Glossary
$M
Million dollars
AAICD
Associate of the Australian Institute of Company Directors
ACIS
Associate of Institute of Chartered Secretaries and Administrators and Chartered Secretaries Australia
AGM
Annual General Meeting
ASIA
Associate of the Securities Institute of Australia
ASIC
Australian Securities and Investments Commission
ASX
Australian Stock Exchange
BAppSc
Bachelor of Applied Science
BA
Bachelor of Arts
BBus
Bachelor of Business
BE
Bachelor of Engineering
Bowen Basin
The principal coal mining area in Queensland
CA
Chartered Accountant
Coking coal
Coal which is suitable for making coke
Corporate governance
The system by which companies are directed and managed
Crude steel
Unrefined steel
Cultural heritage
The requirements set out in the Aboriginal Cultural Heritage Act 2003 regarding significant Aboriginal areas or objects or evidence of archaeological or historical significance of Aboriginal occupation of an area of Queensland
DipAICD
Diploma from the Australian Institute of Company Directors
Dividend
Payment from the Company's profits to its shareholders
Dragline
A large earthmoving machine with a bucket suspended by cables from a crane-like boom
DUniv
Doctorate of University
EBIT
Earnings before interest and tax
EBITDA
Earnings before interest, tax, depreciation and amortisation
EPA
Environmental Protection Agency
EPC
Exploration permit for coal
FAICD
Fellow of the Australian Institute of Company Directors
FAIM
Fellow of the Australian Institute of Management
FAusIMM
Fellow of the Australian Institute of Mining and Metallurgy
FCIS
Fellow of Institute Chartered Secretaries and Administrators and Chartered Secretaries Australia
FCPA
Fellow of the Certified Practicing Accountants
GAICD
Graduate of the Australian Institute of Company Directors
Geological modelling
The recording of physical characteristics of different rock types from boreholes
Grad Dip Adv Acctg
Graduate Diploma in Advanced Accounting
Grad Dip CSP
Graduate Diploma in Company Secretarial Practice
Hedging
A process to protect against or reduce a risk
HonDLitt
Honorary Doctorate of Literature
Indicated Resource
That part of a Mineral Resource for which tonnage, densities, shape, physical characteristics, grade, and mineral content can be estimated with a high level of confidence. It is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques such as outcrops, trenches, pits, workings, and drill holes. The locations are too widely spaced or inappropriately spaced to confirm geological and/or grade continuity but are spaced closely enough for continuity to be assumed
Inferred Resource
That part of a Mineral Resource for which tonnage, grade and mineral content can be estimated with a reasonable level of confidence. It is inferred from geological evidence and assumed but not verified geological and/or grade continuity. It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings, and drill holes which may be limited or of uncertain quality and reliability
JORC Code
A code prepared by the Joint Ore Reserve Committee which defines criteria for publicly reporting resources and reserves
KPIs
Key performance indicators
Low volatile coal
Coal with less than 17% volatile matter
MAppSc
Master of Applied Science
MAusIMM
Member of the Australasian Institute of Mining and Metallurgy
MBA (AGSM)
Master of Business Administration from the Australian Graduate School of Management
ME
Master of Engineering
Measured Resource
That part of a Mineral Resource for which tonnage, densities, shape, physical characteristics, grade and mineral content can be estimated with a high level of confidence. It is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings, and drill holes. The locations are spaced closely enough to confirm geological and/or grade continuity
Metallurgical coal
Coal used in the production of steel
MLA
Mining lease application
NPAT
Net profit after tax
OBE
Order of the British Empire
Open-cut mine
A mine worked at and from the surface
Overburden
Material which overlies a deposit of useful material
PCI
Pulverised coal injection
Pig iron
Raw iron produced from blast furnaces
ROM
Run of mine
QDA
Queensland Diploma of Agriculture
Reserves
The economically mineable part of Measured or Indicated Coal Resource at the time of reporting as defined in the JORC Code
Resources
The part of the coal deposit for which there is a reasonable prospect for eventual economic extraction as defined in the JORC Code
Royalties
State government charges for the mining of coal
Slimcore
A borecore less than 90 millimetres in diameter
Strike length
The length of a deposit able to be accessed for mining
Tenement
A mining lease, exploration permit, or mineral development licence
Thermal coal
Coal which is combusted to provide heat for steam generation and subsequent power generation
Unincorporated Joint Venture
A business structure in which participants have several liability, fund operating and capital costs and receive the production in proportion to their level of ownership
