https://www.engineeringnews.co.za

Cockatoo inks exploration deal with Jogmec

16th October 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Australian coal developer Cockatoo Coal has signed an exploration joint venture agreement with Japan Oil, Gas and Metals National Corporation (Jogmec) over its Dingo West project, in Queensland.

The project consists of two exploration permits covering 76 km2, and is located about 50 km from Cockatoo’s Baralaba mining complex. Cockatoo acquired the project in 2013 through the takeover of Blackwood Corporation.

Under the terms of the agreement with Jogmec, the Japanese firm would provide A$3.5-million over a three-year period for exploration on the Dingo West project, earning a 35% interest in the project.

Cockatoo told shareholders on Thursday that the joint exploration agreement provided Cockatoo with the funding for all planned exploration activities over the three years, including drilling, coal quality analysis and feasibility studies.

The funding also allowed Cockatoo to enhance its regional geological models.

First drilling activities at Dingo West were expected to start this quarter, with the drilling campaign to focus on shallow coal targets identified by two-dimensional seismic surveying, which was also planned for the fourth quarter of this year.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.063 1.495s - 140pq - 2rq
Subscribe Now