Our existing operations are bolstered by a portfolio of development projects across the resource-rich Bowen Basin, as well as select non-core targets in the Surat Basin.

Wards Well

The Wards Well underground development project is located in Queensland’s Bowen Basin, with a total 1,313Mt JORC resources. The coal resources at Wards Well are part of the Moranbah Coal Measures. Future exploration drilling and 3D seismic is required and will be planned in line with the project development strategy.

Belview

The Belview project is a potential large-scale, metallurgical coal project located in the heart of Queensland’s Bowen Basin, 10 kilometres south-west of Blackwater. It currently hosts a 330Mt JORC Resource (50Mt Indicated and 280Mt Inferred), suitable for underground mining.

Lilyvale

The Lilyvale project is located 25 kilometres north-east of Emerald in Queensland’s Bowen Basin. Stanmore Resources holds an 85% interest in the project, while the remaining 15% is held by Bowen Coking Coal. The project hosts the German Creek seam from 336 metres in depth with a typical thickness across the project area of 2.2-2.5 metres. Geologically, the project and surrounding areas are well understood and not expected to be geologically complex. It has a defined JORC Resource of 33Mt (Inferred).

The Range

The Range project is located in the Surat Basin where exploration activity up to 2012 has identified a total JORC Resource of 286Mt (187Mt Indicated, 81Mt Inferred and 18Mt Measured). A definitive feasibility study covering geology, mining and cost structures confirmed The Range as a high-quality, export-grade, thermal coal project. The study continues to be reviewed to examine if the application of the latest mining techniques can reduce forecast operating costs.

Mackenzie

The Mackenzie project is located in Queensland’s Bowen Basin and is well positioned for export markets as it lies on the existing Blackwater railway line to Gladstone. Stanmore Resources holds a 95% interest in the project, while the remaining 5% is held by Bowen Coking Coal. It currently hosts a 143Mt JORC Resource (26Mt Indicated and 117Mt Inferred).

Clifford

The Clifford project covers approximately 820 square kilometres in Queensland’s highly prospective Surat Basin, near Stanmore’s The Range project. The project — which is a joint exploration initiative with Japanese Oil, Gas and Metals National Corporation (JOGMEC) — is targeting thermal coal deposits at depths amendable to open-cut mining, with JORC Resource defined to date totalling 630Mt (200Mt Indicated and 430Mt Inferred).

Isaac Downs Extension

Isaac Downs Extension is an undeveloped open-cut project situated immediately south of the Isaac Downs mine, across the Isaac River. Isaac Downs Extension has a JORC Reserve of 52Mt ROM Coal, inclusive of 34Mt Marketable Coal Reserves, offering +20-year mine life extension for the Isaac Plains Complex. The project is expected to operate at ~4 million tonnes per annum ROM at a prime ROM strip ratio of ~7.9:1 bcm/t, and will be able to utilise existing infrastructure of the Isaac Plains Complex, resulting in a low project capital requirement.

Eagle Downs

Eagle Downs is a high-quality, low-volatile hard coking coal development project located approximately 20km from Moranbah. Positioned directly south of Stanmore’s Isaac Downs Extension Project Exploration Permit (EPC755) and near existing operations in the Bowen Basin, the project is fully permitted with a Mining Lease, Petroleum Lease and key Environmental Approvals. With two underground access drifts already ~40% complete, the site is ready for immediate construction. The well-defined resource base is substantial, with previous exploration yielding a resource of 1,140Mt and reserves of 292Mt.

Lancewood Complex

The Lancewood Complex is a development project located in Queensland’s Bowen Basin, with total resources of 735Mt in the Moranbah Coal Measures. Future exploration drilling and 3D seismic work are planned to align with the project’s development strategy and will further define the resource base.

Marcelo Matos

Chief Executive Officer and Director
Joined August 2020

Mr Matos has over 25 years of experience in the mining sector in a number of operations, projects, business development, marketing and sales, strategy and planning roles in Australia,  China, Singapore, Brazil and spent many years involved with large developments in Mozambique.

Having started with Stanmore Resources initially as a Non-Executive Director in late 2019, he took the helm as CEO in August 2020 and led the latest acquisition of the SMC assets and the transformation of Stanmore into a large metallurgical coal producer. Prior to that and amongst other roles, Mr Matos worked for Vale for close to 20 years in various senior roles, starting in iron ore and moving into coal as its Chief Marketing and Strategy Officer as well as their Managing Director in Australia.  He is also a Board Director of the Queensland Resources Council.

Mr Matos holds a Bachelor of Business Administration degree from the Pontifical Catholic University of Rio de Janeiro (Brazil) and an Executive MBA from IBMEC Business School.

Jimmy Lim

Non-Executive Director
Joined October 2019

Mr Jimmy Lim has 20 years of experience in finance and investment management in the metals and mining sector, with extensive industry relationships in Australia and globally. Mr Lim started his career in Perth with Ernst & Young in Tax, serving natural resources and infrastructure companies of all sizes before moving into Corporate Finance with Ernst & Young and then KPMG where he continued advising clients in the natural resources sector. From there, Mr Lim then went on to work for JP Morgan in Melbourne where he worked on assignments advising and financing some of the largest companies in the world before moving to Hong Kong with Morgan Stanley and Goldman Sachs, where he was responsible for coverage of Metals and Mining in Asia excluding China.

Mr Lim is a Fellow of Financial Services Institute of Australasia (FINSIA) and holds an MBA and degrees in Engineering and Science from the University of Western Australia.

Dwi Suseno

Chair and Non-Executive Director
Appointed May 2020

Mr Dwi Suseno is the Executive Director and Group CEO of Golden Energy and Resources Pte. Ltd. (GEAR, formerly Golden Energy and Resources Limited), an international mining and resources company. Mr Suseno is responsible for managing operations for GEAR, including mining, logistics and coal marketing, as well as leading the strategic initiatives and expansions.

Mr Suseno began his career in Australia, where he was raised and educated, and he has over 26 years of experience in management, commercial and finance in mining resources as well as oil and gas related industries in both Australia and internationally. Mr Suseno was previously an Executive Director and Chief Financial Officer of Straits Corporation Group, which was then part of the SGX-listed coal mining company Straits Asia Resources Limited. Mr Suseno has previously worked with Baker Hughes Inc. (Fortune 500 NYSE listed oilfield services company), Arthur Andersen Australia and Ernst & Young LLP.

Mr Suseno is a Certified Public Accountant in both Australia and Singapore, graduated with a Bachelor of Commerce Degree from the University of Western Australia, Graduate Diploma in Tax from the University of Melbourne’s Law Masters program, as well as a Postgraduate Diploma in Business from Curtin University. He also holds an executive MBA from the Kellogg School of Management, and  Hong Kong University of Science and Technology.