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(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). Jo-Anne Burke, DB Scaffolding; Susan McGuire, Mayogroup Jason Kelly of Mackay Conveyor Equipment accepts the Chasing Foreign Markets Award from sponsor Helloworld Mackay and Mt Pleasant’s Mark Walter. Aboutusgeneric_2 Aboutusgenericimage_3 csg (L-R) Annabel Dolphin (Miles Dolphin Consulting Group), Vivienne Gayton (Mastermyne) and Holly Moore (Miles Dolphin Consulting Group). (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. Suzanne Brown and Scott McSwann (McKays Solicitors) St Vincent’s Private Hospital Toowoomba RObbie Falconer and Paula McDonald Lyn Downing and Debbie Harding (both Techserve) csg Ray Fairweather dragline
(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). Jo-Anne Burke, DB Scaffolding; Susan McGuire, Mayogroup Jason Kelly of Mackay Conveyor Equipment accepts the Chasing Foreign Markets Award from sponsor Helloworld Mackay and Mt Pleasant’s Mark Walter. Aboutusgeneric_2 Aboutusgenericimage_3 csg (L-R) Annabel Dolphin (Miles Dolphin Consulting Group), Vivienne Gayton (Mastermyne) and Holly Moore (Miles Dolphin Consulting Group). (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. Suzanne Brown and Scott McSwann (McKays Solicitors) St Vincent’s Private Hospital Toowoomba RObbie Falconer and Paula McDonald Lyn Downing and Debbie Harding (both Techserve) csg

Tinkler to be hands on in CQ
ALL his experience brought to bear on one of the region's smallest explorers.
Wednesday 04 November 2015  

FORMER Middlemount mining electrician and billionaire Nathan Tinkler will take a hands on role at Australian Pacific Coal (APC) as CEO and anaging director after acquiring more than 40 per cent of the business over the last six months.

Back in September, shares in Australian Pacific Coal took off when Nathan Tinkler and Trepang services - a company owned by the wealthy Northern Territory-based Paspaley and Robinson families - bought 15 per cent of the business.

Since then, Mr Tinkler has raised his stake in APC to 40 per cent.

The investment has been a godsend for APC who, like many other listed small cap miners, has seen their value collapse from a high of nearly AU$0.75 in 2005 to a low of just $0.01 now.

In April this year, APC announced it had just $300,000 of working capital to proceed with, and in June, its future looked even more bleak following a decision by Rio Tinto not to continue with its JV on the Hillalong tenement adjacent to Hail Creek mine west of Mackay.

It is unclear which of the company's assets are the ones considered attractive by its new investors.

Rio Tinto would not have spent 12 months drilling the Hillalong resource if they did not think it had potential, and a decision not to buy could have been made for all sorts of reasons unrelated to the results of the drilling.

On the other hand, APC says its flagship project is its Cooroorah tenement between Curragh and Jellinbah mines near Blackwater.

That project has advanced to the mineral development licence stage and has a deposit of around 125 million tonnes of metallurgical and thermal coal.
Mr Tinkler shot to fame in 2009 when he topped the Australian BRW Rich List for people under 40.
His personal wealth at the time was estimated to be $441 million.

The former electrician who worked in Newcastle coal mines made a fortune selling stakes in several mining companies around Middlemount.


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