MINES

Foxleigh upgrades mobile equipment for $24.5M

This is expected to greatly reduce the risk profile of the current mining equipment.

Lou Caruana
Realm Resources' Foxleigh coal mine in Queensland.

Realm Resources' Foxleigh coal mine in Queensland.

Two Liebherr 9400 excavators and one Liebherr 996B excavator have been ordered to replace the aged equipment in use. 

The new excavators are be delivered and commissioned progressively over the next nine months.

This is expected to greatly reduce the risk profile of the current mining equipment and help the site to efficiently meet its targeted production in future years.

The Queensland Department of Natural Resources and Mines has renewed EPC 1139 which surrounds the Foxleigh mine for a five-year term with nil relinquishment for years one to three.

“This is a great outcome as it provides the Foxleigh Joint Venture with time to fully explore the vast remaining areas of EPC 1139,” the company said.

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