Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Processing |
|
Focus on cost reduction as Stage 2 winds down. Strong cost focus with cost reduction projects underway. Total spend year-to-date under budget and cost per clean tonne under budget.
The High Court of Australia upheld the appeal by Oakey Coal Action Alliance and ordered New Acland’s mining lease and environmental authority applications be remitted back to the Land Court of Queensland. The Land Court of Queensland hearing date is reserved for November 2021.
The New Acland mine moves into care and maintenance ahead of a decision from the Land Court for its expansion or retirement, expected in early 2022. |
Latest News | New Hope Corporation Ltd.: Court gives New Acland new hope December 20, 2021 |
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Summary:
The revised Project site lies within the Cecil Plains Sub-Basin which is located within the western portion of the Clarence-Moreton Basin. In Queensland, the Clarence-Moreton Basin merges with the Surat Basin. The Kumbarilla Ridge is a basement high consisting of the Upper Devonian to Upper Carboniferous Texas beds and separates the Cecil Plains Sub-Basin of the Clarence Moreton Basin, from the Surat Basin. The Clarence-Moreton Basin represents an eastern portion of the Mesozoic GAB.
The economic coal-bearing sediments of the Surat and Clarence-Moreton basins occur in the Walloon Coal Measures. The Walloon Coal Measures are Middle to Upper Jurassic in age and are a part of the Injune Creek Group. Although the Kumbarilla Ridge is considered to structurally separate the Clarence-Moreton Basin from the Surat Basin, the Walloon Coal Measures occur on both sides of the Kumbarilla Ridge and are laterally continuous between the Clarence Moreton Basin and the Surat Basin.
Summary:
For more than a decade, the New Acland open cut coal mine has been a major employer and economic spur to the Darling Downs region. It provides direct jobs for more than 300 locals, 160 contractors, and contributes to 2300 more indirect jobs.
Source:
Summary:
New Acland Coal Mine Stage 3 Project includes upgrades to existing coal handling and preparation plant and supporting infrastructure relocation of the Jondaryan rail load-out facility approximately eight kilometres away from the town of Jondaryan and creation of a rail spur roadworks, water management structures, and relocation and potential upgrade of power supply.
Production:
Commodity | Units | 2020 | 2019 | 2018 | 2017 |
Coal (thermal)
|
Mt
| ......  | ......  | 4.5 | 4.6 |
All production numbers are expressed as clean coal.
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Reserves at May 31, 2020:
Category | Tonnage | Commodity |
Proven
|
249 Mt
|
Coal (thermal)
|
Probable
|
121 Mt
|
Coal (thermal)
|
Proven & Probable
|
370 Mt
|
Coal (thermal)
|
Measured
|
290 Mt
|
Coal (thermal)
|
Indicated
|
193 Mt
|
Coal (thermal)
|
Inferred
|
16 Mt
|
Coal (thermal)
|
Total Resource
|
499 Mt
|
Coal (thermal)
|
Financials:
| Units | 2020 | 2019 |
Revenue
|
M AUD
| ......  | ......  |
Pre-tax Income
|
M AUD
| ......  | ......  |
EBITDA
|
M AUD
| ......  | ......  |
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Heavy Mobile Equipment as of December 31, 2020:
HME Type |
Excavator
|
Truck (haul)
|
Corporate Filings & Presentations:
Document | Year |
...................................
|
2021
|
...................................
|
2020
|
...................................
|
2020
|
Annual Report
|
2018
|
Project Description
|
2004
|
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News:
Aerial view:
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