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Anglo Pacific’s Investment Kestrel puts new management systems in place

The new management at Kestrel has implemented the Pulse Mining ERP and Pulse Analytics as its new reporting system after the mine was sold by Rio Tinto (LON:RIO) to EMR Capital and Adaro Energy for $2.9 billion. System implementation is being fast-tracked in readiness for the most seamless transition to new ownership methodologies and a more streamlined business processes.

Kestrel, which employs longwall mining to produce high-quality coking and thermal coal products for export markets, produced 5.1 million tonnes of saleable coal in 2017.

Kestrel Coal Resources business transition director Neil Grimes said the company conducted a rigorous system evaluation in April comparing three ERP vendors.

“We have a very ambitious schedule for assuming ownership of the Kestrel mine on behalf of the owners,” he said.

Kestrel is an underground coal mine located in the Bowen Basin, Queensland, Australia. It is operated by Rio Tinto Limited. The Anglo Pacific Group Plc (LON:APF) owns 50% of certain sub-stratum lands which, under Queensland law, entitle it to coal royalty receipts from the Kestrel mine.

 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.