From Wikipedia, the free encyclopedia
Pembroke Resources
IndustryCoal Mining
Founded2014
FounderBarry Tudor
Website www.pembrokeresources.com.au

Pembroke Resources is an Australian coal mining company.

History

Pembroke Resources was established in April 2014 by mining industry veteran Barry Tudor and ex-CEO of ASX listed Gloucester Coal Ltd. [1]

In May 2014 Denham Capital invested US$200 million into Pembroke Resources. [2]

In April 2016 the Company acquired the Olive Downs Project from Peabody Energy and CITIC Resources for A$120 million [3] in what will become one of Australia’s largest metallurgical coal mines. [4]  Pembroke Resources unveiled plans to invest $1 billion in the mine while employing up to 1,000 people. [5] [6]

In April 2018 Pembroke Resources acquired 41,500 hectares of land from Peabody Energy for around $50 million. [7]

In May, 2019 Pembroke Resources received approval from Queensland’s Coordinator-General. [8]

References

  1. ^ "The coal kings behind Queensland's next giant mine". Australian Financial Review. 2018-09-09. Retrieved 2024-06-05.
  2. ^ "Denham Capital Backs Pembroke Resources". Denham Capital. Retrieved 2024-06-05.
  3. ^ "Bankers on the scene at PE-owned Queensland coal mine Olive Downs". Australian Financial Review. 2024-04-01. Retrieved 2024-06-05.
  4. ^ "Australian firm taps coking coal rebound for new mine in 2017". Reuters.
  5. ^ Dorrell, Ashleigh (2024-04-23). "$1b Olive Downs coal mine officially opens". The Australian Mining Review. Retrieved 2024-06-05.
  6. ^ Creagh, Ben (2017-02-08). "Pembroke Resources to build coal mine in Bowen Basin". Australian Mining. Retrieved 2024-06-30.
  7. ^ "Mining company Pembroke buys Queensland cattle stations for $50m". Australian Financial Review. 2018-04-15. Retrieved 2024-07-01.
  8. ^ "Olive Downs mine may impact koala habitat the size of Sydney Harbour". ABC News. 2019-05-15. Retrieved 2024-07-01.
From Wikipedia, the free encyclopedia
Pembroke Resources
IndustryCoal Mining
Founded2014
FounderBarry Tudor
Website www.pembrokeresources.com.au

Pembroke Resources is an Australian coal mining company.

History

Pembroke Resources was established in April 2014 by mining industry veteran Barry Tudor and ex-CEO of ASX listed Gloucester Coal Ltd. [1]

In May 2014 Denham Capital invested US$200 million into Pembroke Resources. [2]

In April 2016 the Company acquired the Olive Downs Project from Peabody Energy and CITIC Resources for A$120 million [3] in what will become one of Australia’s largest metallurgical coal mines. [4]  Pembroke Resources unveiled plans to invest $1 billion in the mine while employing up to 1,000 people. [5] [6]

In April 2018 Pembroke Resources acquired 41,500 hectares of land from Peabody Energy for around $50 million. [7]

In May, 2019 Pembroke Resources received approval from Queensland’s Coordinator-General. [8]

References

  1. ^ "The coal kings behind Queensland's next giant mine". Australian Financial Review. 2018-09-09. Retrieved 2024-06-05.
  2. ^ "Denham Capital Backs Pembroke Resources". Denham Capital. Retrieved 2024-06-05.
  3. ^ "Bankers on the scene at PE-owned Queensland coal mine Olive Downs". Australian Financial Review. 2024-04-01. Retrieved 2024-06-05.
  4. ^ "Australian firm taps coking coal rebound for new mine in 2017". Reuters.
  5. ^ Dorrell, Ashleigh (2024-04-23). "$1b Olive Downs coal mine officially opens". The Australian Mining Review. Retrieved 2024-06-05.
  6. ^ Creagh, Ben (2017-02-08). "Pembroke Resources to build coal mine in Bowen Basin". Australian Mining. Retrieved 2024-06-30.
  7. ^ "Mining company Pembroke buys Queensland cattle stations for $50m". Australian Financial Review. 2018-04-15. Retrieved 2024-07-01.
  8. ^ "Olive Downs mine may impact koala habitat the size of Sydney Harbour". ABC News. 2019-05-15. Retrieved 2024-07-01.

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