Waratah wins top explorer award

WARATAH Coal has been named Queensland Explorer of the Year at the Mining 2008 conference in Brisbane.
Waratah wins top explorer award Waratah wins top explorer award Waratah wins top explorer award Waratah wins top explorer award Waratah wins top explorer award

Queensland Department of Mines and Energy's Stuart Booker, Waratah CEO Peter Lynch, Mining 2008's Stewart McDonald and Waratah chairman Nick Mather.

Angie Tomlinson

Waratah chief executive Peter Lynch and company chairman Nick Mather accepted the award Thursday night from Queensland Department of Mines and Energy deputy director-general Stuart Booker.

“For a relatively young company like Waratah to receive this award is a tremendous recognition of our accomplishments,” Lynch said.

The company this year announced plans for a $A5.3 billion coal project in the Galilee Basin in central Queensland.

Waratah’s exploration to date has delineated more than 4 billion tonnes of inferred thermal coal resources.

The proposed large-scale mine would be linked to a new coal terminal on the central Queensland coast by a railway line which would be open to third-party users.

Waratah’s Galilee Basin project has been declared a significant project by the Queensland government.

Brisbane-based Waratah is listed on the Toronto Stock Exchange and plans to list on the Australian Securities Exchange on November 7.

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