Caledon operates the Cook Mine under a sublease agreement with Cook Resource Mining Pty Limited. The Cook Mine includes an underground colliery located approximately 30km south of the town of Blackwater in Central Queensland, Australia. Cook’s Coal Handling and Preparation Plant (CHPP), Train Load Out (TLO) and associated facilities are located approximately 15km south of the Blackwater township.
Mining at the Cook Colliery commenced in 1975. In 2007 Caledon restarted operations at the Cook Mine using bord-and-pillar mining and the original CHPP, TLO and associated infrastructure. A major modernisation, expansion and infrastructure upgrade project was completed at the Cook Mine in 2016. The project delivered a new longwall mining system, an upgraded underground coal handling system, a CHPP expansion and a fine coal recovery circuit.
The Cook Mine produces both coking and thermal coal for domestic and export markets. The product mix is approximately 80% coking coal and 20% thermal coal. Cook Mine’s coking coal product is valued for its high fluidity, medium volatiles and low contaminants while the thermal coal attracts a price premium for its energy content.
Cook Mine’s coal resources, tabled below, were reported according to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia, December 2012 (the JORC Code) and the Australian Guidelines for the Estimation and Classification of Coal Resources, prepared by the Guidelines Review Committee on behalf of the Coalfields Geology Council of New South Wales and the Queensland Resources Council, October 2014.