TerraCom Ltd has extended the life of the Blair Athol Mine in Australia following a coal reserve update that has brought total JORC marketable reserves to 19.5 Mt.

The company engaged Deswik Mining Consultants to complete a revised JORC assessment of the operation in Clermont, Queensland.

As of June 30, the total reserve of 19.5 Mt and the company’s 2 Mt/y sales profile would see the operation extended for approximately a further 10 years, TerraCom said.

Executive Chairman, Craig Ransley, said: “This latest JORC reserve result means that the Blair Athol operation will effectively be able to operate for 14 years under TerraCom ownership (since acquisition in May 2017).”