Chairman | New Wallsend and York Mining

Underground metalliferous coal mining operations were under a 6 year lease to Cypress, then Oakbridge Mining, and later to Xstrata.  Management had to restart a closed mine & operate with productive workplace relations.  At its peak, around 700,000 tonnes of coking coal was mined.  Investors made a 27% IRR. Served, 1998-2003