Cuesta hikes Moorlands coal project resource to 281Mt
JOHANNESBURG (miningweekly.com) – ASX-listed Cuesta Coal has announced a 92% resource increase to 281-million tonnes at its flagship Moorlands thermal coal project, near Clermont, in Queensland.
The company reported on Tuesday that the measured Joint Ore Reserves Committee-compliant resource has increased by 103.5-million tonnes to 118.9-million tonnes, further supporting the initial opencut mine plan at the proposed Moorlands South pit.
“This is a significant development for Cuesta and is further evidence that Moorlands is developing into a substantial thermal coal project with significant value. Within the space of 12 months, Cuesta has taken Moorlands from a circa 54-million-tonne deposit to completing the bolt-on acquisitions of EPCs 775 and 776, completing cost-effective and safe exploration activities to enable the announcement of today’s resource increase,” commented MD Matthew Crawford.
He added that the company’s immediate focus was on assessing the reserve estimate, which was expected to be completed over the next four to six weeks. The reserve estimate is a major input item into the definitive feasibility study.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation














