Bandanna Energy Limited
ASX:BND ISIN:AU000000BND8
Bandanna Energy is the only ASX listed company with substantial coal assets in both the Bowen and Galilee basins subject to EIS and advanced mine studies. The company is committed to working constructively with the communities in which it operates, and delivering growing returns to shareholders, government and the community.
Bandanna Energy's Springsure Creek underground thermal coal project is scheduled to commence production in mid-2015. Bandanna is a 14% shareholder in Wiggins Island Coal Export Terminal (WICET) Stage 1 at Gladstone, with port allocation of 4Mtpa for the Springsure Creek Project, and has also secured the necessary infrastructure capacity for the integrated rail haulage of coal from the Springsure Creek Project to port.
News
Bandanna Energy Limited (ASX:BND) advises that the Queensland Competition Authority (QCA) has approved the arrangements for the construction of the Wiggins Island Rail Project.
As Chief Development Officer, Mr Clarke will be responsible for overseeing the development of Bandanna's coal projects including the Springsure Creek project, due to commence coal export through the Wiggins Island Coal Export Terminal by mid-2014.
Bandanna Energy Limited (ASX:BND) continues to progress project development activities required to position Bandanna as Australia's next coal producer. Key highlights and milestones for the Reporting Period, confirming Bandanna's ongoing transition from coal explorer to coal producer, include:
Bandanna Energy Limited (ASX:BND), through its wholly owned subsidiary Springsure Creek Coal Pty Ltd, is pleased to announce a 50% increase in the Marketable Reserve at its Springsure Creek Project in the southern Bowen Basin south of Emerald, Queensland.
Bandanna Energy Limited (ASX:BND) is pleased to announce that it has signed two Cultural Heritage Management Plans, one in relation to the Springsure Creek Coal Project and the other in relation to the Arcturus Project in the Bowen Basin, with the indigenous Karingbal people.
Bandanna Energy Limited (ASX:BND) has announced the appointment of independent, non-executive director John Pegler as Chairman of the Board of Directors. John Pegler commenced as a director of Bandanna Energy on 1 January 2012. Mr Pegler is a mining engineer by training, with 39 years' experience in open-cut and underground resource development, coal mining and processing operations, international and domestic coal marketing, project management and international procurement.
Bandanna Energy Limited (ASX:BND) is pleased to provide a Presentation to Mines and Money Conference Hong Kong.
Bandanna Energy Limited (ASX:BND) has announced the appointment of experienced corporate legal professional Tess Lye to the position of Company Secretary and General Counsel.
The Directors of Bandanna Energy Limited (ASX:BND) present their report on the Consolidated Group consisting of the Company and its controlled entities for the half year ended 31 December 2011.
Bandanna Energy Limited (ASX:BND) Springsure Creek train loadout infrastructure agreement. Bandanna has entered into a binding agreement with Acacia Coal Limited (ASX:AJC) in relation to the sharing of train loadout infrastructure, in return for Acacia's consents to Bandanna's applications for transportation and infrastructure mining leases over portions of Acacia's EPC 1230.
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