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{{stub}}{{#badges: CoalNewZealand|Navbar-NZcoal}}The '''Terrace mine''' was a small underground is an opencast sub-bituminous coal mine located near south of Reefton on the West Coast of New Zealand's the South Island.The mine is owned by [[Crusader Coal]].<ref>Ministry of Economic Development, [http://www.nzpam.govt.nz/cms/coal/coal-resources/operating-coal-mines "Operating coal mines"], accessed July 2013</ref>
In a 2005 brochure on At the mine Solid Energy stated that "time of the mine began sale, Crusader Coal was described as "a private mine company owned by a small group of people with experience in the early 1900s when it produced 5,000 tonnes of coal per annum. Terrace was purchased by Solid Energy mining in 1988New Zealand and Australia". It now produces between 65,000 and 100,000 tonnes A director of coal per annum, an increase from the 25company,000 tonnes[[Bernie Lambley]], produced in 2000." The company stated that the mine "has potential access we only wish to approximately 700,000 tonnes say that Crusader Coal is owned by a small team of successful underground coal mining professionals who are looking forward to reopening the mine and Solid Energy has an exploration programme underway to identify further reservesparticipating in the local community."<ref>Solid Energy, [http://www.sourcewatch.org/images/1/1d/Terrace_factsheet.pdf name="Sale1"Terrace mine'}, Solid Energy, May 2005.</ref>
==New Crusader Coal flagged plansto reopen the mine in mid-2012. The company stated that it has developed an initial 10 year plan for the mine and is proposing to produce approximately 60-70,000 tonnes of coal a year.<ref name==Mine>Michael Berry, [http://www.stuff.co.nz/business/industries/6327513/Mothballed-mine-producing-in-year "Mothballed mine 'producing in year'"], ''Business Day'', January 28, 2012.</ref>
Crusader Coal has flagged plans The mine was expected to reopen become operational again by January 2013. Company director, Mr Bernard Lambley, said that the mine in mid 2012. The company states first 12 months would be spent mainly on developing new areas underground for coal extraction but that it has developed an initial 10 year plan for the mine and is proposing was hoped to produce approximately 60-7030,000–40,000 tonnes of coal a yearduring that phase.<ref name=Mine>Michael BerryOtago Daily Times, 8 September 2012, [http://www.stuffodt.co.nz/businessnews/industriesnational/6327513225043/Mothballedunderground-mine-producingpoised-in-year reopen "Mothballed Underground mine 'producing in year'poised to reopen"], ''accessed July 2013</ref> In June 2013 it was announced that the mine would be in production by Aug 2013.<ref>The Press Business Day'', January 2810 June 2013, 2012[http://www.stuff.co.nz/the-press/business/8775543/August-opening-for-Reefton-coalmine "August opening for Reefton coalmine"], accessed July 2013</ref><br>
Announcing the conditional sale of the mine in December 2010, SOlid Energy stated that "Solid Energy's predecessor, State Coal, began operations in Reefton in 1946 when it bought Reefton Coal Company. Terrace Mine was first set up in the early 1900s and remained in private ownership until 1988 when Solid Energy (then Coalcorp) bought a controlling stake. Terrace's production peaked in 2002/03 at a little over 73,000 tonnes but from 1999 until operations ceased its average production was 45,000 tonne a year."<ref name="Sale1"/>=Early history==
==New owners==In a 2005 brochure on the mine Solid Energy stated that "the mine began as a private mine in the early 1900s when it produced 5,000 tonnes of coal per annum. Terrace was purchased by Solid Energy in 1988. It now produces between 65,000 and 100,000 tonnes of coal per annum, an increase from the 25,000 tonnes, produced in 2000." The company stated that the mine "has potential access to approximately 700,000 tonnes of coal and Solid Energy has an exploration programme underway to identify further reserves."<ref>Solid Energy, [https://www.sourcewatch.org/images/1/1d/Terrace_factsheet.pdf "Terrace mine'}, Solid Energy, May 2005.</ref>
At Announcing the time conditional sale of the salemine in December 2010, Solid Energy stated that "Solid Energy's predecessor, Crusader State Coal were described as "a private company owned by a small group of people with experience , began operations in Reefton in coal mining 1946 when it bought Reefton Coal Company. Terrace Mine was first set up in New Zealand the early 1900s and Australia"remained in private ownership until 1988 when Solid Energy (then Coalcorp) bought a controlling stake. A director of the companyTerrace's production peaked in 2002/03 at a little over 73, [[Bernie Lambley]]000 tonnes but from 1999 until operations ceased its average production was 45, stated that "we only wish to say that Crusader Coal is owned by 000 tonne a small team of successful underground coal mining professionals who are looking forward to reopening the mine and participating in the local communityyear."<ref name="Sale1"/>
'''Owner:''' Crusader Coal<br>'''Location:''' Three km southwest of Reefton, on the West Coast of the South Island<br>'''Coordinates:'''
-42.112988,171.869333 <br>'''Coal field:''' Inangahua<br>'''Current owner:''' Crusader Coal<br>'''Status:''' Suspended pending redevelopment Expected to be in production by new companyAug 2013.<br>'''Production capacity:''' approx 60-7050–70,000 tonnes/year. When the mine was owned by Solid Energy, production peaked at about 73,000 tonnes per annum proposedin 2002/2003.<ref name=Mine>Australian Mining, 30 January 2012 [http://www.miningaustralia.com.au/news/mothballed-coal-mine-to-restart "Mothballed coal mine to restart"], accessed July 2013</ref> '''Estimated recoverable reserves:''' 2 Mt<br>'''Mining technique:''' Underground using hydraulic mining techniques<br>'''Type of coal:''' Sub-bituminous<br>'''Market information:''' Terrace coal is supplied to domestic and industrial markets in the South island and is marketed by state-owned company Solid Energy.<br>
'''Main markets:''' Solid Energy's industrial customers on the West Coast and upper South Island.<ref name=Mine/><br>
[[Category:New Zealand and coal]]
[[Category:Solid Energy coal mines]]
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==Background==
The mine was owned and operated by [[Solid Energy]]<ref>Ministry of Economic Development, [http://www.nzpam.govt.nz/cms/coal/coal-resources/operating-coal-mines "Operating coal mines"], Ministry of Economic Development website, accessed March 2012.</ref> until the uneconomic mine was closed in June 2009 and subsequently sold to [[Crusader Coal]] in December 2011.<ref name="Sale1">Solid Energy, [http://www.coalnz.com/index.cfm/1,468,1082,0/Crusader-Coal-Ltd-buying-Terrace-Coal-Mine-at-Reefton.html "Crusader Coal Ltd buying Terrace Coal Mine at Reefton"], Media Release, December 21, 2010.</ref><ref>[http://www.coalnz.com/index.cfm/1,476,0,0/Sale-of-Terrace-Coal-Mine-at-Reefton-completed.html "Sale of Terrace Coal Mine at Reefton completed"], Media Release, December 29, 2011.</ref>
==Project Details==
'''Employees:''' Crusader proposes that five staff would be employed during redevelopment and 12 when operating<ref>Solid Energy, [http://www.coalnz.com/index.cfm/1,476,1176,0/New-Reefton-opencast-mine-helps-ensure-supply-for-South-Island-customers.html "New Reefton opencast mine helps ensure supply for Solid Energy South Island customers"], Media Release, October 28, 2011.</ref><br>
==Articles and Resources==
===External Articles===
[[Category:New Zealand]]
[[Category:Coal mining companies and agencies in New Zealand]]
[[Category:New Zealand and coal]]
[[Category:Existing coal mines in New Zealand]]