1.2.3.1.15 Monash Deposit

The Monash Deposit is 95 km north-west of Newcastle (Gloucester Coal, 2011, p. 11). It is wholly owned by Yancoal Australia Ltd (Yancoal), which has been granted two exploration licenses: EL 6123 and EL 7579 (Gloucester Coal, 2011, p. 20). According to the OZMIN database the total resources for Monash are estimated to be 577 Mt. Two types of coal can be produced from this deposit: metallurgical and thermal coal (Yancoal, 2014, p. 26). The life of a mine at this deposit is estimated to be more than 20 years with a ROM potential of up to 9 Mt/year (Gloucester Coal, 2011, p. 20).