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Balaclava Island Data

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Balaclava Island Information

  • General 2015-05-10
    he proposed Balaclava Island Coal Export Terminal, which was designed to ship 35 million tons a year from a site 40 kilometers south of the city of Rockhampton, would have opened up a new route for coal exports from the resource-rich Bowen and Surat basins to buyers in Asia. Xstrata's Australian coal unit spent several years examining plans for the terminal's development prior to the company's merger with Glencore International this month. However, following completion of the merger and a review of the project, "Glencore Xstrata has decided to cease its work on the project, effective immediately," the company said in an emailed statement. It cited poor market conditions in the Australian coal industry and excess port capacity in Queensland.

Nearby Locations

Nearby Location News

  • Carbine delays Mt Morgan DFS to December quarter 2016-09-26
    ASX-listed carbine Resources has extended the delivery of the definitive feasibility study for its Mount Morgan project, in Queensland, to the December 2016 quarter to allow for additional time to assess the possible relocation of the processing plant. Relocating the plant from its original location in Mundic Gully to Sandstone Gully could have several cost and scheduling benefits, including removing the plant from a heritage-listed area.
  • ASX: MOUNT MORGAN FEASIBILITY UPDATE 2016-09-25
  • Carbine increases Jorc resources at Mount Morgan by 215% 2016-08-30
    A 215% increase in the Joint Ore Reserves Committee resources at the Queensland-based Mount Morgan gold-copper tailings project to 850 000 oz highlights the potential to increase the project’s mine life and production, says owner Carbine Resources.
  • ASX: CARBINE'S MOUNT MORGAN RESOURCE INCREASES BY 215% TO 850KOZ 2016-08-29
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