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New Zealand

Takitimu Mine

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Coal (thermal)
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotSouth Island domestic (SID) consists of the Takitimu mine which produces a low-sulphur thermal energy coal for local agricultural, health and other food manufacturing industries.

Takitimu contains one of the few remaining pockets of sub-bituminous coal in the region, where coal has been produced for over 140 years.

In FY24, an impairment has been recognised on assets relating to the Takitimu mine, which although remains profitable and provides positive cashflows, is planned to cease operating in FY26.

The nearby New Brighton exploration permit is in close proximity to the Takitimu mine and is connected by the same railway line. This location has the potential to unlock more high-grade sub-bituminous coal and extend our Southland operations.

Owners

SourceSource
CompanyInterestOwnership
Bathurst Resources Ltd. 100 % Indirect
Bathurst Coal Ltd. (operator) 100 % Direct
The Takitimu Mine is wholly owned and operated by Bathurst Coal Ltd a wholly owned subsidiary of Bathurst Resources Ltd.

Deposit type

  • Sedimentary

Summary:

The Takitimu project is located in the Ohai Coalfield, New Zealand.

The Ohai Coalfield is a fault bounded basin containing Cretaceous sub-bituminous coal.

The defined Coal Resource is contained within the Morley and Beaumont formations.

The Cretaceous Ohai Group contains three formations – the Wairio, New Brighton and the Morley Formations.

The Eocene Nightcaps Group contains two formations – the Beaumont and Orauea Formations.

The two groups are separated by an unconformity, clearly distinguishable by micro-flora.

Most of the historical production has come from seams in the Morley Formation, which tend to contain higher quality coal. Coal seams are faulted and folded into complex structures. Coal thickness and extent varies as coal seams are often lenticular and split or washed out by fluvial sand channels and syn-depositional faulting and folding are indicated.

Morley Coal Measures of the Ohai Group have a combined vertical seam thickness which averages 8.2m; however, 23m thick seams have been recorded.

Beaumont Coal Measures of the Nightcaps Group have a combined vertical seam thickness which averages 0.5m; however, 7m thick seams have been recorded. Coal ranks from subbituminous C-B rank.

The Nightcaps Group Beaumont Formation Coal Measures are conformably overlain by Eocene Orauea Formation mudstone.

Coal rank ranges from sub-bituminous A to high-volatile bituminous C.

Dimensions
Several coal seams are present in two main seams in the Beaumont Formation and up to four in the Morley Formation. The total combined coal thickness varies from less than 1m thick up to 25m locally.

The model covers an area 2.4km in width by 3.6km in length.

The deposit resource consists of the Black Diamond pit which covers an area approximately 80Ha.

The deposit is bounded by the Nightcaps Fault to the northeast and the Fern Fault to the northwest.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits2024202320222021202020192018201720162015
Coal (thermal) kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe200 200 230 304 303 
All production numbers are expressed as ROM coal. ^ Guidance / Forecast.
** Combined production for Takitimu Mine and Canterbury Mine

Operational metrics

Metrics2024202320222021202020192018201720162015
Coal tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe0.2 Mt0.2 Mt230,031 t303,540 t
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2,213,010 bcm2,084,213 bcm1,763,424 bcm2,339,628 bcm1,706,069 bcm

Production Costs

Commodity production costs have not been reported.

Financials

Units202420232022
Revenue M NZD  ....  Subscribe  ....  Subscribe  ....  Subscribe
EBITDA M NZD  ....  Subscribe  ....  Subscribe  ....  Subscribe

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 11, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 8, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 8, 2024

EmployeesContractorsYear
...... Subscription required ...... Subscription required 2013

Aerial view:

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