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Tag: Isaac River

Bowen Coking Coal boosts coffers as projects advance

Bowen Coking Coal has announced a successful $3 million capital raising as it fast-tracks the development program for the Broadmeadow East coking coal mine.

The company said the funds would also go towards general working capital purposes, including Isaac River permitting and business development opportunities.

“We are delighted with the support for the (share) placement and welcome a number of new institutional investors to the register," managing director and chief executive officer Gerhard Redelinghuys said.

"The team are focused on fast-tracking production at Broadmeadow East and advancing the Isaac River asset.

"We have an exciting suite of assets. . .

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Isaac River milestone on road to production

Bowen Coking Coal has lodged its Environmental Authority application for the Isaac River project, located beside BMA's Daunia mine in the Bowen Basin.

The company said the move was a significant milestone in the critical path to converting the project into a producing asset, following on from the mining lease applications lodged earlier this year.

It comes just a day after Bowen Coking Coal announced it had completed acquisition of the Broadmeadow East project near Moranbah, saying it had mine planning and environmental approval processes underway to fast-track the start-up of that operation.

The Isaac River coking. . .

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Sought-after coal seam boosts Isaac River resource

Bowen Coking Coal has increased the resource estimate for its Isaac River project by more than 67 per cent to 8.7 million tonnes.

The company says the new total follows confirmation of the higher quality Vermont Upper seam, which accounts for 3.2 million tonnes of the resource estimate.

It says 8.35 million of the 8.7 million tonnes is classified as measured and indicated.

The Isaac River site lies east of Daunia mine in the Bowen Basin.

"The primary purpose of the company's maiden drilling program at Isaac River was to test the expected existence of. . .

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