Bathurst Resources Limited
BTURF
Other OTC0.44
USD
- -
- -
ISIN
NZBRLE0001S4
Return %
Stock
S&P500
1Y
-8.44
26.53
3Y
-32.60
76.60
5Y
66.15
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Richard Tacon
- Full Time Employees
- 710
- Sector
- Energy
- Industry
- Coal
- Address
- 1 Willeston Street Wellington New Zealand 6011
- IPO Date
- Mar 21, 2013
- Website
- bathurst.co.nz
- Similar Companies
- Business
- Bathurst Resources Limited is a New Zealand-based specialist coal company engaged in the exploration, development and production of bituminous and coking coal for domestic and export markets. The company produces high-quality thermal and metallurgical coal from operating mines including Stockton (north of Westport, 65% owned via BT Mining joint venture), Takitimu (north of Invercargill, 100% owned), Maramarua and Rotowaro (Waikato region of the North Island, 65% owned via BT Mining); it supplies thermal-grade coal to New Zealand's agri-business sector, schools, hospitals, energy generation, food manufacturing and a local steel mill, while exporting premium metallurgical coal primarily to steel producers in Japan, South Korea, India and China. Founded in 2010 and headquartered in Wellington, New Zealand, with additional offices in Christchurch, Bathurst operates nationwide across the North and South Islands and holds exploration permits over 15,000 hectares in the Buller coalfield and other South Island areas; it also maintains development projects in British Columbia, Canada, including the 100%-owned Tenas export coking coal project (acquired December 2023, advancing through environmental assessment with first production targeted for FY27 and a 25-year mine life) and a 22.2% equity stake in the Crown Mountain joint-venture project, alongside non-operating sites such as Escarpment (under care and maintenance), Cascade (under rehabilitation) and former Canterbury mine. Recent developments include a A$34.4 million institutional placement in March 2025 to fund advancement of the Buller and Tenas metallurgical coal projects, with 75% from new South East Asian strategic investors resulting in pro forma cash reserves of A$36.3 million plus NZ$125 million backing from its BT Mining stake; updated coal resources and reserves announcements in 2025 for North and South Buller regions; a prefeasibility study and reserve confirmation for the Buller Project Coal Project in early 2025; release of its 2025 Annual Report; and confirmation of group production targets totaling 33.9 million tonnes of product coal to FY40, with approximately 90% for steelmaking. Bathurst is listed on the Australian Securities Exchange (ASX: BRL; OTC: BTURF) and employs over 580 people, contributing $313 million annually to the New Zealand economy through sustainable mining practices focused on health, safety and community values. Subsidiaries include BR Coal Pty Limited, Bathurst New Zealand Limited, Buller Coal Limited and Bathurst Coal Limited.
Bathurst Resources Limited (BTURF) Q3 2026 Earnings Call Prepared Remarks Transcript