Latest news with #TheBloomfieldGroup
The Advertiser
5 days ago
- Business
- The Advertiser
'Like something on the stockmarket': Mining company acquires Hunter village
Now, the handful of residents still living at Camberwell are rallying once again after the Bloomfield Group's acquisition of several strategic land and mining tenure assets from Yancoal last week. They include mining company-owned dwellings at Camberwell, as well as land and associated mining tenure for the previously proposed Ashton South East Open Cut project at Camberwell. Ashton Coal, a subsidiary of the Chinese-owned Yancoal, allowed the project's approval to lapse in October 2023. Central to its decision was the insurmountable opposition from former Camberwell resident Wendy Bowman. The NSW Court of Appeal ruled in 2015 that the mine could only proceed if Ms Bowman agreed to sell her land. Ms Bowman died in August 2023 aged 89. Bloomfield acquired her property for $9 million earlier this year. A Bloomfield spokesman said the company would assess opportunities for the mining assets it had just acquired from Yancoal to complement its existing operations. "Completion of the acquisition and any future development is subject to the usual regulatory process and approvals," he said. The spokesman said the company had no plans to change the existing arrangements for the properties it had acquired in Camberwell. Deidre Olofsson, a close friend of Ms Bowman, has lived in Camberwell for 39 years, She said he had "no doubt" the South East Open Cut project would be revived. "We are not stupid; they paid $9 million for Wendy's place and it is not worth anything near that," she said. Ms Olofsson, who has recently invested in upgrading her property, said she feared pressure would increase on the village's residents to get out. "Our village has been traded like something on the stock market. It's disgraceful," she said. "We have fought so hard to save this village and now it's all on again. They are destroying people's mental health and we have no recourse." Bloomfield's agreement with Yancoal also includes the area of the Donaldson open-cut and Abel underground mines, located east of Maitland and adjacent to The Bloomfield Group's Bloomfield Colliery. Under the agreement, The Bloomfield Group will assume responsibility for the rehabilitation of both the Donaldson and Abel mine sites. The agreement also includes land, dwellings, and associated mining tenure in the Upper Hunter, adjacent to The Bloomfield Group's Rix's Creek Mine. The arrangement involves the balanced exchange of particular assets and obligations and does not include a cash payment. Bloomfield Group chief executive Brett Lewis said the acquisition aligns with the company's strategy of investing to ensure stability for existing operations, while also creating business options and growth opportunities. "While we will assess opportunities for the acquired mining assets to complement our existing operations, this acquisition is about more than simply continuing mining," Mr Lewis said. "It's about making responsible decisions for our people and the community through improved rehabilitation outcomes, regional development opportunities, and the potential for more diverse future land uses." "Securing land adjacent to our existing Rix's Creek Mine operations gives us the flexibility to better plan for future infrastructure, such as the proposed highway relocation to support our Rix's Creek North Continuation Project." Now, the handful of residents still living at Camberwell are rallying once again after the Bloomfield Group's acquisition of several strategic land and mining tenure assets from Yancoal last week. They include mining company-owned dwellings at Camberwell, as well as land and associated mining tenure for the previously proposed Ashton South East Open Cut project at Camberwell. Ashton Coal, a subsidiary of the Chinese-owned Yancoal, allowed the project's approval to lapse in October 2023. Central to its decision was the insurmountable opposition from former Camberwell resident Wendy Bowman. The NSW Court of Appeal ruled in 2015 that the mine could only proceed if Ms Bowman agreed to sell her land. Ms Bowman died in August 2023 aged 89. Bloomfield acquired her property for $9 million earlier this year. A Bloomfield spokesman said the company would assess opportunities for the mining assets it had just acquired from Yancoal to complement its existing operations. "Completion of the acquisition and any future development is subject to the usual regulatory process and approvals," he said. The spokesman said the company had no plans to change the existing arrangements for the properties it had acquired in Camberwell. Deidre Olofsson, a close friend of Ms Bowman, has lived in Camberwell for 39 years, She said he had "no doubt" the South East Open Cut project would be revived. "We are not stupid; they paid $9 million for Wendy's place and it is not worth anything near that," she said. Ms Olofsson, who has recently invested in upgrading her property, said she feared pressure would increase on the village's residents to get out. "Our village has been traded like something on the stock market. It's disgraceful," she said. "We have fought so hard to save this village and now it's all on again. They are destroying people's mental health and we have no recourse." Bloomfield's agreement with Yancoal also includes the area of the Donaldson open-cut and Abel underground mines, located east of Maitland and adjacent to The Bloomfield Group's Bloomfield Colliery. Under the agreement, The Bloomfield Group will assume responsibility for the rehabilitation of both the Donaldson and Abel mine sites. The agreement also includes land, dwellings, and associated mining tenure in the Upper Hunter, adjacent to The Bloomfield Group's Rix's Creek Mine. The arrangement involves the balanced exchange of particular assets and obligations and does not include a cash payment. Bloomfield Group chief executive Brett Lewis said the acquisition aligns with the company's strategy of investing to ensure stability for existing operations, while also creating business options and growth opportunities. "While we will assess opportunities for the acquired mining assets to complement our existing operations, this acquisition is about more than simply continuing mining," Mr Lewis said. "It's about making responsible decisions for our people and the community through improved rehabilitation outcomes, regional development opportunities, and the potential for more diverse future land uses." "Securing land adjacent to our existing Rix's Creek Mine operations gives us the flexibility to better plan for future infrastructure, such as the proposed highway relocation to support our Rix's Creek North Continuation Project." Now, the handful of residents still living at Camberwell are rallying once again after the Bloomfield Group's acquisition of several strategic land and mining tenure assets from Yancoal last week. They include mining company-owned dwellings at Camberwell, as well as land and associated mining tenure for the previously proposed Ashton South East Open Cut project at Camberwell. Ashton Coal, a subsidiary of the Chinese-owned Yancoal, allowed the project's approval to lapse in October 2023. Central to its decision was the insurmountable opposition from former Camberwell resident Wendy Bowman. The NSW Court of Appeal ruled in 2015 that the mine could only proceed if Ms Bowman agreed to sell her land. Ms Bowman died in August 2023 aged 89. Bloomfield acquired her property for $9 million earlier this year. A Bloomfield spokesman said the company would assess opportunities for the mining assets it had just acquired from Yancoal to complement its existing operations. "Completion of the acquisition and any future development is subject to the usual regulatory process and approvals," he said. The spokesman said the company had no plans to change the existing arrangements for the properties it had acquired in Camberwell. Deidre Olofsson, a close friend of Ms Bowman, has lived in Camberwell for 39 years, She said he had "no doubt" the South East Open Cut project would be revived. "We are not stupid; they paid $9 million for Wendy's place and it is not worth anything near that," she said. Ms Olofsson, who has recently invested in upgrading her property, said she feared pressure would increase on the village's residents to get out. "Our village has been traded like something on the stock market. It's disgraceful," she said. "We have fought so hard to save this village and now it's all on again. They are destroying people's mental health and we have no recourse." Bloomfield's agreement with Yancoal also includes the area of the Donaldson open-cut and Abel underground mines, located east of Maitland and adjacent to The Bloomfield Group's Bloomfield Colliery. Under the agreement, The Bloomfield Group will assume responsibility for the rehabilitation of both the Donaldson and Abel mine sites. The agreement also includes land, dwellings, and associated mining tenure in the Upper Hunter, adjacent to The Bloomfield Group's Rix's Creek Mine. The arrangement involves the balanced exchange of particular assets and obligations and does not include a cash payment. Bloomfield Group chief executive Brett Lewis said the acquisition aligns with the company's strategy of investing to ensure stability for existing operations, while also creating business options and growth opportunities. "While we will assess opportunities for the acquired mining assets to complement our existing operations, this acquisition is about more than simply continuing mining," Mr Lewis said. "It's about making responsible decisions for our people and the community through improved rehabilitation outcomes, regional development opportunities, and the potential for more diverse future land uses." "Securing land adjacent to our existing Rix's Creek Mine operations gives us the flexibility to better plan for future infrastructure, such as the proposed highway relocation to support our Rix's Creek North Continuation Project." Now, the handful of residents still living at Camberwell are rallying once again after the Bloomfield Group's acquisition of several strategic land and mining tenure assets from Yancoal last week. They include mining company-owned dwellings at Camberwell, as well as land and associated mining tenure for the previously proposed Ashton South East Open Cut project at Camberwell. Ashton Coal, a subsidiary of the Chinese-owned Yancoal, allowed the project's approval to lapse in October 2023. Central to its decision was the insurmountable opposition from former Camberwell resident Wendy Bowman. The NSW Court of Appeal ruled in 2015 that the mine could only proceed if Ms Bowman agreed to sell her land. Ms Bowman died in August 2023 aged 89. Bloomfield acquired her property for $9 million earlier this year. A Bloomfield spokesman said the company would assess opportunities for the mining assets it had just acquired from Yancoal to complement its existing operations. "Completion of the acquisition and any future development is subject to the usual regulatory process and approvals," he said. The spokesman said the company had no plans to change the existing arrangements for the properties it had acquired in Camberwell. Deidre Olofsson, a close friend of Ms Bowman, has lived in Camberwell for 39 years, She said he had "no doubt" the South East Open Cut project would be revived. "We are not stupid; they paid $9 million for Wendy's place and it is not worth anything near that," she said. Ms Olofsson, who has recently invested in upgrading her property, said she feared pressure would increase on the village's residents to get out. "Our village has been traded like something on the stock market. It's disgraceful," she said. "We have fought so hard to save this village and now it's all on again. They are destroying people's mental health and we have no recourse." Bloomfield's agreement with Yancoal also includes the area of the Donaldson open-cut and Abel underground mines, located east of Maitland and adjacent to The Bloomfield Group's Bloomfield Colliery. Under the agreement, The Bloomfield Group will assume responsibility for the rehabilitation of both the Donaldson and Abel mine sites. The agreement also includes land, dwellings, and associated mining tenure in the Upper Hunter, adjacent to The Bloomfield Group's Rix's Creek Mine. The arrangement involves the balanced exchange of particular assets and obligations and does not include a cash payment. Bloomfield Group chief executive Brett Lewis said the acquisition aligns with the company's strategy of investing to ensure stability for existing operations, while also creating business options and growth opportunities. "While we will assess opportunities for the acquired mining assets to complement our existing operations, this acquisition is about more than simply continuing mining," Mr Lewis said. "It's about making responsible decisions for our people and the community through improved rehabilitation outcomes, regional development opportunities, and the potential for more diverse future land uses." "Securing land adjacent to our existing Rix's Creek Mine operations gives us the flexibility to better plan for future infrastructure, such as the proposed highway relocation to support our Rix's Creek North Continuation Project."
The Advertiser
08-08-2025
- Business
- The Advertiser
Bloomfield's buying spree continues, as it buys land and mining tenure from Yancoal
Hunter-based Australian coal mining company, the Bloomfield Group's buying spree continues with the announcement that they have signed an agreement to acquire land and an associated mining tenure from Yancoal. This latest purchase follows their acquisition of the home of the late Wendy Bowman, 'Rosedale' at Camberwell, in February this year for $9 million and their purchase in July of the now closed Integra underground mine near Singleton from Glencore. A number of dwellings in the village Camberwell, near Singleton as well as land and an associated mining tenure for the previously proposed Ashton South East Open Cut project (for which the approval has lapsed), are included in the agreement. Comment has been sought from the Bloomfield Group on the latest purchases, in particular the mining tenure that covers 'Rosesdale', where Yancoal had planned to establish an open-cut mine adjacent to Glennies Creek. It was the Ashton South East Coal Project that brought Mrs Bowman to national and international prominence as an environmental campaigner. She campaigned for decades against the mining of agricultural land in the Hunter Valley establishing Mine Watch in 1991. But it was her decision to fight to protect 'Rosedale' and the nearby Glennies Creek from the proposed Ashton East Open Cut Coal Mine that brought her to national and international prominence as an environmental campaigner. She was involved in a landmark court decision in 2014 against Yancoal's Ashton South East open-cut mine proposal. The decision required the mine to buy her property, Rosedale, to proceed. She refused to sell her property to Yancoal, and which stalled the mine, and its mining licence would eventually lapse in April 2022. Mrs Bowman died in August 2023. Her close friend and fierce supporter and neighbour Deidre Olofsson described the latest news regarding Camberwell and the 'Rosedale' property as devastating. "It marks the end of the village and the harm it will do to Glennies Creek, a major tributary to the Hunter River and the source of water for the vineyards and irrigators below Singleton will be massive," she said. "It is just heartbreaking to see the proposal Wendy and all of us fought so hard to stop may be back again." In a statement to the community, Bloomfield Group said the acquisition aligns with our strategy of investing to deliver stability for our existing operations, while at the same time providing business options and growth opportunities for the future. Securing land adjacent to our existing Rix's Creek Mine operations gives us the flexibility to better plan for future infrastructure, such as the proposed highway relocation to support our Rix's Creek North Continuation Project, they said. The agreement with Yancoal also includes the area of the Donaldson open-cut and Abel underground mines, located east of Maitland and adjacent to The Bloomfield Group's Bloomfield Colliery. Under the agreement, The Bloomfield Group assumes responsibility for the rehabilitation of both the Donaldson and Abel mine sites. The acquisition aligns with our strategy of investing to deliver stability for our existing operations, while at the same time providing business options and growth opportunities for the future. We are also actively exploring future land uses and the necessary approval pathways across all of our Lower Hunter land holdings, including at our Bloomfield Colliery site, where opportunities for industrial precincts and housing aligned with regional planning strategies have been identified, they said. Acquisition of the land includes the current relevant mining tenure associated with each site, such as permits, leases, and licences. Completion of the acquisition is subject to the usual regulatory approvals required for a transaction of this kind. Comment has been sought from Yancoal on the sale of their assets to the Blooomfield Group. Hunter-based Australian coal mining company, the Bloomfield Group's buying spree continues with the announcement that they have signed an agreement to acquire land and an associated mining tenure from Yancoal. This latest purchase follows their acquisition of the home of the late Wendy Bowman, 'Rosedale' at Camberwell, in February this year for $9 million and their purchase in July of the now closed Integra underground mine near Singleton from Glencore. A number of dwellings in the village Camberwell, near Singleton as well as land and an associated mining tenure for the previously proposed Ashton South East Open Cut project (for which the approval has lapsed), are included in the agreement. Comment has been sought from the Bloomfield Group on the latest purchases, in particular the mining tenure that covers 'Rosesdale', where Yancoal had planned to establish an open-cut mine adjacent to Glennies Creek. It was the Ashton South East Coal Project that brought Mrs Bowman to national and international prominence as an environmental campaigner. She campaigned for decades against the mining of agricultural land in the Hunter Valley establishing Mine Watch in 1991. But it was her decision to fight to protect 'Rosedale' and the nearby Glennies Creek from the proposed Ashton East Open Cut Coal Mine that brought her to national and international prominence as an environmental campaigner. She was involved in a landmark court decision in 2014 against Yancoal's Ashton South East open-cut mine proposal. The decision required the mine to buy her property, Rosedale, to proceed. She refused to sell her property to Yancoal, and which stalled the mine, and its mining licence would eventually lapse in April 2022. Mrs Bowman died in August 2023. Her close friend and fierce supporter and neighbour Deidre Olofsson described the latest news regarding Camberwell and the 'Rosedale' property as devastating. "It marks the end of the village and the harm it will do to Glennies Creek, a major tributary to the Hunter River and the source of water for the vineyards and irrigators below Singleton will be massive," she said. "It is just heartbreaking to see the proposal Wendy and all of us fought so hard to stop may be back again." In a statement to the community, Bloomfield Group said the acquisition aligns with our strategy of investing to deliver stability for our existing operations, while at the same time providing business options and growth opportunities for the future. Securing land adjacent to our existing Rix's Creek Mine operations gives us the flexibility to better plan for future infrastructure, such as the proposed highway relocation to support our Rix's Creek North Continuation Project, they said. The agreement with Yancoal also includes the area of the Donaldson open-cut and Abel underground mines, located east of Maitland and adjacent to The Bloomfield Group's Bloomfield Colliery. Under the agreement, The Bloomfield Group assumes responsibility for the rehabilitation of both the Donaldson and Abel mine sites. The acquisition aligns with our strategy of investing to deliver stability for our existing operations, while at the same time providing business options and growth opportunities for the future. We are also actively exploring future land uses and the necessary approval pathways across all of our Lower Hunter land holdings, including at our Bloomfield Colliery site, where opportunities for industrial precincts and housing aligned with regional planning strategies have been identified, they said. Acquisition of the land includes the current relevant mining tenure associated with each site, such as permits, leases, and licences. Completion of the acquisition is subject to the usual regulatory approvals required for a transaction of this kind. Comment has been sought from Yancoal on the sale of their assets to the Blooomfield Group. Hunter-based Australian coal mining company, the Bloomfield Group's buying spree continues with the announcement that they have signed an agreement to acquire land and an associated mining tenure from Yancoal. This latest purchase follows their acquisition of the home of the late Wendy Bowman, 'Rosedale' at Camberwell, in February this year for $9 million and their purchase in July of the now closed Integra underground mine near Singleton from Glencore. A number of dwellings in the village Camberwell, near Singleton as well as land and an associated mining tenure for the previously proposed Ashton South East Open Cut project (for which the approval has lapsed), are included in the agreement. Comment has been sought from the Bloomfield Group on the latest purchases, in particular the mining tenure that covers 'Rosesdale', where Yancoal had planned to establish an open-cut mine adjacent to Glennies Creek. It was the Ashton South East Coal Project that brought Mrs Bowman to national and international prominence as an environmental campaigner. She campaigned for decades against the mining of agricultural land in the Hunter Valley establishing Mine Watch in 1991. But it was her decision to fight to protect 'Rosedale' and the nearby Glennies Creek from the proposed Ashton East Open Cut Coal Mine that brought her to national and international prominence as an environmental campaigner. She was involved in a landmark court decision in 2014 against Yancoal's Ashton South East open-cut mine proposal. The decision required the mine to buy her property, Rosedale, to proceed. She refused to sell her property to Yancoal, and which stalled the mine, and its mining licence would eventually lapse in April 2022. Mrs Bowman died in August 2023. Her close friend and fierce supporter and neighbour Deidre Olofsson described the latest news regarding Camberwell and the 'Rosedale' property as devastating. "It marks the end of the village and the harm it will do to Glennies Creek, a major tributary to the Hunter River and the source of water for the vineyards and irrigators below Singleton will be massive," she said. "It is just heartbreaking to see the proposal Wendy and all of us fought so hard to stop may be back again." In a statement to the community, Bloomfield Group said the acquisition aligns with our strategy of investing to deliver stability for our existing operations, while at the same time providing business options and growth opportunities for the future. Securing land adjacent to our existing Rix's Creek Mine operations gives us the flexibility to better plan for future infrastructure, such as the proposed highway relocation to support our Rix's Creek North Continuation Project, they said. The agreement with Yancoal also includes the area of the Donaldson open-cut and Abel underground mines, located east of Maitland and adjacent to The Bloomfield Group's Bloomfield Colliery. Under the agreement, The Bloomfield Group assumes responsibility for the rehabilitation of both the Donaldson and Abel mine sites. The acquisition aligns with our strategy of investing to deliver stability for our existing operations, while at the same time providing business options and growth opportunities for the future. We are also actively exploring future land uses and the necessary approval pathways across all of our Lower Hunter land holdings, including at our Bloomfield Colliery site, where opportunities for industrial precincts and housing aligned with regional planning strategies have been identified, they said. Acquisition of the land includes the current relevant mining tenure associated with each site, such as permits, leases, and licences. Completion of the acquisition is subject to the usual regulatory approvals required for a transaction of this kind. Comment has been sought from Yancoal on the sale of their assets to the Blooomfield Group. Hunter-based Australian coal mining company, the Bloomfield Group's buying spree continues with the announcement that they have signed an agreement to acquire land and an associated mining tenure from Yancoal. This latest purchase follows their acquisition of the home of the late Wendy Bowman, 'Rosedale' at Camberwell, in February this year for $9 million and their purchase in July of the now closed Integra underground mine near Singleton from Glencore. A number of dwellings in the village Camberwell, near Singleton as well as land and an associated mining tenure for the previously proposed Ashton South East Open Cut project (for which the approval has lapsed), are included in the agreement. Comment has been sought from the Bloomfield Group on the latest purchases, in particular the mining tenure that covers 'Rosesdale', where Yancoal had planned to establish an open-cut mine adjacent to Glennies Creek. It was the Ashton South East Coal Project that brought Mrs Bowman to national and international prominence as an environmental campaigner. She campaigned for decades against the mining of agricultural land in the Hunter Valley establishing Mine Watch in 1991. But it was her decision to fight to protect 'Rosedale' and the nearby Glennies Creek from the proposed Ashton East Open Cut Coal Mine that brought her to national and international prominence as an environmental campaigner. She was involved in a landmark court decision in 2014 against Yancoal's Ashton South East open-cut mine proposal. The decision required the mine to buy her property, Rosedale, to proceed. She refused to sell her property to Yancoal, and which stalled the mine, and its mining licence would eventually lapse in April 2022. Mrs Bowman died in August 2023. Her close friend and fierce supporter and neighbour Deidre Olofsson described the latest news regarding Camberwell and the 'Rosedale' property as devastating. "It marks the end of the village and the harm it will do to Glennies Creek, a major tributary to the Hunter River and the source of water for the vineyards and irrigators below Singleton will be massive," she said. "It is just heartbreaking to see the proposal Wendy and all of us fought so hard to stop may be back again." In a statement to the community, Bloomfield Group said the acquisition aligns with our strategy of investing to deliver stability for our existing operations, while at the same time providing business options and growth opportunities for the future. Securing land adjacent to our existing Rix's Creek Mine operations gives us the flexibility to better plan for future infrastructure, such as the proposed highway relocation to support our Rix's Creek North Continuation Project, they said. The agreement with Yancoal also includes the area of the Donaldson open-cut and Abel underground mines, located east of Maitland and adjacent to The Bloomfield Group's Bloomfield Colliery. Under the agreement, The Bloomfield Group assumes responsibility for the rehabilitation of both the Donaldson and Abel mine sites. The acquisition aligns with our strategy of investing to deliver stability for our existing operations, while at the same time providing business options and growth opportunities for the future. We are also actively exploring future land uses and the necessary approval pathways across all of our Lower Hunter land holdings, including at our Bloomfield Colliery site, where opportunities for industrial precincts and housing aligned with regional planning strategies have been identified, they said. Acquisition of the land includes the current relevant mining tenure associated with each site, such as permits, leases, and licences. Completion of the acquisition is subject to the usual regulatory approvals required for a transaction of this kind. Comment has been sought from Yancoal on the sale of their assets to the Blooomfield Group.
