Cockatoo Coal Limited

Cockatoo Coal Limited (Cockatoo) (ASX: COK) is a rapidly growing Australian metallurgical coal producer, operating a ultra low-volatile PCI mine in central Queensland. Cockatoo intends to expand operations in Baralaba to 3.5 Mtpa of product coal from 2015, up from the recently approved 1 Mtpa. Cockatoo is also advancing emerging coal projects in Queensland, posessing a significant portfolio of pipeline development opportunities in the Bowen, Galilee and Surat Basins. Cockatoo also has a presence in New South Wales managing the Bylong Coal Project in the Western Coalfields.

 

Highlights for June 2014 Quarter

  • Record Monthly Production at Baralaba Complex in June
  • First Coal extracted from Baralaba North
  • Mining Lease and Environmental Impact Statements submitted and response periods closed
  • Acquisition of minority interests in Baralaba Joint Venture

 

Mining Operations

Baralaba June Quarter 2014 Previous Quarter
ROM Coal production (tonnes) 230,943 119,906
Overburden (tonnes) 3,904,481 901,528
Strip Ratio (Baralaba Central only) 5.1 7.5
Coal stocks at quarter end (tonnes) 237,525 153,550
Total coal sales (tonnes) 146,206 158,610