Kevin's Corner Thermal Coal Mine in Queensland Receives Environmental Approval

PERTH, AUSTRALIA--December 3, 2013--Researched by Industrial Info Resources Australia (Perth, Australia)--GVK Resources Pty Limited (Secunderabad, India), through subsidiary Hancock Galilee Pty Limited (HGPL) (Brisbane, Queensland), has received environmental approval for the development of its Kevin's Corner Coal Mine and Processing Plant in Queensland, Australia. It is expected to begin construction in mid-2015, with the first coal production in 2018, subject to capital approval. The project is located approximately 34.8 miles (56 kilometres) north of Alpha, Queensland. It has a total investment value of approximately $3.83 billion (AUD$4.2 billion).