Assets
Projects
Isaac Downs Extension
Isaac Downs Extension is an undeveloped open-cut project situated immediately south of the Isaac Downs mine, across the Isaac River. Isaac Downs Extension has a JORC Reserve of 52Mt ROM Coal, inclusive of 34Mt Marketable Coal Reserves, offering +20-year mine life extension for the Isaac Plains Complex. The project is expected to operate at ~4 million tonnes per annum ROM at a prime ROM strip ratio of ~7.9:1 bcm/t, and will be able to utilise existing infrastructure of the Isaac Plains Complex, resulting in a low project capital requirement.
Eagle Downs
Eagle Downs is a high-quality, low-volatile hard coking coal development project located approximately 20km from Moranbah. Positioned directly south of Stanmore’s Isaac Downs Extension Project Exploration Permit (EPC755) and near existing operations in the Bowen Basin, the project is fully permitted with a Mining Lease, Petroleum Lease and key Environmental Approvals. With two underground access drifts already ~40% complete, the site is ready for immediate construction. The well-defined resource base is substantial, with previous exploration yielding a resource of 1,140Mt and reserves of 292Mt.
Lancewood Complex
The Lancewood Complex is a development project located in Queensland’s Bowen Basin, with total resources of 735Mt in the Moranbah Coal Measures. Future exploration drilling and 3D seismic work are planned to align with the project’s development strategy and will further define the resource base.