Australian hard coking coal miner Bathurst Resources has announced a 37 percent increase in its estimated coal reserves at its Buller coal project on the West Coast of the South Island of New Zealand.
The 37 percent increase in reserves for the whole Buller project takes recoverable reserves to 17.3 million mt from 12.6 million mt, including the first firm identification of 4.4 million mt of recoverable coal at Whareatea West.
The Buller coal project is pursuing high value, high temperature coking coal, required for use in steelmaking. Bathurst intends shipping most of its production from Westport to New Plymouth for export.