Mayur Energy is pioneering the development of a highly prospective new coal province in PNG at an early stage with significant value uplift potential.
Coal exploration portfolio encompassing the majority of PNG’s coastal coal province within the Papuan Basin
Vision to develop Asia’s next low cost coal precinct to compete with Indonesia and similarly based on the Kalimantan-style model that has been so successful
Exploration licenses or co-operation to explore over a 120 km strike length of outcropping ‘Shu Coal Measures’ (within the coal-bearing Era Beds Formation)
Initial exploration programs completed and targets generated-over 4 metre thick seams are known to sub crop at surface in the region
Close proximity to deep draft rivers and coast providing access to international seaborne markets (est.OPEX of US$ 25 -30 /t)
Senior team assembled with extensive experience in delivering early stage mineral development projects, in PNG and globally, with coal a particular strength
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