The Karingbal people have traditional lands covering both the Springsure Creek and the Arcturus exploration permits.
The cultural management plans are aimed at providing a framework for Bandanna Energy and the Karingbal people to work together to identify and manage cultural heritage while facilitating the development of the projects.
Bandanna Energy managing director Michael Gray said the latest agreements follow on from the signing of two cultural heritage plans with the Kairi people in February this year.
“This is further evidence of the company’s commitment to the development of these projects and we look forward to working with the Karingbal people to further develop the projects in a manner which respects the cultural integrity of the area,” Gray said.
The explorer’s Springsure Creek thermal coal project is targeting two longwall operations for 11 million tonnes per annum while its Arcturus thermal coal project is targeting 5Mpta of product coal through open cut and underground mining by 2014.
Bandanna is well positioned to export coal from the Wiggins Island coal export terminal from late 2014, and plans to gradually increase production from Springsure Creek to 12Mtpa.