Wollongong Coal Limited
(ASX:WLC) says it will recommence mining at the Wongawili Colliery early next year.
Preliminary planning and discussions are getting underway following approval from the NSW Planning and Assessment Commission for a 5 year extension to the licence.
The mine has been on care and maintenance since 2014 and it is expected the new operation will create around 110 jobs for the region and generate $19 million in royalties to the NSW government.
Delta SBD has been appointed to manage the recommencement of operations as well as day to day operations.
Wollongong Coal made a net loss of $70.77 million for the half year to end September 2015.
