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Isaac Plains Complex

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Coal (metallurgical)
  • Coal (thermal)
Mining Method
  • Truck & Shovel / Loader
  • Dragline
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SnapshotThe Isaac Plains Complex comprises the Isaac Plains Mine and processing facilities, the adjoining Isaac Plains East and Isaac Downs mining areas, and the Isaac Plains Underground development project.

Isaac Downs Mine is located 10 kilometers south of the existing Isaac Plains operations. It utilizes the existing Isaac Plains infrastructure with coal washing and train loading activities undertaken at the existing CHPP.

Development of Pit 5 North project at Isaac Plains East commenced in the second quarter of 2023 and will add 1.4Mt of ROM production during 2024 and 2025. First ROM coal from the project was mined in December 2023.

In collaboration with SOURCE Water, the first of three hydropanel arrays at the Isaac Plains Complex (IPC) is complete during 2023. The next steps for the project are already underway with planned installations of additional hydropanels at the Main Industrial Area (MIA) and CHPP locations in 2024.

Owners

SourceSource
CompanyInterestOwnership
Golden Energy and Resources Ltd. (GEAR) 59 % Indirect
Stanmore SMC Pty Ltd. (operator) 100 % Direct
Stanmore Resources Limited is a 59% indirect subsidiary of Golden Energy and Resources Limited, and owns the Issac Plain Complex.

Contractors

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Deposit type

  • Sedimentary

Summary:

The resource area of the Isaac Plains Complex (including Isaac Plains, Isaac Plains East, Isaac Downs and Isaac South) is in the northern part of the Bowen Basin in Central Queensland.

Isaac Plains Complex (IPC) lies within the Permo-Triassic Bowen Basin. The Bowen Basin consists of 10 kilometre (km) thick sequences of volcanic, shallow marine and terrestrial sediments and is categorised back-arc to foreland basin.

The general stratigraphy of IPC includes (oldest to youngest)
- Lower-Permian Reids Dome Beds;
- Lower-Upper Permian Back Creek Group;
- Upper Permian Blackwater Group, and Rewan group.

Coal seams occur within the Rangal Coal Measures which are Late Permian in age. These seams dip gently to the east at approximately 5 degrees.

The coal seams found within the Rangal Coal Measuresare the Leichhardt, Leichhardt Upper and Leichhardt Lower, and Vermont.

The seams have a cumulative thickness of approximately 7-10 m across the deposit.

The Vermont seam was not included in the resource estimate due to the lack of geological information. The results at hand indicate the coal to be of poorer quality.

Isaac Downs
Isaac Downs is located in the northern part of the Permo-Triassic Bowen Basin containing principally fluvial and some marine sediments. The economic seams are contained in the Late Permian Rangal Coal Measures which are approximately 100 m thick. The Rangal Coal Measures are underlain by the Fort Cooper Coal Measures and overlain by the Late Permian to Early Triassic Rewan Group. The transition from the Rangal Coal Measures to the Rewan Formation is 15 to 60 m above the first major seam of the Rangal Coal Measures. The Fort Cooper Coal Measures comprise typically tuffaceous sandstones, siltstones, mudstones and coal seams. The transition between the Rangal Coal Measures and the Fort Cooper Coal Measures is generally clearly marked by the Yarrabee Tuff - a basin-wide marker bed comprised of weak, brown tuffaceous claystone. The first coal seam of the Fort Cooper’s is the Girrah Seam which is 25 metres or more below the Vermont Seam within the Project area.

Alluvium occurs along the Isaac River. The alluvial sediments comprise a fining-upward sequence of unconsolidated sand, silt, clay, gravel, and lithic fragments. The alluvium may extend to a distance up to 750 m from water courses. However, the lateral extent of alluvium may be highly variable.

In the Project area, the Rangal Coal Measures dip to the east to north east (2 to 6 degrees) and include interbedded sandstone, siltstone, and lesser amounts of carbonaceous mudstones, coal, and tuff. A weathered zone extends to 15 m to 30 m below ground level. Typically, the Leichhardt Coal and Vermont Coal Seams occur as a singular package, in very close proximity, with splits in some areas up to 30 m.

The Leichhardt Seam at Isaac Downs is split into five main plies; in stratigraphic order, these are Leichhardt Upper Dilution (“LUD”), Leichhardt Upper (“LU”), Leichhardt Lower 3 (“LL3”), Leichhardt Lower 2 (“LL2”) and Leichhardt Lower 1 (“LL1”). In the west of the deposit, these plies are coalesced and exist as a single, contiguous Leichhardt (“L”) Seam that averages approximately 4.20 m. Mudstone or tuff bands <0.10 m in thickness present as ply boundaries down-dip of the subcrop. However, at approximately 80 m to 100 m depth of cover, more significant seam splits start to develop along a north-northwest orientation, resulting in up to 30 m of interburden existing between the LL-plies, and up to 25 m of interburden between the LU and LL plies. The LUD ply represents a ~0.25 m thick carbonaceous transition between the siltstone overburden and the roof of the coal in the Leichhardt Seam. The LU ply averages 1.30 m in thickness, the LL3 and LL2 plies average 0.85 m thick and the LL1 ply averages 0.80 m thick.

The Vermont seam occurs approximately 0.50 m below the Leichhardt Seam, and is split into two main plies, typically separated by siltstone <0.50 m in thickness. The topmost ply – the VU1 ¬– is the thickest and most consistent ply, averaging 1.30 m across the deposit. The VU2 is next in stratigraphic order, and averages approximately 0.45 m. In the south, a split forms off the base of the VU2, which is named the VU3 and has an average thickness of 0.15 m.

The Girrah Seam is located approximately 50 m below the base of the Vermont Seam at Isaac Downs and has similar characteristics to Isaac Plains East.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnits2024202320222021202020192018
Coal (metallurgical & thermal) Mt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2.4 1.1 
All production numbers are expressed as clean coal. ^ Guidance / Forecast.

Operational metrics

Metrics202320222021202020192018
Coal tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2,929 kt1,643 kt
Stripping / waste ratio  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe8.8 bcm/t14.2 bcm/t
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2,951 kt1,602 kt
Annual production capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe25.8 Mbcm23.4 Mbcm
Hourly processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe500 t
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe3.5 Mt

Production Costs

Commodity202320222021202020192018
Cash costs (sold) Coal (metallurgical & thermal)  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 70 / t  AUD 82.3 / t  AUD
Total cash costs (sold) Coal (metallurgical & thermal)  ....  Subscribe  ....  Subscribe 104.7 / t  AUD 110 / t  AUD

Financials

Units202120202019
Revenue M AUD  ....  Subscribe  ....  Subscribe 403.1  
After-tax Income M AUD  ....  Subscribe  ....  Subscribe 91.6  
EBITDA M AUD  ....  Subscribe  ....  Subscribe 154.9  

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Aug 18, 2024
....................... Subscription required ....................... Subscription required Subscription required Aug 18, 2024
....................... Subscription required ....................... Subscription required Subscription required Aug 18, 2024
....................... Subscription required ....................... Subscription required Subscription required Aug 18, 2024

Total WorkforceYear
...... Subscription required 2019

Aerial view:

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