Clyde Park Coal Project

Clyde Park Coal Pty Ltd (Clyde Park Coal) holds mining lease application (MLA) 10369 at the edge of the north-eastern Galilee Basin (Figure 12). This MLA, which was lodged in December 2012, hosts the proposed Clyde Park Coal Project (formerly known as White Mountain) within contiguous EPC tenements 1250 and 1260. The site is about 70 km north-west of the town of Pentland, and close to the existing Mount Isa to Townsville railway. Clyde Park Coal is 64.4% owned by Guildford Coal, with most of the remaining shares held by Tiaro Coal Ltd.

Previous exploration work at Clyde Park has delineated a 728 Mt thermal coal resource in EPC 1260, comprising 51 Mt of indicated resource and 677 Mt of inferred resource (Guildford Coal, 2013). Additionally, an initial exploration target of 40 to 815 Mt of similar thermal coal has been defined in neighbouring EPC 1250 (Guildford Coal, 2013). These resources are hosted in the Late Permian Betts Creek beds, and appear to be consistent with other coal deposits known from the north-eastern Galilee Basin, such as those at South Pentland (Cockatoo Coal) and Hughenden (Guildford Coal). Based upon initial test results from exploration, the Clyde Park Coal Project is considered to have good potential for producing export quality thermal coal with moderate ash and low sulfur contents. Further information on the Clyde Park Coal Project is available at Guilford Coal (2014a).

At around the same time as the mining lease application was lodged an initial advice statement (IAS) concerning the proposed development of Clyde Park Coal Project was made to the Queensland Coordinator-General. This was the first step in the required statutory approvals process, leading to submission of an EIS. However, the IAS was subsequently withdrawn by Guildford Coal in July 2013 prior to lodging an EIS, as further consideration of mining options meant that the original details provided in the IAS were out-dated. At the time of writing, the future plans and timing for regulatory approval of the Clyde Park Coal Project are unknown, although the MLA is still pending.

In December 2012, Guildford Coal signed a memorandum of understanding with infrastructure company Asciano Ltd (Guildford Coal, 2013). This aimed to develop an integrated ‘pit to port’ solution for future mines that may be developed in the north and north-eastern Galilee Basin, including the portfolio of coal assets which Guildford has a stake in within the region including the Hughenden, Clyde Park and Pentland projects.

Last updated:
5 January 2018
Thumbnail of the Galilee subregion

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