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Tag: Isaac Downs

Full steam ahead for Stanmore Coal

Written by dev on . Posted in All News, Coal.

Stanmore Coal says its new Isaac Downs open-cut mine remains on track for development in the second half of this year, as it moves through the approvals process.

The $85 million Isaac Downs mining project near Moranbah is expected to create 250 jobs in construction.The operation would also provide ongoing long-term employment for workers at the company’s existing Isaac Plains mining complex, with 220 workers transferred to the new mine, in addition to about 80 new roles.

In its quarterly report this week, Stanmore said the State Government had notified it that the EIS Assessment. . .

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Study backs $85m coal project as ‘attractive’ proposition

Written by dev on . Posted in All News, Coal, Processing / Manufacturing.

A bankable feasibility study has given the official thumbs up for Stanmore Coal's $85 million Isaac Downs project.

Isaac Downs would be developed as a satellite operation to Stanmore's Isaac Plains Complex near Moranbah, with an expected output of 2.5Mtpa saleable coking coal.

The company said the project had been established as an attractive investment proposition, with an all-in capital cost of $85.2 million generating a net present value of $214 million and internal rate of return of 139 per cent.

The recommended outcome of the BFS study, led by Palaris Australia, is to proceed. . .

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Stanmore builds on Isaac Downs coal resource

Written by dev on . Posted in All News, Coal, Processing / Manufacturing.

Stanmore Coal has increased the mineral resource estimate for its Isaac Downs project to 36 million tonnes as a result of exploration work over the past 18 months.

The announcement comes after the $90 million mining project near Moranbah was declared a prescribed project earlier this month, with construction tipped to begin in early 2021.

Stanmore said work undertaken for its bankable feasibility study had produced a recoverable open-cut mining reserve of 25.9 million tonnes, of which 22.3Mt was classified as proved and 3.6Mt as probable.

The company said the bankable feasibility study undertaken by Palaris. . .

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Special project status for Isaac Downs

Written by dev on . Posted in All News, Coal.

Stanmore Coal's $90 million Isaac Downs mining project near Moranbah has been declared a prescribed project.

Regional Development Minister Glenn Butcher said the project would provide ongoing long-term employment for workers at the region’s existing Isaac Plains mining complex as well as new jobs and economic growth.

“Pending all necessary approvals and Stanmore Coal’s business plans, project construction could begin as soon as early 2021 with the mine possibly becoming operational in mid-to-late-2021," he said.

“The construction phase of the project is expected to create 250 jobs.“The project will also. . .

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Strong mining rates for Stanmore Coal

Written by dev on . Posted in All News, Coal, Energy, Gold, Processing / Manufacturing.

Stanmore Coal has notched up another record, mining 3.02 million tonnes of coal (ROM) at the Isaac Plains complex, Moranbah, in the past financial year.

It marked a three per cent increase on the previous year, and included 638 tonnes mined in the June quarter and 813 tonnes in the previous quarter.

The company highlighted industry-leading dragline performance and the introduction of a CAT6060 excavator in November last year as key factors behind a record year for prime waste mining, with 41.3Mbcm shifted.

The product coal total of 2.39 million tonnes was ahead of guidance and. . .

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Civil works plans firm up for new Stanmore coal mine

Written by dev on . Posted in All News, Coal, Gold.

Civil Mining and Construction has come on board Stanmore Coal's Isaac Downs project to progress the engineering design.

Stanmore aims to deliver first coal from the new open-cut coal mine, at its Isaac Plains complex near Moranbah, in the first quarter of 2022.

In an update this week the company said Civil Mining and Construction had been appointed under an early contractor involvement model.

Their work would enable firm design and construct work packages to be developed ready for execution for the major civil works required to develop Isaac Downs, Stanmore said.

This includes bridgework for an underpass. . .

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