Grosvenor West coal project

From Global Energy Monitor

The Grosvenor West coal project was a proposed underground or opencast coking coal mine, which is considered lapsed by the Queensland Government. The proposed site is located approximately 10 kilometres north-west of Moranbah, and 160 km south-west of Mackay, in Central Queensland, Australia.[1]

The proposal was for the mine to last 20 years, with first coal production proposed from late 2015.[1]

Location

The undated image below shows the exact location of the proposed Grosvenor West mine.[2]

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Coal Mine Background

The final Terms of Reference (TOR) for the Environmental Impact Statement (EIS) was issued to the proponent, Carabella Resources on 18 October 2012. Carabella Resources originally had until 18 October 2014 to prepare the EIS and submit it to the department for assessment, but the proponent requested, and was granted, an extension of a year. However, the EIS was not submitted by the due date. Consequently, the terms of reference have ceased to have effect. If the proponent wishes at some stage to resume the EIS process, it would be necessary to go back to the beginning of the process at the draft terms of reference stage.[1]

In January 2014, Wealth Resources acquired Carabella Resources and are looking to bring forward the Grosvenor West Project and have commenced operations at the Bluff coal project.[3]

Additionally, Wealth Resources is owned by Kingho Investment Company, which is in turn wholly owned by China Kingho Energy Group.[4]

Project Details

  • Sponsor: Carabella Resources[5]
  • Parent Company: China Kingho Group[4]
  • Location: approximately 10 kilometres from Moranbah, and 160 km south-west of Mackay, in Central Queensland
  • GPS Coordinates: -21.928195, 147.957528 (exact)[2]
  • Status: Shelved[1]
  • Production Capacity: 3.5 mtpa[1]
  • Total Resource: 145.8Mt[6]
  • Mineable Reserves: 60 million tonnes by longwall mining underground or 90 million tonnes by opencast[5]
  • Coal type: Coking coal[1] with thermal coal in smaller quantities[5]
  • Mine Size:
  • Mine Type: Underground longwall mining or opencast[5]
  • Start Year:
  • Source of Financing:

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 Queensland Government, "Grosvenor West project", Queensland Government withdrawn or lapsed projects website, 19 July 2019.
  2. 2.0 2.1 Carabella Resources, "ASX Announcement", page 3, 18 January 2012.
  3. Wealth Resources, "Our Investment", Wealth Resources website, accessed 4 December 2019.
  4. 4.0 4.1 "Bidder's Statement Accept the Offer by Wealth Mining Pty Ltd to purchase all your shares in Carabella Resources Limited for $0.42 cash per share," "Wealth Mining," December 2013.
  5. 5.0 5.1 5.2 5.3 Carabella Resources, "ASX Announcement", page 1, 18 January 2012.
  6. Carabella Resources, "ASX Announcement", page 3, 18 January 2012.

Articles and resources

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