Cockatoo appoints new CEO to deliver Baralaba expansion project
JOHANNESBURG (miningweekly.com) – ASX-listed Cockatoo Coal has appointed Peter Kane its new CEO to lead the delivery of the Baralaba expansion project, in the Bowen basin, in Queensland.
Kane is a mining engineer with more than 25 years' experience in the mining industry throughout Australia, New Zealand and Mongolia, including significant Queensland coal experience. Recently, Kane had been the MD of Guildford Coal. He was also the CEO at Boardwalk Resources and Aston Resources before being appointed COO for projects at Whitehaven Coal, following the merger of Whitehaven and Aston.
The expansion plan is expected to increase the Baralaba project’s production from one-million tonnes a year to 3.5-million tonnes a year.
Cockatoo recently raised A$125-million through an accelerated renounceable entitlement offer to fund the Baralaba expansion project.
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