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Last A$0.0020 AUD
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As of 1:50 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

cockatoo coal ltd (COK) Snapshot

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06/27/14 - A$0.0068
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cockatoo coal ltd (COK) Details

Cockatoo Coal Limited is engaged in the acquisition, exploration, development, production, and operation of coal mining projects. The company primarily focuses on producing metallurgical and thermal coal. Its flagship project includes 62.5% interests in the Baralaba ultra-low volatile PCI coal mine located in the Bowen Basin, central Queensland. The company operates in Australia, Japan, and Singapore. Cockatoo Coal Limited is based in Sydney, Australia.

207 Employees
Last Reported Date: 09/1/14

cockatoo coal ltd (COK) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: A$130.1K
Company Secretary
Total Annual Compensation: A$115.0K
Chief Development Officer
Total Annual Compensation: A$216.1K
Compensation as of Fiscal Year 2014.

cockatoo coal ltd (COK) Key Developments

Cockatoo Coal Announces Redundancies in Central Queensland

Cockatoo Coal Limited has made significant redundancies in central Queensland to reduce overhead costs. The job cuts which include the chief financial officer, chief operating officer and company secretary. The number of redundancies this time has not been announced.

Cockatoo Coal Limited Appoints Peter Kane as Chief Executive Officer Effective April 19, 2015

The Directors of Cockatoo Coal Limited advised that Mr. Peter Kane has been appointed as Chief Executive Officer of the company to lead the delivery of the Baralaba Expansion project in the Bowen Basin, Queensland. Mr. Kane's employment will formally begin on April 19, 2015. Mr. Kane is a mining engineer with over 25 years experience in the mining industry throughout Australia, New Zealand and Mongolia, including significant and relevant Queensland coal sector experience. Recently, Peter has been the Group Managing Director at Guilford Coal. Peter was also Chief Executive Officer at Boardwalk Resources and Aston Resources before being appointed Chief Operating Officer ­ Projects with Whitehaven Coal following the merger of Whitehaven and Aston. Peter is a member of the Australian Institute of Mining and Metallurgy.

Cockatoo Coal Limited Announces Board Changes

Cockatoo Coal Limited appointed Mr. Damon Barber, Mr. Mark Tomek and Mr. Stephen Motteram as a Board. In addition, Mr. Neil Dhar has been appointed as an alternate Director for Tim Gazzard and Stephen Motteram, and Will Randall has resigned as an alternate Director. Mr. David Smith, the current Chief Financial Officer, has been appointed as the interim Chief Executive Officer of the Company. As part of the recapitalisation of the Company, future focus for company will be on the operations and development of the Baralaba mine. Mr. Damon G. Barber is the Senior Managing Director of Liberty Metals & Mining. Mr. Barber has over 23 years of experience in natural-resources finance and operations. Prior to joining Liberty Metals & Mining, he was Chief Executive Officer of a development stage potash company, Chief Executive Officer of a producing copper company and Managing Director at Deutsche Bank, including serving as the Head of Deutsche Bank's Metals and Mining investment banking practice in Asia-Pacific. Mr. Barber also spent over 11 years at Credit Suisse, including almost ten years as an investment banker in Credit Suisse's Energy Group. Mr. Mark Tomek is a senior member of Liberty Metals & Mining's investment team. Mark has over 12 years' experience in corporate finance, law and principal investing. Prior to joining Liberty Metals & Mining, Mr. Tomek worked as an investment banker in Canada and England, focusing on mergers & acquisitions and mining, and practiced corporate and securities law in Toronto at a large Canadian law firm. Mr. Motteram is the Global Head of Asset Development for Carbon Steel Materials at Noble Group. He has over 20 years experience in commodities trading and financing. Since joining Noble in 2011 he has worked on transactions in Australia, Indonesia, Africa, India, Brazil and China. Prior to this he worked at National Australia Bank and Louis Dreyfus. Mr. Dhar is Head of Carbon Steel Materials and a Management Committee member of Noble Group Limited. He has over 20 years experience in commodities. Since production, M&A, and trading joining Noble early in 2010, Neil has been the Co-Head of Hard Commodities, and prior to joining Noble, he has worked at Anglo American Plc as a Chief Commercial Officer.


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