chair...
April 15, 2021
Stanmore Coal (ASX:SMR) has entered into a joint venture to purchase the Millennium and Mavis Downs Mine from Peabody Energy Australia for $1.25 million.