Coronado to open Mammoth underground mine in Qld
ASX-listed Coronado Global Resources on Friday announced the opening of its Mammoth underground mine at the Curragh Mining Complex in Queensland's Bowen basin.
The mine, located at the southern end of the Curragh North pit, will be Coronado’s first underground mining venture in Australia.
The cutting of first coal is scheduled for next week, marking the official start of operations. The mine will ramp up to a production rate of 1.5-million to 2-million tonnes a year in 2025.
Mammoth will be an underground bord-and-pillar operation, gaining access to 41-million tonnes of run-of-mine metallurgical coal reserves through the existing opencut pit highwall in S-Pit.
“It will mark our first foray into underground mining in Australia and underpins our strategy of delivering organic growth to increase production and lower costs,” said Coronado CEO Douglas Thompson.
“We have combined our well-established expertise and heritage in underground mining from our US operations with industry leading local partnerships to deliver this mine. Mammoth is expected to continue our strong track record of realising value from our existing assets.”
Thompson added that Coronado was grateful for the support of the Queensland government, which had worked collaboratively with the project team on the approvals required to reach this milestone.
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