Hughenden coal mine

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Hughenden coal mine (also known as the White Mountain Project) is a proposed coal mine which would be located in the northern end of the coal bearing Galilee Basin in Queensland, Australia.[1]

As of September 2019 it has not progressed, nor had much media coverage since around 2011.

Location

The image below shows the approximate location near to the town of Hughenden, Queensland.

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Coal Mine Background

In 2011 Guildford Coal described this site as its, "flagship asset".[2] During May 2011, Guildford Coal acquired a 51% interest in the White Mountain Project, via a heads of agreement signed with Tiaro Coal. The White Mountain Project's assets have been subsumed into the Hughenden application. Guildford Coal has paid $3.3m upfront and committed approximately $5m on exploration and development from this project. The intention is to use the Mount Isa to Townsville rail line to export coal via the Port of Townsville.[2]

Guildford Coal has been renamed TerraCom.[3]

The company's website hasn't updated the situation, nor contains need documents regarding Hughenden since 2012. There is also lignite in the area, which could be extracted at a future date,[1] and metallurgical coal.[2]

Project Details

  • Sponsor:
  • Parent Company: TerraCom
  • Location: near to the town of Hughenden, Queensland.
  • GPS Coordinates: -20.737317, 144.203472 approximate
  • Status: Proposed
  • Production Capacity:
  • Total Resource: 1.036 billion inferred resources[1]
  • Mineable Reserves: 815Mt[2]
  • Coal type: Thermal[1]
  • Mine Size: 11,500km[2]
  • Mine Type:
  • Start Year:
  • Source of Financing:

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 Guildford Coal, "Hughenden Project JORC upgrade" May 2012.
  2. 2.0 2.1 2.2 2.3 2.4 StoneBridge, "Research Report Guildford Coal" 21 June 2011.
  3. Reuters, "Terracom Ltd TER.AX" 3 October 2019.

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