Cockatoo Coal (COK)

Shares / Stock Code

COK

Stock Exchange / Sharemarket

Australian Securities Exchange

Cockatoo Coal (COK) is a coal exploration company, with several tenements in Queensland which was incorporated in New South Wales on 28 January 2005. COK listed on the ASX on 19 December 2005. The company's lead projects are the Wonbindi and Dingo projects, situated in the Bowen and Surat basins. COK also has projects in the Clarence-Moreton and Tarong basins, and to date has identified more than 138Mt of total coal resources (JORC).

Cockatoo operates in two segments: Mining, and Exploration and evaluation. Cockatoo’s projects include Baralaba Coal Mine, Bowen Basin Projects and Surat Basin Projects. Baralaba coal mine is located approximately 50 kilometers north of Moura, which is in turn approximately 180 kilometers from the Port of Gladstone. Bowen Basin projects area covers approximately 56,000 hectares of contiguous land, with Permian age, Rangal Coal Measures sub-cropping over a strike length of approximately 80 kilometers. Its Surat Basin project consists of wholly owned projects, which includes Woori project, the Surat project, the Kingaroy project, the Condamine project and the Injune project. On December 12, 2008, the Company acquired Peabody Baralaba Investments Pty Limited, which holds a 62.5% interest in Baralaba Coal Pty Limited from Peabody Pacific Pty Limited.

The Wonbindi and Dingo project areas contain significant coal deposits, which include low volatile PCI coal. The Wonbindi project is in close proximity to existing road, rail and port infrastructure. The majority of COK's coal would be exported to Asia as has become the trend for most Australian coal producers. As a result of industry consolidation, BHP Billiton and Rio Tinto have emerged as the two dominant Australian producers. There are also a large number of international and second-tier domestic competitors.

Cockatoo Coal (COK) Products and Services

  • Exploration and development of coal projects

Cockatoo Coal (COK) Locations and Subsidiaries

Cockatoo Coal Head Office
66 Hunter Street, Level 2,
SYDNEY, NSW 2000
Phone: (02) 9300 3333
Fax: (02) 9221 6333

Cockatoo Coal (COK) Share Price

Submitted by ASX Listed Company on 11 March, 2010 - 20:32

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