Bathurst Domestic Operations

Bathurst’s domestic operations include the Cascade and Escarpment mines (while Escarpment is in the construction phase) the Takitimu mine in Southland, Canterbury Coal near Christchurch and a coal handling and distribution centre in Timaru. The current production from the company’s domestic operations is approximately 400,000 tonnes per annum.

The Takitimu mine is located near the town of Nightcaps and contains one of the few remaining pockets of sub-bituminous coal in the region, where coal has been produced for over 140 years. Nearly all coal has been recovered in the original pit and final rehabilitation work is underway.

Bathurst is currently developing the Coaldale block, an extension of the Takitimu mine that will produce more than two million tonnes of coal over several years, offering local jobs and supplying energy to local schools, hospitals and food and dairy processing plants.

The company has also signed an agreement to acquire the New Brighton Exploration permit. This permit is in close proximity to the Takitimu mine and is connected by the same railway line. It is prospective for high grade sub-bituminous coal and has the potential to add substantially to the life of the Southland operations.

In the long term Bathurst may consider export opportunities for its Southland coal, using existing infrastructure at Southport.

Bathurst also owns Canterbury Coal- an operating mine 70 kilometres west of Christchurch. The mine produces low sulphur coal to supply the local dairy industry. Production from the mine is expected to grow from 35,000 tonnes a year to 55,000 tonnes a year.

In addition, Bathurst holds Exploration Permits at Ohai and Albury.