Anglo Pacific Group Plc - Operations

Summary Australian Coal Royalties Canadian Coal Interests Australian Coal Interests Strategic Mining Interests

The activities of Anglo Pacific Group PLC are summarised as follows:

Australian royalties
The Group, via its wholly owned Australian subsidiary Gordon Resources Limited, owns a royalty entitlement to the output from the Kestrel and Crinum underground mines in Queensland other than Crown areas. The basis of calculation of the Group royalty is 7% of the invoiced value of the coal, without deduction for any costs pertaining to rail and road freight, or any other costs incurred in relation to the sale or disposal of the coal other than port and related charges.

Mining and exploration interests

The Group owns a number of strategic interests in quoted and unquoted coal, energy, gold, diamond, base metals and PGM mining projects.
The Group owns mineral licences in the Groundhog and Peace River Coal deposits in British Columbia, Canada.
The Group is participating in a joint venture to identify opportunities for some of the Group's licences in the Groundhog deposits in British Columbia, Canada.
The Group is participating in a joint venture with Core Resources to identify mining opportunities in Australia as well as carrying out detailed investigations into a potential new coal area in Australia.
The Group owns a substantial talc deposit in Shetland.

For more information on the Group's strategic mining interests please click here.