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KEVINS CORNER

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About: The Kevins Corner coal mining project is located 340 kilometres south west of Mackay in Central Queenslands Galilee Basin, 160 kilometres west of the regional centre of Emerald, in the Barcaldine Municipal Council area. It is owned by Hancock Galilee Pty Ltd, a wholly owned subsidiary company of the GVK Group. Up until 2011 Hancock Galilee Pty Ltd had been owned by Hancock Prospecting Pty Ltd. The Galilee Basin is widely recognised as being the last great coal mining precinct hosting high quality thermal coal in Australia.

The Kevins Corner Coal Mining Project will Have a Construction Period of two Years

The Kevins Corner Project consists of two open cut coal mines and up to three underground coal mines that will be capable of producing up to 30 million tonnes of coal a year. The project will also have its own CHPP (coal handling and preparation plant), infrastructure to handle mine waste and an efficient water facility. There will also be a light industrial area and an onsite workers accommodation village, along with its own airstrip with a runway 2.5 kilometres in length. The 1,800 construction workers will also have the job of constructing an eight kilometre long access road. Once the construction phase is complete there will be jobs for up to 1,600 permanent mine workers. The construction is expected to take around two years to complete.

Kevins Corner Coal to be Railed to Abbot Point Port for Export

Coal mined at the Kevins Corner mining operation will be railed to the Abbot Point Port for export overseas. Both the rail and port facilities are to be built as part of the Alpha coal mining project. The Kevins Corner project is located north of, and adjacent to, the Alpha Coal Project. The Kevins Corner coal deposit has a JORC (Joint Ore Reserves Committee) compliant coal resource of 4.2 billion tonnes and a coal reserve of 473 million tonnes.

Kevins Corner Coal Production to be Ramped up Over a Period of Years

The Kevins Corner coal deposit is suitable for longwall underground mining that will be supported by the proposed open cut operations. It is proposed to use long and wide high-reach longwall panels that will have simple mine development access by road. This will allow for low cost underground longwall techniques that will give a high volume and high productivity results. The Kevins Corner mine is being designed as a stand alone mining operation that will have its productivity ramped up through various stages over a period of from five to seven years.

Kevins Corner Project is 100 Percent Owned by Indian Company GVK

GVK is the 100 percent owner of the Kevins Corner Coal Mining Project after it bought out Hancock Coal Pty Ltd's stake in the project in 2011, although, to date GVK has failed to meet all of the sale obligations which has led to speculation that it may be considering leaving the development of the Galilee Basin's massive coal resource to fellow Indian company Adani. Where work was intially to begin on the Kevins Corner Project in 2014, this has now been put back to 2018.

The Australian arm of GVK Group is majority owned by a private group of GVK companies (90 percent), the remaining 10 percent is owned by the Indian company, GVK Power and Infrastructure.

When the Galilee Project finally gets up it will be one of the largest thermal coal mines in the world.

GVK

GVK is a leading Indian company with diversified interests across various sectors including energy, resources, airports and transport.The company has acquired 79% equity stake each in Alpha Coal and Alpha West Coal mines and 100% equity stake in Kevin’s Corner Coal mine, all located in...........read more

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