Cameby Downs coal mine explained

Cameby Downs Coal Mine
Place:Darling Downs
Subdivision Type:Region
State/Province:Queensland
Country:Australia
Owner:Yancoal
Products:Coking coal
Opening Year:2010

The Cameby Downs Coal Mine is a coal mine located 16 km south-east of Miles on the Darling Downs in Queensland. The mine has coal reserves amounting to 688 million tonnes of thermal coal, one of the largest coal reserves in Asia and the world. Coal is extracted from the Juandah Formation in the Surat Basin.[1]

Mining operations began in 2010. The mine has an annual production capacity of 2 million tonnes of coal.[2] It is owned by Yancoal.

Cameby Downs was one of numerous Queensland mines closed during the 2010–11 Queensland floods.

Syntech Resources, who owned the mine in 2009 and itself was owned by Goldman Sachs, announced plans for a significant expansion of production from 1.8.[1]

Exports from the mine leave via the Port of Brisbane.[3]

When the mine was constructed, the missing Wandoan-Moura Rail Link was expected to be completed, when Queensland Rail cancelled this, the mine was left with a much slower production rate and left to use the few remaining slots on the West Moreton Rail Corridor, Main Line railway.

See also

References

-26.616°N 150.353°W

Notes and References

  1. Web site: Cameby Downs Expansion Project . 20 June 2013 . Department of Environment and Heritage Protection . 5 August 2013 .
  2. Web site: Cameby Downs Coal Mine. 2012. Yancoal. 2013-07-03.
  3. News: China's Yanzhou Coal buys Aussie mine for $202m . Matt Chambers . 5 August 2013 . 3 August 2011 . . News Limited .