Crusader Coal

Crusader Coal is an Australian owned company that operates the Terrace mine, a small underground sub-bituminous coal mine located near Reefton on the West Coast of the South Island.

Company numbers: 2464403 Crusader Coal Ltd 3960738 Crusader Coal Operations Ltd

Incorporation dates: 19 May 2010		Crusader Coal Ltd 25 Aug 2012		Crusader Coal Operations Ltd

Ownership Number of shares issued: 1125 for each company Shareholder(s): The shares are divided between five Australian shareholders.

Directors Gerard Max BEECH (Australia) Bernard LAMBLEY (Australia) Quintin RAWIRI (Australia) Marek Roman ROMANSKI (Australia)

Current Permits 52351		Coal Mining Permit		16 Sep 2010–15 Sep 2020 Location: West Coast	36.2 ha		Operation name: Terrace

Additional information Terrace Mine was owned and operated by Solid Energy until 2009 when it was closed as uneconomic. The mine was sold to Crusader Coal in 2011 and became operational again by January 2013. Company director, Mr Bernard Lambley, said that the first 12 months would be spent mainly on developing new areas underground for coal extraction but that it was hoped to produce 30,000–40,000 tonnes of coal during that phase. In its website, the company states that, “The purchase and operation of the Terrace Mine is the first step in establishing Crusader Coal as a successful West Coast entity.”

In June 2013 Mine Project Manager Bernie Lambley announced that it was expected to have the mine in production by August. Full production would involve digging out about 50,000 tonnes annually, increasing to 70,000 tonnes. It was estimated that about 2 million tonnes could be extracted from the 14 m thick seam, giving the mine a 15-year life. The coal is sold to Solid Energy as Crusader doesn’t have the necessary resources for marketing.

New Zealand Registered Offices Crusader Coal Ltd: 3 Bridge St, Reefton, 7851 Crusader Coal Operations Ltd: Level 2, Ami House, 116 Riccarton Road, Riccarton, Christchurch, 8041

Website: http://qrawiri.wix.com/crusadercoal#!

Related SourceWatch Resources

 * New Zealand and coal
 * New Zealand Mining Industry Association
 * Solid Energy