Resource company TerraCom has extended the operational life of the Blair Athol (BA) coal mine in Queensland, Australia, by approximately ten years.

The move follows an update to the BA Coal Reserve. Deswik Mining Consultants (Australia) completed a revised joint ore reserves committee (JORC) assessment of the Blair Athol mine operation.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

According to the assessment, the mine is estimated to have JORC Marketable Reserves of 19.5 million tonnes (Mt), as of 30 June 2021.

Based on a sales profile of 2Mt, the project’s operational life has been extended to a further ten years.

TerraCom said that the coal reserves estimate at the mine have been reported in compliance with the standards outlined in the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) edition.

TerraCom executive chairman Craig Ransley said: “This latest JORC Reserve result means that the Blair Athol operation will effectively be able to operate for 14 years under TerraCom ownership (since the acquisition in May 2017).

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Blair Athol has already contributed significantly to the TerraCom group and we look forward to a further ten years contribution from the operation.”

TerraCom restarted operations at the Blair Athol Coal Mine following its acquisition from Rio Tinto in 2017.

The mine’s production was suspended in 2012 after Rio Tinto put the mine under care and maintenance.

Since the restart, the mine has been producing up to 3Mtpa of high-quality thermal coal for exports into Asian markets.