Bathurst Resources Ltd Information

Bathurst Resources Limited is a New Zealand coal mining company with a strong focus on people and long-term environmental sustainability. In June 2013 the company completed its move from Australia and became a New Zealand company with its head office located in Wellington. On July 1, 2013, Bathurst commenced trading shares under the code BRL on both the New Zealand and Australian stock exchanges. Bathurst is committed to providing jobs and incomes through responsible resource use and investing in environmental protection for future generations, through kaitiakitanga - guardianship and conservation of the land. Bathurst has exploration and mining permits covering 10,000 hectares on the Buller Coalfield, in New Zealand's south island. This coalfield is home to some of the world's most valuable, hard coking coal used for making steel. The company has three operating mines - Cascade on the edge of the Denniston Plateau, which produces semi-soft coking coal, Takitimu in Southland and Canterbury Coal, near Christchurch, both providing energy for local industrial users. Bathurst also owns a coal distribution centre in Timaru. Key to Bathurst's flagship Buller development is the Escarpment project which will provide 225 jobs, $1 billion to the New Zealand economy and pay for environmental and conservation projects for decades to come. Escarpment is the initial development of Bathurst's Buller Coal project. When fully operational it will provide over 200 jobs, contribute substantially to the NZ economy, and fund long term environmental and conservation projects. Escarpment is located on the historic Denniston Plateau, near Westport, which has been mined for more than 140 years. Bathurst Resources is totally committed to providing jobs and incomes for New Zealanders. The company is also investing significantly in projects to preserve the environment for the benefit of future generations. These include initiatives to protect native flora and fauna and biodiversity enhancement programmes in addition to employing leading ...