SURFACE

Qld royalty hike won't stymie Curragh growth ambitions

WHILE the recent sudden change to Queensland's coal royalty regime raised the issue of sovereign risk, Coronado Australia chief operating officer Douglas Thompson says the company's Curragh open cut coal mining complex will still seek to grow in the second half of the year.

 The Curragh mine has a 22% growth target over the next three years.

The Curragh mine has a 22% growth target over the next three years.

"We're about to find second gear and go even bigger for the second half of 2022," he told the Bowen Basin Mining Club. Coronado estimates the H2 2022 impact on earnings from Queensland's royalty hike...

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