Bathurst Resources Ltd 2012 AR2
The report highlights Bathurst Resources Limited's progress during the 2011/2012 fiscal year as it transitions toward becoming a leading New Zealand coal producer. Key achievements include the acquisition of the Coalbrookdale assets, the opening of a new operations office in Wellington, and commencing production at the Coaldale block of the Takitimu mine. The company also established the independent Kaitiaki Environmental Reference Group to monitor environmental performance and was invited to join the Sustainable Business Council. Financially, the group reported coal sales revenue of $16.5 million but recorded a net loss of $21.5 million due to asset impairments and foreign exchange adjustments.
Company: Bathurst Resources Ltd
Sector: Mining & quarrying
Country: New Zealand
Year: 2012
Type: AR2
Pages: 112
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Bathurst Resources Ltd
Annual Report
The report highlights Bathurst Resources Limited's progress during the 2011/2012 fiscal year as it transitions toward becoming a leading New Zealand coal producer. Key achievements include the acquisition of the Coalbrookdale assets, the opening of a new operations office in Wellington, and commencing production at the Coaldale block of the Takitimu mine. The company also established the independent Kaitiaki Environmental Reference Group to monitor environmental performance and was invited to join the Sustainable Business Council. Financially, the group reported coal sales revenue of $16.5 million but recorded a net loss of $21.5 million due to asset impairments and foreign exchange adjustments.
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Document Details
Report Year
2012
Reporting Period
Jul 1, 2011 - Jun 30, 2012
Fiscal Year
2012
Published
Sep 27, 2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management