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Cook Colliery

Jul 29, 2021
Mastermyne engaged for Cook Colliery restart

Mastermyne engaged for Cook Colliery restart

QCoal Group subsidiary Constellation Mining has engaged Mastermyne Group to resurrect operations at the mothballed Cook Colliery, near Blackwater. Former Cook Colliery operator Bounty Mining went into voluntary administration late in 2019 after a string of setbacks, including rockfalls in the mine. The project will be restarted over two distinct phases, with the first phase… This content is...

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Apr 02, 2020
QCoal moves on Bounty Mining assets

QCoal moves on Bounty Mining assets

QCoal has moved to purchase the business and assets of Bounty Mining, including the Cook Colliery. The company went into voluntary administration in December after a string of setbacks including rockfalls at the Blackwater district mine in October. Bounty Mining receivers and managers PWC said they had accepted an offer from QCoal subsidiary Constellation Mining…. This content is for iQ Ind...

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Dec 18, 2019
Bounty Mining collapse costs 170 coal jobs at Christmas

Bounty Mining collapse costs 170 coal jobs at Christmas

About 170 contract workers have been left without a job a week before Christmas after the collapse of Cook Colliery operator Bounty Mining. Bounty has gone into voluntary administration after a string of setbacks including rockfalls at the Blackwater district mine in October. And newly appointed receivers and managers of the business, PWC, are putting… This content is for iQ Industry Queens...

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Dec 18, 2019
Cook Colliery owner Bounty  in pre-Christmas collapse

Cook Colliery owner Bounty in pre-Christmas collapse

Cook Colliery operator Bounty Mining has gone into voluntary administration after a string of setbacks, including rockfalls at the Blackwater district mine in October. The company has appointed Robert Hutson and Jarrod Villani of KordaMentha as administrators and PWC has taken the reins as receivers and managers of the business. A spokesman or PWC said… This content is for iQ Industry Queen...

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Nov 22, 2019
Battered Bounty working to secure more funds

Battered Bounty working to secure more funds

A cash-strapped Bounty Mining is battling on despite a string of setbacks at Cook Colliery including falling coal prices and two rock falls last month. Chairman Rob Stewart spelled out the situation in his address to the company AGM this week. (November 21). “Since Bounty‚Äôs decision to make an offer to purchase the Caledon assets… This content is for iQ Industry Queensland, iQ Coal, i...

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Nov 13, 2019
Cook Colliery sheds staff after rock fall review

Cook Colliery sheds staff after rock fall review

Bounty Mining says 21 workers have been laid off at Cook Colliery near Blackwater after rock falls at the coal mine last month forced changes to operations. While there were no personal injuries and only minor damage to equipment, Bounty said the falls resulted in 23,000 tonnes (ROM) in lost production for October. In addition,… This content is for iQ Industry Queensland, iQ Coal, iQ Civil,...

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Oct 28, 2019
Cook Colliery back on track after roof fall

Cook Colliery back on track after roof fall

Bounty Mining says its Cook Colliery operations, south of Blackwater, are back on schedule after a roof fall interrupted production. The company said a continuous miner damaged in the October 17 incident had been repaired and resumed mining on the night shift on Friday (October 25). Cook Colliery was now operating as scheduled with two… This content is for iQ Industry Queensland, iQ Coal, i...

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Oct 22, 2019
Roof fall buries equipment at Cook Colliery

Roof fall buries equipment at Cook Colliery

A continuous miner has been partially buried in a roof fall at Bounty Mining’s Cook Colliery, south of Blackwater. The company said the incident happened on Thursday (October 17), and did not result in any injuries. However it has halted production, as efforts continue to recover the CM13 continuous miner involved. Bounty said today that… This content is for iQ Industry Queensland, iQ...

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Oct 08, 2019
Bounty Mining executes refinancing deal with QCoal

Bounty Mining executes refinancing deal with QCoal

Cook Colliery owner Bounty Mining has signed a $90-million refinancing deal with QCoal. QCoal and managing director Christopher Wallin hold about 6.54 per cent of Bounty’s shares. Bounty said the agreement provided for cash funding of $60 million and a guarantee facility for $30 million. The funds will be used to repay outstanding debts to… This content is for iQ Industry Queensland, ...

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