Quarterly Report
July to September 2016
Wongawilli Colliery
Wollongong Coal Limited ABN 28 111 244 896
7 Princess Highway, Corrimal, NSW, 2518
Table of Contents
Production and Sales 3
Russell Vale Colliery 3
Wongawilli Colliery 3
Health, Safety, Environment & Community 4
Health & Safety 4
Environment & Community 5
Corporate & Financial 7
Cash Advances Facility Agreement 7
US $630 Foreign Currency Term Loan 7
Litigation by Mr Jasbir Singh 8
Capital Structure as on 26/Oct/2016 8
Board of Directors 8
Chief Executive Officer 8
For Further information 8
Business Address 8
Production and Sales
|
Russell Vale Colliery
|
Wongawilli Colliery
|
WLC
Totals
|
|
Apr - Jun 2016
|
Jul - Sept 2016
|
Apr - Jun 2016
|
Jul - Sept 2016
|
Apr - Jun 2016
|
Jul - Sept 2016
|
|
ROM
Production
|
-
|
-
|
-
|
38,260
|
-
|
38,260
|
|
Saleable Production
|
78,611
|
-
|
-
|
38,260
|
78,611
|
38,260
|
|
Sales
|
78,611
|
139,244*
|
-
|
-
|
78,611
|
139,244
|
*9,235 tonnes were sourced from a third party.
Russell Vale Colliery
The Russell Vale Colliery remains on Care and Maintenance. A small Care and Maintenance team are managing the asset with activities currently focused on equipment maintenance and management of the underground work environment.
No production was completed during the quarter as the mine remains on Care and Maintenance. 130,009 tonnes of remaining coal stockpiled plus 9,235 tonnes sourced from a third party were sold during the quarter.
Wongawilli Colliery
During August 2016, mining production recommenced at Wongawilli mine with the first coal production coming from the N4 Production Panel. This is the first panel to be extracted by Contractor Delta SBD (Delta). This follows six months of planned works to recommission all aspects of the Wongawilli mine.
Delta is now fully mobilised to site with pillar extraction activities continuing in N4 panel and the second production unit now completing development activities in N3 panel in preparation for pillar extraction to commence at the end of the Oct-Dec Quarter 2016. At this stage Wongawilli is expected to reach annualised production levels of 800kt per annum.
In total 38,260 tonnes of initial production was reported for the Quarter primarily from the N4 panel.
Health, Safety, Environment & Community
Health & Safety
Following the decision to place the Russell Vale Colliery under Care and Maintenance, there has been a review of the Health and Safety Management system to bring the system in line to the new operational requirements
Incidents that occurred during the quarter were:
Russell Vale Colliery
The only Injury recorded in the Quarter at Russell Vale was a Care and Maintenance Manager receiving medical treatment when his finger was caught in a pinch point.
Wongawilli Colliery
Operations to extract coal have now commenced at Wongawilli Colliery and Delta has implemented a Health and Safety Management System compliant with relevant Health and Safety legislation.
No significant medical treatment injuries were recorded during the Quarter.