Coal Resources and Reserves Information

This information is based on the Statement of Open Cut
Coal Resources and Reserves as at 31 December 2012 prepared by RungePincockMinarco. The report was prepared in compliance with the requirements of the Australasian Code for Reporting of Exploration Results, Mineral resources and Ore Reserves – 2012 Edition (The JORC Code) prepared by the Joint Ore Reserve Committee of the Australasian Institute Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia.

Coal Resources
Coal resources as at 31 December 2013 below were calculated by deducting total coal production in 2013 from the Measured coal resources stated in the JORC report as at 31 December 2012.

Coal Reserves

Coal Reserves have been classified based in the level of detail completed in mine planning and the level of confidence in the coal resources. Coal reserves as at 31 December 2013 were calculated by deducting total coal production in 2013 from Proved coal reserves in the JORC report as at 31 December 2012.