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Capcoal Grasstree Data

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Capcoal Grasstree Information

  • General 2015-05-10
    Capcoal operates two underground mines, and two open-cut mines in the heart of the Bowen Basin in Central Queensland. Together these mines produce premium quality hard coking coal for export steel markets. The majority of coal is mined from the German Creek Formation, noted for containing hard coking coal of exceptionally high quality. The German Creek Sequence contains five coal seam intervals known as the German Creek, Corvus, Tieri, Aquila and Pleiades seams. Mining leases controlled by Capcoal cover 27,343 hectares and estimated coal resources are in excess of 1 billion tonnes, with in-situ mineable reserves of 125 Mt.

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  • Australian fund buys Anglo’s stake in Queensland’s Foxleigh mine 2016-08-29
    Mining giant Anglo American has completed the sale of its 70% interest in the Foxleigh metallurgical coal mine, in Queensland, to a consortium led by Australian fund manager Taurus Fund Management. The mining group entered into a sale and purchase agreement with the Taurus Fund Management-led consortium in April this year. The terms of the transaction were confidential.
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