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mining (L-R) Ian Gray, Annetta Gray (G&S Engineering), Phil Geach and Elle Geach (Werner Engineering). dragline Ray Fairweather Jo-Anne Burke, DB Scaffolding; Susan McGuire, Mayogroup (L-R) Peter Shaw, Deirdre Schill, Jason Sharam, Joanne Sharam, Charmaine Ivey-Nemitz and Chris Nemitz (Linked Group Services) (L-R) Matthew Perre(Helloworld) , Stacey Cole, (Helloworld) Craig Wood and Debra Wood (SEW Eurodrive). Aboutusgeneric_1 Construction (L-R) Assoc. Professor PreethiPreethichandra,RenetteViljoen and Professor Pierre Viljoen (CQUniversity). St Vincent’s Private Hospital Toowoomba RObbie Falconer and Paula McDonald (L-R) Mastermyne CEO and RIN Chair, Tony Caruso, was honoured on the night with the Tony Britton award for outstanding dedication and enthusiasm to the resource services sector. He was presented with the award by the late Tony Brit. csg Aboutusgeneric_2 csg
mining (L-R) Ian Gray, Annetta Gray (G&S Engineering), Phil Geach and Elle Geach (Werner Engineering). dragline Ray Fairweather Jo-Anne Burke, DB Scaffolding; Susan McGuire, Mayogroup (L-R) Peter Shaw, Deirdre Schill, Jason Sharam, Joanne Sharam, Charmaine Ivey-Nemitz and Chris Nemitz (Linked Group Services) (L-R) Matthew Perre(Helloworld) , Stacey Cole, (Helloworld) Craig Wood and Debra Wood (SEW Eurodrive). Aboutusgeneric_1 Construction (L-R) Assoc. Professor PreethiPreethichandra,RenetteViljoen and Professor Pierre Viljoen (CQUniversity). St Vincent’s Private Hospital Toowoomba RObbie Falconer and Paula McDonald (L-R) Mastermyne CEO and RIN Chair, Tony Caruso, was honoured on the night with the Tony Britton award for outstanding dedication and enthusiasm to the resource services sector. He was presented with the award by the late Tony Brit. csg

Mine sale still in the air
MUCH publicised sale process enters its fifth month.
Wednesday 01 June 2016  

The future for the Callide mine workforce remains up in the air as negotiations between Anglo American and possible buyer Batchfire Resources enter their fifth month.

An in-principal sale agreement was first announced publicly in January, but a spokesperson for Batchfire told Shift Miner today nothing is finalised.

“No there is nothing more that we can say publicly about the sale process at this time,” he said.

“We are still working through the sale conditions.”

Adding to the complexity of the deal is the involvement of the State Government who through CS Energy, own the Callide Power Station that relies on the Callide mine for coal supplies.

CEO for Batchfire Resources Peter Westerhuis has briefed Queensland Treasurer Curtis Pitt, Energy Minister Mark Bailey, Mines Minister Anthony Lineham and the oppositions Jeff Seeney on the sale process.

In a short interview with Shift Miner in January Mr Westerhuis said there was no point speculating until the deal was concluded.

“What the future is for the current workforce and the proposed Boundary Hill South expansions are both good questions,” he said at the time.

“However the deal is not yet finalised, there are still some mechanical things to be worked through, so any comments about the future of the mine are still, unfortunately, speculative.”

The Callide mine is an open pit thermal coal mine that produces around seven and a half million tonnes of coal a year. Unlike many other mines, the majority of its coal is sold directly to local power stations on long-term fixed contracts.


 

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