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Whitehaven Coal Limited : Annual Report 2011
WhitehavenCoalLimited–AnnualReport2011 15 DEVELOPMENT PROJECTS Vickery Whitehaven 100% Work has continued at Vickery to further define JORC resources and reserves and to define the mine development plan. To date, a JORC open cut coal resource of 439 Mt has been defined in the combined Vickery area (Vickery, Merton, Bluevale and Canyon Extended). Current mine planning has defined an open cut JORC marketable reserve of some 113 Mt and further work is expected to increase these reserves. Work is now well advanced to define an open cut mine plan for the Vickery area. Whitehaven expects this work to produce an open cut mine plan for Vickery of around 4.5 Mtpa ROM for at least 25 years with a stripping ratio of approximately 10:1. Ongoing analysis of Vickery coal quality indicates that, if all ROM coal is washed, saleable coal yield would be more than 80% of predominantly low ash, low sulphur, low phosphorus semi-soft coking and PCI coal, along with a component of low-ash, low-sulphur, high-energy thermal coal. This saleable coal yield can be increased significantly by by-passing a proportion of low-ash ROM coal, as is done with Whitehaven’s Tarrawonga coal. This will provide the Vickery project with a high degree of flexibility in producing metallurgical or premium thermal coal, depending on market conditions from time to time. Whitehaven currently plans to lodge an application for development approval for Vickery in early 2012, with the aim of having approval and being in a position to commence mine production in calendar 2013.
Annual Report 2010
Annual Report 2012