Name and Location
Comet Ridge coal project, Queensland, Australia.

Client
Acacia Coal.

Project Description
The Comet Ridge project has total Joint Ore Reserves Committee-compliant resource of 66-million tons.

A prefeasibility study completed on the project has confirmed that it has mine development potential as a small producer of high-quality semihard coking coal for the export market, producing up to 450 000 t/y of coal for a minimum of eight years.

Opencut mining will be performed by an experienced second-tier contractor, employing a combination of hydraulic excavators, dozers, trucks, scrapers and front-end loaders.

Fixed infrastructure required to support the operation will include:
• a rail spur, loop and train-loading system;
• a coal handling and preparation plant; including associated facilities such as a run-of-mine system and product piles;
• building and associated facilities for heavy-vehicle and equipment maintenance and servicing, light-vehicle servicing, stores, administration, a fuel farm, jacking pads and hardstands, car parks, a bathhouse, crib rooms, a first aid station, muster areas and meeting areas;
• permanent roads, including access roads, internal haul roads and light-vehicle roads;
• services, including power, water, communication systems, sewerage and waste disposal;
• water management structures, including dams, drains, pumps and pipe systems; and
• site services, including fences, fire breaks and access tracks.

Value
$50-million

Duration
Earliest first coal production is expected in the fourth quarter of 2015.

Latest Developments
Acacia will progress the project to bankable feasibility stage over the next 12 months.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Acacia Coal, tel +61 1300 222 625, fax +61 2 9475 0869 or email info@acaciacoal.com.