November 2014 - CHDC, Central Highlands … does not accept liability for any errors, losses or damage that arise from the use of this document. All persons using or relying upon this

November 2014

Central Highlands Overview

Disclaimer: Central Highlands Development Corporation (CHDC) has prepared the information in this Development Register as a general reference only. CHDC has made every effort to ensure that the details in in this document are correct and cannot be held liable for any inaccuracy or misrepresentation, whether by inclusion, omission, change or withdrawal of services without notice. CHDC does not accept liability for any errors, losses or damage that arise from the use of this document.All persons using or relying upon this document do so at their own risk and undertake sole responsibility for assessing the relevance and accuracy of that content and should not act or refrain from acting solely on the basis of this document. In this document, references to other sources and resources are made available solely for convenience and may not remain current or be maintained and are not an endorsement. CHDC is not responsible for the content, materials or privacy practices associated with noted sources and resources. If you become aware of any problems with this document, you must inform CHDC immediately.

•• The quarterly Central Highlands Development Register provides a snap shot of key developments inthis region and surrounding areas.

• The Register is produced by the Central Highlands Development Corporation (CHDC) as part of itscommitment to supporting and promoting sustainable regional economic development and investmentattraction.

• The projects featured in the Register are either recently completed, underway or planned for the nearfuture. Each listing includes the project’s status, scope, costs, location and completion date, wherepossible.

• The Central Highlands regional economy contributed $4.15 billion to the Gross State Product of$294.59 billion in 2012/13.

• The mining sector accounted for close to 70 percent of this figure but residential construction is also amajor contributor, followed by local agricultural and horticultural industries.

• The Central Highlands local government area spans more than 60,000 square kilometres in CentralQueensland.

• It includes the major townships of Arcadia Valley, Bauhinia, Blackwater, Bluff, Capella, Comet, Dingo,Duaringa, Emerald, Rolleston, Sapphire Gemfields, Springsure and Tieri.

• A portion of Australia’s largest coal reserve, the Bowen Basin, sits in the region and it is alsoneighbour to the Galilee Basin, described as Australia’s new mining province.

Category Not Started In Progress Completed TOTAL

Community Infrastructure 12,335,000$ 9,390,000$ $ 400,000 $ 22,125,000

Retail Construction -$ -$ $ - $ -

Manufacturing Construction -$ -$ $ - $ -

Residential Construction -$ 37,950,000$ $ - $ 37,950,000

Non Residential Construction -$ -$ $ - $ -

Rail -$ 1,067,000,000$ $ 8,000,000 $ 1,075,000,000

Roads 14,754,600$ 11,003,000$ $ 3,100,000 $ 28,857,600

Flood Restoration & Mitigation 11,570,000$ 48,732,694$ $ 625,000,000 $ 685,302,694

Tourism -$ -$ $ 500,000 $ 500,000

Mining 7,472,000,000$ 284,000,000$ $ - $ 7,756,000,000

Energy 548,000,000$ -$ $ - $ 548,000,000

Water and Sewerage -$ 25,212,750$ $ 155,000 $ 25,367,750

Land 3,526,250$ 3,500,000$ $ - $ 7,026,250

CH Subtotal 8,062,185,850$ 1,486,788,444$ 637,155,000$ 10,186,129,294$

Rail (Projects located outside the CH

Region of Significance)4,200,000,000$ -$ -$ $ 4,200,000,000

Mining (outside region-Galilee Basin) 53,464,000,000$ 2,150,000,000$ 400,000,000$ $ 56,014,000,000

Energy (partial investment in region ) -$ 18,000,000,000$ 2,250,000,000$ $ 20,250,000,000

Outside CH Subtotal $ 57,664,000,000 $ 20,150,000,000 $ 2,650,000,000 $ 80,464,000,000

Grand Total $ 65,726,185,850 $ 21,636,788,444 $ 3,287,155,000 $ 90,650,129,294

November 2014 ReleaseDEVELOPMENT BY CATEGORY ($M)

PROJECT NAME CATEGORYLOCATION

(closest town)DETAILS PROPONENT

ESTIMATED

COSTTIMING EMPLOYMENT PROJECT STATUS

Blackwater Aquatic Centre Community Infrastructure Blackwater Heated and fully enclosed 25m LTS pool 7 splash pad. CHRC, BMA, Fed Govt $ 7,100,000 2012 - 2014 NA Project on hold.

New Blackwater Aquatic Centre Community Infrastructure Blackwater Concept and development phases for new

facility at Hunter st Sports Complex. CHRC, BMA $ 1,000,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

Childcare Centre Community Infrastructure Emerald Development of new childcare centre. Devcon Property Group $ - 2015 NA CHRC Approval - 25 June 2014.

Emerald Airport Community Infrastructure Emerald Replace primary cables in conduit for entire airfield lighting second stage. CHRC $ 700,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

Emerald Airport Carpark Community Infrastructure Emerald Carpark 3 Design and Extend. CHRC $ 1,000,000 2014 - 2016 NA 2014 - 2015 Capital Projects Budget.

Emerald Saleyards Community Infrastructure Emerald Bitumen sealing of truck area. CHRC $ 50,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

Emerald Showgrounds Community Infrastructure Emerald Toilet block replacement. CHRC $ 260,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

GA Apron Community Infrastructure Emerald Extension to apron to provide for GA taxi way. CHRC $ 1,000,000 2014 NA On hold, pending outcome/recommendation from Airport Master Plan.

McIndoe Park Master Plan Community Infrastructure Emerald Upgrades to lighting, car park and fields. CHRC $ 200,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

Motor Sport and Driving Complex Community Infrastructure Emerald Completion works. CHRC $ 100,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

Retirement Village Community Infrastructure Emerald Proposal for retirement village in Borilla Street. Approval for 20 units. Pitman Properties $ - 2015 NA Currently in the planning stages and seeking

feedback from the community.

Sunrise Rotary Park Community Infrastructure Emerald Track maintenance. CHRC $ 100,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

Terminal Extension Community Infrastructure Emerald Design of terminal extension. CHRC $ 300,000 2014 NA Project on hold, pending adoption of Airport Masterplan.

Toilet Ablution Upgrade Community Infrastructure Emerald Mackenzie Park upgrade to toilet. CHRC $ 175,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

Springsure Aquatic Centre Community Infrastructure Springsure Replace concourse. CHRC $ 250,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

Springsure Showgrounds Community Infrastructure Springsure New clubhouse, preliminary planning. CHRC $ 100,000 2014 - 2015 NA 2014 - 2015 Capital Projects Budget.

GP Super Clinic Community Infrastructure Emerald Construct a new GP Super Clinic. Fed Govt, CHRC $ 5,000,000 2015 NA Construction to begin December 2014. Completion is estimated to be 30 June 2015.

Marist College Community Infrastructure EmeraldConstruction of an Art block; 4 new classrooms including hospitality classroom and outdoor eating area; classroom renovations.

Catholic Education Diocese of Rockhampton

$ 2,800,000 2015 NA Construction is underway.

Emerald Christian College Community Infrastructure EmeraldExtensions to existing school buildings. Development of new kindergarten/long day care centre.

Emerald Christian College $ 1,400,000 2015 NA

Construction complete on kindergarten and this facility is accepting enrolments. Further extension/development ongoing.

Rolleston Airport Community Infrastructure Rolleston Construction of loading bay. CHRC $ 90,000 2014 NA Work underway.

Blackwater Aquatic Centre Community Infrastructure Blackwater Refurbish the 50m pool. CHRC $ 100,000 2012 - 2014 NAExisting pool facility unable to be upgraded due to extraordinary circumstances. Possible new complex on greenfield site. Project review underway.

NOT STARTED

COMMUNITY INFRASTRUCTURE

IN PROGRESS

Central Highlands Development Register

November 2014



ESTIMATED



Blackwater Pool Community Infrastructure Blackwater Long-term decommissioning of 25m pool and wading pool. CHRC $ 400,000 2014 - 2015 NA

2014 - 2015 Capital Projects Budget. Practical completion achieved 14/11/2014. Project successfully delivered ahead of schedule and under budget.

$ 22,125,000

Codenwarra Road - development Retail Emerald

Stage 1: 60 accommodation units and Managers residence. Stage 2: a restaurant (indoor and outdoor seating). Stage 3: 80 units (2 bedroom).

Universal Accommodation Centres Pty Ltd

$ - 2015 NA Project on hold.

Pilot Farm Road - development Retail Emerald

8000sqm block on Pilot Farm Road, with plans to build a youth centre and haberdashery franchise.

Pitman Properties $ - NA NA CHRC - Material Change of Use approval 25/09/2014.

Masters Home Improvement Centre Retail Emerald

Construction of home improvement store - offering an array of appliances, lighting dept, mother's room, cafe, garden centre, home hardware, kitchens and a trade division - on the corner of Capricorn Hwy and Chalcedony Rd.

Woolworths Limited $ - 2015 NA Groundwork has commenced.

$ -

Storage, Distribution and Blending Facility Manufacturing Dingo

The facility is designed to store, distribute and blend ammonium nitrate emulsion. Proposal includes 80 worker accommodation village.

Orica $ - NA NA CHRC Approval - April 2013. The construction process is expected to take up to two years.

Concrete Batching Plant Manufacturing Emerald Additional facilities to complement the existing plant.

Pratt Property Group Pty Ltd (as Trustee) $ - 2014 - 2015 NA CHRC Approval - 9 April 2014.

$ -

Peak Downs Street Residential Capella

Establishment of 94 houses on blocks from 261sqm to 445sqm with 3 bedroom lowset and two-storey homes. Common area includes pool and bbq.

SCN Pty Ltd $ - 2015 NACHRC Approval - 26 February 2014. Amended change approved 9 July 2014. Development yet to commence.

22-24 Jade Street and 26 Amber Street - Unit development

Residential Emerald Development of 10 x 2 bedroom units. Portfolio Property Investments $ - 2014 - 2015 NA CHRC Approval - 11 December 2013.

Highfields Estate (Pilot Farm Road) Residential Emerald Proposed development of 1000 lot residential

subdivision. Citicorp $ - Subject to demand NA

Development approval received. Groundwork of Stage 1 expected to begin 2014 subject to demand. Development of 10 stages.

IN PROGRESS

Sub-total Manufacturing Construction:

RESIDENTIAL CONSTRUCTION (major projects)

NOT STARTED

IN PROGRESS

RETAIL CONSTRUCTIONNOT STARTED

COMPLETED

NOT STARTED

MANUFACTURING CONSTRUCTION

Sub-total Community Infrastructure Investment:

Sub-total Retail Investment:


November 2014



ESTIMATED


COMMUNITY INFRASTRUCTUREHighland Park Estate (Codenwarra Road) Residential Emerald

15.62ha site, adjoining a major sub-regional shopping centre. Development includes motel, tavern, 184 allotments, 140 townhouses and a central one-acre park.

Citimark Properties $ - 2014 - 2015 NA CHRC Approval - 14 May 2014.

Lot 40, North Road Tieri Residential Tieri Proposed development of 27 x 4 units. Mistweft Pty Ltd $ - Application Approved NA Accommodation units (ensuited) Stages 3 and 4

Combined.

Blue Ridge Residential Blackwater160 lot development. 10 stages with lots ranging from 250-640m2. House and land packages available.

ULDA $ - 2013 - 2015 NA Houses constructed and up for sale.

O'Brien street Residential Capella Multiple Dwellings, 9 - 11 O'Brien street. 7 x 3 bedroom units. TBA $ - Subject to

demand NA Approved by CHRC January 2014.

City Central Emerald (Loch / Opal Street) Residential Emerald City Central is an estate of 55 allotments. Blocks

range from 604 to 1121m2. Rivergum Homes $ - Completion 2014 NA Construction is underway.

Cypress Drive Residential Emerald New project to establish multiple dwellings - 17, two bedroom units. Metley Pty Ltd $ - 2014 NA Project under construction.

Dundas Street Residential Emerald Multiple Dwellings development, 13 Dundas street, Emerald. TBA $ - CHRC

Approval NA

Approved by CHRC January 2014. Multiple Dwelling. 10 x 2 bedroom units. Landscaping and associated site preparation will need to be conducted.

Echidna Valley Residential EmeraldNew residential subdivision. 100 lot residential project (1-7acre lots), off Pilot Farm Road. Stage 1 (25 lots) completed November 2011.

TMD Trading - Developer: Regional Property Development Corp. Pty Ltd

$ - 2013 - 2015 NAUnder construction. Stage 2A (11 lots) is complete. Stage two to commence in 2015 (subject to demand).

Maranda Heights Residential Emerald New Residential Estate of Pilot Farm Road. Portfolio Projects Pty Ltd $ - 2015 NA

Stages 1, 2 and 7 have sold and settled with construction underway. Stages 3, 4, 5 and 6 Have settled with building underway. Stages 11 and 12 (67 lots) currently for sale with expected completion date of early-mid 2015.

Mayfair Ridge Residential Emerald The estate of over 500 residential allotments for dwellings. $ - 2014 - 2015 NA

Stage 1 - 7 and 10 sold. Stage 8 and 11 now selling and construction underway. Stage 9 and 12 not yet released.

Villas on Rivergum Residential Emerald 115 unit development on Rivergum Drive, Riverview Estate.

GBK Developers/ Devcon Building Co $ 37,950,000 2014 - 2015 NA 5 stage development. Stage 1 sold out. Stage 2

released. Construction underway.

$ 37,950,000

Duckworth Village, Capricorn Highway Non Resident Workforce Bluff

Accommodation village that will complement existing Bluff Village. 504 Units (96 temporary for construction).

Minumbra $ - 2015 NA Renegotiating development with CHRC.

Sullivan Street motel Non Resident Workforce Emerald 102 accommodation units with restaurant and managers residence. Devcon Property Group $ - 2015 NA CHRC approval.

$ -

Sub-total Residential Major Projects Investment:

IN PROGRESS

NON-RESIDENTIAL CONSTRUCTION (major projects)

Sub-total non-residential Major Projects Investment:


November 2014



ESTIMATED



Triumph Creek Loadout Facility Rail Rolleston

The rail loadout facility willconnect to the Bauhinia Line, through the Blackwater - Gladstone rail corridorto Wiggins Island Coal Export Terminal (WICET) utilising infrastructure already in place and minimising the required capital expenditure for the project.

Bandanna Energy $ - 2015 NA Project development on hold.

Bauhinia Electrification Rail Rolleston

The electrification of the existing 107km Rolleston line to support Xstrata's Rolleston mine by harnessing the operational and cost benefits of electric trains.

Aurizon $ 200,000,000 December 2014 100 (peak con)

Construction on schedule. Construction completion and power connection - end 2014. Project completion and final commissioning - end 2014.

Wiggins Island Rail Project Rail Dingo, Bluff and Blackwater

Duplication of 24km track between Dingo-Bluff on the Blackwater system. Includes 3 new rail bridges beside existing structures. Bauhinia North Upgrade includes 2km passing rail loop, 2km rail easement and upgrading 16km access roads.

Aurizon $ 867,000,000 Completion mid 2015 180 (con)

Construction of the infrastructure projects in WIRP Stage One is continuing. Project completion expected at end 2015. WIRP construction works are progressing on time, with some portions nearing completion. First phase to open Q1 2015.

Rolleston Flood Protection Rail RollestonImprovements to ensure increased reliability and safe access to the Rolleston line for maintenance.

Aurizon $ 8,000,000 2014 10 (approx.) Project completed.

$ 1,075,000,000

Central Queensland Integrated Rail Rail Alpha

Integrated, heavy-haul rail system that will run from the Galilee Basin before linking with existing lines taking coal to the Port of Abbot Point near Bowen, or the Hay Point or Dalrymple Bay ports near Mackay.

Aurizon Holdings Limited $ 2,000,000,000

Expected completion

2017

2500 (con) 800 (op) Approx.

Project assessment to continue through the Galilee Basin State Development Area process - 19 September 2014.

North Galilee Basin Rail Project Rail Alpha to Abbot

Point

310km standard gauge, greenfield rail line in CQ, connecting the northern Galilee Basin to the Port of Abbot Point.

Adani Mining Pty Ltd $ 2,200,000,000 Approx. 2000 (con) 369 (op)

EIS received Commonwealth Minister for Environment's approval on 23 September 2014 - subject to conditions.

$ 4,200,000,000

Bluff Jellinbah Road Roads Blackwater Reseal of Road. CHRC $ 72,000 2014 - 2015 NA CHRC Capital Budget Works Budget.Range Baranga Road Roads CHRC area Pave and seal. CHRC $ 545,000 2014 - 2015 NA To commence in February 2015.Comet River Road Roads Comet Pave and seal. CHRC $ 774,000 2014 - 2015 NA To commence in February 2015.

New Street Emerald Roads Emerald Flood mitigation works. CHRC $ 1,000,000 2013 - 2014 NA Not yet commenced. Currently on hold pending finalisation of the GEO technical report.

Clermont/Rubyvale road Roads Rubyvale Reseal of Road. CHRC $ 255,000 2014 - 2015 NA CHRC Capital Budget Works Budget.

Glendon Road Roads Sapphire Gemfields Reseal of Road. CHRC $ 93,600 2014 - 2015 NA CHRC Capital Budget Works Budget.

NOT STARTED

RAIL

RAIL (Projects located outside the Central Highlands Region of Significance)

Sub-total Rail Investment:

NOT STARTED

COMPLETED

Sub-total Rail Investment outside region:

RoadNOT STARTED


November 2014



ESTIMATED


COMMUNITY INFRASTRUCTUREAquarius Street Roads Tieri Replace K and C to get water to flow correctly. CHRC $ 75,000 2014 NA Work will commence March 2015.

Arcadia Valley Road Upgrade Roads Tieri Road Works - Arcadia Valley. Santos $ 11,800,000 2014 - 2015 NA

Community investment component ($3m) from SANTOS is complete. Currently working on $1m of TIDS funding 50% Council and 50% State funded) and $8m Royalties for Regions Funding. Expected completion September 2015.

Mt Stuart Road Roads Tieri Reseal of Road. CHRC $ 140,000 2014 - 2015 NA CHRC Capital Budget Works Budget.

Capricorn Highway (Duaringa - Emerald) Roads Duaringa Relocate hazardous objects close to roads. DTMR $ 318,000 2014 - 2015

NAIn progress.

Capricorn Highway (Duaringa - Emerald) Roads Duaringa Rehabilitate and overlay. DTMR $ 2,553,000 2014 - 2015

NAIn progress.

Capricorn Highway (Rockhampton-Duaringa) Roads Duaringa Undertake miscellaneous works. DTMR $ 520,000 2014 - 2015 NA In progress.

Dawson Highway (Rolleston - Springsure) Roads Rehabilitate and overlay. DTMR $ 3,578,000 2014 - 2015

NAIn progress.

Lilyvale Road Roads Capella Rehabilitation road. CHRC $ 600,000 2014 - 2015 NA Expected Completion June 2015.

Rifle Range Road Roads Emerald Rifle Range Road - Riverview to Pilot Farm Road. CHRC $ 2,700,000 2014 - 2015

NACommenced and completion by April 2015.

Selma Road Roads Install/replace signs. DTMR $ 34,000 2014 - 2015NA

In progress.

Yan Yan Road Stage 2 Roads Capella Widen and overlay of Road. CHRC $ 700,000 2014 - 2015 NA Expected Completion December 2014.

Crinum road Stage 2 Roads Tieri Rehab and Overlay of Road. CHRC $ 900,000 2014 - 2015 NA Completed.

Policemans Creek Crossing Roads Capella Rubyvale

Increase the length and height of the floodway across the creek to reduce height of inundation and prevent potential flooding of upstream properties.

CHRC $ 2,200,000 2013 - 2014 NA Completed.

$ 28,857,600

Emerald Food Mitigation Flood Mitigation Emerald Flood Protection System. CHRC $ 11,500,000 2014 - 2015 NA CHRC Capital Works Budget 2014 - 2015.

SES Facilities Flood Mitigation CHRC area Replacement Vehicle. CHRC $ 70,000 2014 - 2015 NA CHRC Capital Works Budget 2014 - 2015.

Flood Mitigation Works Flood Mitigation Emerald Other flood mitigation work. CHRC $ 3,750,000 2013 - 2015 NA

CHRC have conducted community consultation sessions and have developed an Action Plan involving 3 key strategies and are seeking support from other levels of government. Commenced GEO technical analysis. Undertaking clearing and thinning of vegetation in Nogoa river.

NOT STARTED

FLOOD RESTORATION/MITIGATION

IN PROGRESS

Sub-total Roads Investment:

IN PROGRESS

COMPLETED


November 2014



ESTIMATED



Betterment Fund Floodway Upgrades Flood Mitigation CHRC area

Council will replace damaged gravel roadways with stronger concrete structures and stabilised gravel approaches to prevent repeated washouts.

CHRC - QLD Government Betterment Funding

$ 832,694 2013 - 2015 NA Works in progress flood ways constructed on Wyuna and Malvern Roads.

Flood Warning System Flood Mitigation Emerald Install ALERT gauges. CHRC $ 150,000 2013 - 2015 NA Work commenced October 2013 and is continuing.

Flood works Flood Blackwater, Duaringa Flood restoration work. CHRC $ 17,000,000 2011 - 2015 NA 2012 event completed. 2013 flood event restoration

underway until June 2015.

Flood works Flood Capella, Tieri Flood restoration work. CHRC $ 3,000,000 2011 - 2015 NA 2012 event completed. 2013 flood event restoration underway until June 2015.

Flood works Flood Emerald, Gemfields Road Damage Restoration. CHRC $ 7,000,000 2011 - 2015 NA 2012 event completed. 2013 flood event restoration


Flood works Flood Springsure, Rolleston Flood restoration work. CHRC $ 17,000,000 2011 - 2015 NA 2012 event completed. 2013 flood event restoration


Nogoa River Rail Bridge Capacity Improvement and Upstream Flood Mitigation

Flood Mitigation Emerald

Installation of additional culverts, the excavation of a larger opening under the rail bridge to improve the flow of water underneath, and the construction of upstream works to protect against flood waters.

CHRC $1.25m / State Government $5m $ 625,000,000 2013 - 2014

QRail will manage their component of

works and sub-contracting for

same.

Completed.

$ 685,302,694

TOURISMNOT STARTED

Discovery Holiday Park Tourism Emerald Extension to existing Fairbairn Dam caravan park. Discovery Holiday Park $ - NA Approval by CHRC.

Gindie Homestay Tourism Gindie Building of 5 homestay cottages at Gindie. Private $ - 2014 NA Approval by CHRC.

COMPLETED

Takarakka Bush Resort Tourism Rolleston Additional self-contained cabins; Night Sky observatory.

Takaru National Property Trust Ltd $ 500,000 2014 NA Extension/upgrade complete.

$ 500,000

MININGNOT STARTED

Belview Project Mining Blackwater

Underground - single longwall. 3.5Mtpa ROM 80% coking. 20% PCI/high energy thermal. JORC Inferred Resource estimate of 342 million tonnes.

Stanmore Coal $ 869,000,000 2017 300 (con) 250 (op)

Q3 2014: start pre-FS. MLA lodged September 2013. A bankable study is expected to be completed early 2016. Construction is expected to commence second half 2016 with first coal in 2018.

Curragh South Mining Blackwater

New project. MDL 162 is located between and adjacent to the Wesfarmers Resources’ Curragh and Curragh North mining leases and contains 67mt of Coal Reserves.

Wesfarmers Curragh $ - Under assessment 400 (op) e Acquired by Wesfarmers Curragh (from Peabody

Energy) on 20/01/2014.

Curragh (Curragh West) Mining Blackwater Expansion. Open cut. New capacity up to 0.3Mt coking. Wesfarmers Pty Ltd $ - 2015 70 (con) e 100 (op)

e FS underway (on hold).

Sub-total Flood Restoration Investment:

COMPLETED

Sub-total Tourism Investment:


November 2014



ESTIMATED


COMMUNITY INFRASTRUCTUREJellinbah East (Mackenzie North) Mining Blackwater

Extension of mining operations at an unchanged production rate. Currently produces 3.2mtpa of low volatile, high energy, PCI coal.

Jellinbah Group 70%, Marubeni 15%, Sojitz 15%

$ 100,000,000 Late 2016 100 (con) existing (op)

Four new mining leases (ML 80195, 80196, 80197, 80198) were granted for Yarrabee Mine in April 2014.

Mackenzie Project Mining Blackwater New project. A nominal production rate of 4Mtpa ROM is assumed. Moreton Resources $ 860,000,000 NA NA

A conceptual mining study was released in 2013 and a drilling program is proposed in 2014 - 2015, (subject to funding targets, increased tonnages and elevation to Indicated status).

Minyango Underground Mining Blackwater

New project: a multi-seam underground coal mine and associated infrastructure. Capacity total up to 5mtpa coking and thermal coal. MLA80173.

Blackwater Coal Pty Ltd (a subsidiary company of Caledon Coal Pty Ltd)

$ 750,000,000 start of coal 2016

500 (con)500 (op - peak)

EIS has been completed and accepted by Qld Government. Mining lease anticipated 2014 - 2015. Development will be market driven.

Washpool Coal Project Mining BlackwaterNew open cut project. Capacity total 2.9mtpa hard coking coal to be exported through WICET. Approx. 15 year mine life.

Washpool Coal Pty Ltd (Aquila Resources) $ 358,000,000 FYE 2015 310 (con)

370 (op)

Supplementary Study completed April 2014, EM Plan to be relodged May 2014, draft EA Q3 2014. ML grant proposed H1 of FYE 2015. Construction FYE 2015. Production proposed FYE 2016.

Wilpeena Mining BlackwaterNew project. Open cut and underground. JORC 285Mt total (28.8mt indicated; 257.1mt inferred) PCI, thermal.

Aquila Resources Ltd (100%) (Argos (QLD) Pty Ltd)

$ - NA NA MDLa to be lodged in FYE 2014.

Bluff Mining Bluff New project. MLA lodged 18/2/13. Up to 1Mtpa (ROM) PCI. 10-15 year mine life. ML80194.

Carabella Resources (Majority shareholder Wealth Mining - a subsidiary of China Kingho Energy Group)

$ 100,000,000 2015 20-30 (con) 100 (op) FS has been completed.

Walton Mining BluffNew open cut project. JORC 79.2mt total (7.3mt measure; 12.8Mt indicated; 59.1mt inferred) coking, PCI, thermal.

Argos (QLD) Pty Ltd and Walton Coal Pty Ltd (both 100% owned by Aquila Resources Ltd)

$ - NA NAPre-Concept Study completed, MDL lodged June 2013, granted in April 2014. Seismic Program conducted, Concept Study to follow in FYE2015.

Comet Ridge Project Mining Comet New project. Updated total coal resources of 57 million tonnes. Operational mine life of 9 years. Acacia Coal Ltd $ 50,000,000 Q4 2015 20 (con) 50 (op)

FS and environmental studies in progress. Assessment application for a Regional Interests Development Approval - open for public submissions until 09/12/2014.

Sierra Project Mining Comet New open cut project. Hard coking coal target. Guildford Coal Ltd $ - NA NA Exploration drilling is planned to re-commence during the 2014 [RH1] drilling season.

Dingo West Mining Dingo New open cut project. PCI/high quality thermal coal. 91Mt resource. 1mtpa PCI and thermal. Bandanna Energy $ 135,000,000 NA 220 (con) 120 (op) Project development on hold. MLA 80180.

Fairhill Coking Coal Mining Emerald New project. The Fairhill Project is approx 50km north-east of Emerald in the Bowen Basin.

Fairhill Coking Coal Pty Ltd (Qld Coal Corporation)

$ - 2015 400 (con)MLA and MDLa lodged 2013. Currently undergoing EIS studies. Depending on market, test pit stage expected in Q4 2015.

Taroborah Mining EmeraldNew open cut and underground project. MDL 467. Expected capacity total is 5mtpa thermal. Operating life of 20 years.

Shenhuo International Group $ 400,000,000 2016 800 (con) 450 (max

op)

Draft EIS released, public submissions closed 26 June 2014. Proponent to respond to submissions and make amendments to EIS. Due by 10 February 2015.


November 2014



ESTIMATED


COMMUNITY INFRASTRUCTURETeresa Project Mining Emerald New underground project. New capacity total

6mtpa thermal/PCI for 30 years from 2018.

New Emerald Coal Pty Ltd (100% owned by Linc Energy)

$ 500,000,000 2016 500 (con)380 (op)

The EIS submission period closed on 4 April 2014. Proponent has until 15 May 2015 to respond to public submissions.

Togara West Project Mining EmeraldThe Togara West Project is a highly prospective thermal and metallurgical coal project located 40km SE of Emerald.

Queensland Coal Corporation $ - NA NA

JORC Resource of 758.06Mt has been established which includes 693.8Mt of Inferred, 50.76Mt of Indicated and 13.5Mt of Measured Resources.

Wilton Coal Project Mining EmeraldNew project. Open cut up to 5Mt pa. The project covers 2 mining lease applications (MLA 70464 and MLA 70465, MDL 463).

Wilton Coking Coal Pty Ltd (Qld Coal Corporation)

$ - 2015 400 (con)In the final stage of mine planning, mine scheduling and economic analysis. First stage test pit could start Q2 in 2015.

Foxleigh Plains Project Mining MiddlemountExtension to existing open cut coal mine. Increase life of the mine by up to 15 years and increase ROM production to 4mtpa.

Anglo Coal Australia / CAML Resources / Nippon Steel

$ 200,000,000 2015 90 (op) EIS completed July 2013. Mining leases granted September 2014 - ML70429, 70430, 70431.

Rolleston Coal Expansion (Phase 2) Mining Rolleston Open cut expansion. New capacity total is up to

3mtpa - thermal coal. MLA 70415; MLA70458.

Rolleston JV: Glencore Coal Qld Pty Ltd (75%), ICRA Rolleston Pty Ltd (12.5%), Sumisho Coal Aus. Pty Ltd (12.5%)

$ 400,000,000 NA NA

In response to submissions received during the public notification period (4 April to 21 May 2014), the Rolleston Coal Expansion Project Environmental Impact Statement (EIS) has been amended.

Arcadia Mining Rolleston New project, JORC compliant resource is 273Mt on an Inferred basis. Bandanna Energy $ - NA NA Project development on hold.

Meteor Downs South project (Orion Downs) Mining Rolleston New project - open cut. Projected to produce 1.5-

1.9mtpa.

U and D Mining Industry (acquired 100% of Endocoal Ltd 7/5/13)

$ 100,000,000 2016 80 e (op)

Project Evaluation Study, MLA and Environmental Management Plan (EMP) submitted. EMP has been approved by QLD government and Mining lease expected in early 2015.

Togara North Mining Springsure New project. Underground. Expected capacity total 6mtpa - thermal coal. ML70149; ML70162.

Togara North JV: Enex Togara Pty Ltd (70%), Dongbu Aus. (8.33%), Hyosung Resources (Aus.) Pty Ltd (8.33%), Korea Resources (8.33%), Mitsui (5%)

$ 800,000,000 2017 1000 (con) e450 (op) e Pre-FS underway.

Arcturus Coal Mine Project Mining Springsure New project. Open cut and underground. JORC compliant Resource now 206.3Mt. Thermal coal.

Springsure Creek Coal Pty Ltd (a subsidiary of Bandanna Energy)

$ - NA NA Project development on hold.

Springsure Creek Underground Mining Springsure

New project - 2 stages. 11Mtpa thermal coal at peak production (2 longwall). (ROM) thermal. Estimated 40 year mine life.

Bandanna Energy $ 1,200,000,000 Mid 2015;

Longwall by end 2016

up to 2000(con)up to 600 (op) Project development on hold.

Springsure Project Mining SpringsureNew project. EPC1674. Total coal resource of 191.5 Mt has been estimated, with 148 Mt Inferred resource and 43 Mt indicated resource.

Springsure Mining Pty Ltd (Guildford 50.52%) $ - NA NA

Renewal of the Springsure Project’s EPC 1674 for an additional 5 years was achieved securing the tenement until June 2019. A MDL application covering part of the Springsure Project area is approved for submission to the DNRM.


November 2014



ESTIMATED



Oaky Creek (Phase 2) Mining Tieri Expansion. New capacity total 5 Mt -coking coal.Glencore Coal Ltd, Sumisho, Itochu, ICRA OC

$ 650,000,000 2015 NA

Planned expansion over the next five years to develop additional sections of the lease area. It will include a new long-wall mining system, expansion of the coal preparation plant and an electrical system upgrade.

IN PROGRESS

Cook Colliery Mining BlackwaterExpansion of coal production via a longwall underground development in the Argo Seam. Output will rise from 600,000tpa to 3.5mtpa.

Caledon Resources 250000000 2014 - 2015 NA Additional surface areas on ML1799 granted.

Ensham Mining Emerald Expansion - bord and pillar underground unit. Increase mine capacity to 2.4mtpa.

Idemitsu Australia Resources and LG International

$ 34,000,000 2014 - 2015 NA Expansion has been planned since 2012 and is expected to be complete by June 2015.

$ 7,756,000,000

Kevin's Corner Mining Alpha New project. Open cut and underground. Up to 30Mmtpa thermal coal. GVK $ 4,200,000,000

Late 2018. Ramp up 2018-

2021

2000 (peak con)1600 (op)

EIS and SEIS approved. BFS completed. Native title negotiated. MLA in process - Currently with the land court for hearing objections, expected date April 2015.

South Galilee Coal Project Mining Alpha New project. 13.6mtpa - thermal. Open-cut and underground with 33 year period of operation.

AMCI, Bandanna Energy $ 4,200,000,000 2017 1600 (con)

1290 (op) Project development on hold.

China Stone Coal Project Mining Alpha

New project. Open cut and underground. Up to 60mtpa (peak) clean thermal. Project also includes - airstrip, accommodation village and power station.

MacMines Austasia Pty Ltd $ 6,000,000,000 2017 OC and

2019 UG3800 peak con 3400 peak (op)

The project will require assessment and approval under the EPBC act before it can proceed. EIS in preparation.

Alpha West Project Mining Alpha New project currently under exploration. 16-24 Mtpa thermal. MDL 285.

GVK (79%) and Hancock Prospecting (21%)

$ - 2019 NA Pre-FS drilling commenced. Concept study has been completed for the project.

Alpha Coal Project (Tad's Corner) Mining Alpha

Open cut. New project with capacity total 32mtpa - thermal coal. Project includes mine, rail, port. Mine life of 30 years expected.

Hancock Coal/ GVKPIL $ 8,200,000,000 Late 2017;

Ramp up 2017-2020

All project 4000(peak con); 1800 (peak op).

Environmental Authority granted for the project after 6 years of comprehensive environmental assessments and planning. Key focus now is to advance the project to point where construction can commence.

Alpha North Coal Project (including Laglan) Mining Alpha New project. Capacity total 40 Mtpa of thermal

coal. MLa 70489, MDLa 485, MDL 481. Waratah Coal Pty Ltd $ - 2022 NA Commenced feasibility studies. MLA lodged 30/11/2012. Currently undergoing an EIS.

Alpha West Coal Project Mining Alpha New project. EPC 1079 and 1156. Waratah Coal Pty Ltd $ - 2027 NA Currently undergoing an EIS.

Carmichael Coal Mining Alpha

New open cut and underground project. Start at 2mtpa 2016 and up to 60mtpa thermal 2022. Proposed 250km transmission line to power the development.

Adani Mining Ltd $ 16,500,000,000

Construction Q1 2015

Shipping coal 2017

1150 (con)3000 (op)

QLD Government approval May 2014. Commonwealth approval July 2014. Parsons Brinckerhoff have been appointed to manage contract reviews for project.

China First - Galilee Coal Project Mining Alpha

New project. Open-cut and underground mines and railway line. Up to 40mtpa - thermal coal, for at least 25 years.

Waratah Coal Ltd $ 8,300,000,000 2018 3500 (con)2460 (op)

EIS approval 9 August 2014. The construction period will extend for a period of 3 years and in its peak will require 6,000 contractors.

NOT STARTED

MINING (Projects located outside the Central Highlands Region of Significance)

Sub-total Mining Investment (in CH):


November 2014



ESTIMATED



Baralaba North Mining BaralabaExpansion planned to 3.5Mtpa, with transition to Northern operations (1mtpa) underway. ML80169 and ML08170.

Cockatoo Coal Ltd (80%), JS Baralaba Wonbindi Pty Ltd (20%)

$ 500,000,000 2014 171 (con) 200 (op) EHP to decide whether to allow the EIS to proceed to the EIS assessment report stage.

Baralaba South Mining Baralaba Open cut mine. Mine to produce up to 4mtpa of product coal for at least 15 years. MLA80193.

Cockatoo Coal Ltd (80%), JS Baralaba Wonbindi Pty Ltd (20%)

$ 300,000,000 2015 192 (con) 200 (op)MLA lodged 12/10/12. Final TOR issued. EIS in preparation. The proponent now has until 2 April 2015 to prepare the EIS.

Moorlands Mining ClermontOpen cut thermal mine. targeting a ROM production rate of 1.9Mtpa from the proposed south pit over a 30 year mine life.

Cuesta Coal (Beijing Guoli and Hanford Holdings)

$ 150,000,000 2016 350 (con) 160 (op) A Definitive FS is underway. Mining Lease and Environmental Authority Applications submitted.

Blair Athol Mine - Reopening Mining Clermont Acquisition of mine; up to 3 mtpa thermal coal

for export.

New Emerald Coal Ltd (a wholly owned subsidiary of Linc Energy)

$ - 2015 120 (op) April 2014 - received indicative approval from the DNRM for the transfer of its ML1804.

Dysart East Coal Project Mining DysartMDL 450. New project. Stage 1: Test pit and bulk sample trial. Stage 2: open-cut and highwall operations. 1.9mtpa coking. ML70507.

Dysart Coal Management (Bengal Coal Pty Ltd)

$ 140,000,000 2015 220 (op) MLA submitted and accepted. (ML70507). EA process well advanced.

New Lenton Mining Glenden New project. Open cut. New Hope Corp Ltd $ 400,000,000 2015 200 (con) 300 (op)Terms of reference (TOR) finalised for carrying out an EIS for the proposal. The proponent now has until 27 June 2016 to prepare the EIS.

Byerwen Coal Project Mining Glenden Open cut coal mine with a yield of up to 10Mtpa.Byerwen Coal Pty Ltd (joint venture: QCoal Pty Ltd and JFE Steel)

$ 1,760,000,000 2015 350 (con) 545 (op)October 2014 - received Commonwealth Minister for the Environment's approval of 'controlled action', subject to conditions.

Belvedere Mining Moura New UG project. Up to 7mt hard coking coal. Vale Australia $ 2,814,000,000 2019 600 (con) 400 (op) FS stage.

Middlemount (Open cut) Mining DysartExpansion of existing mine. Production is expected to ramp up to approximately 3.8Mtpa of saleable production by the middle of 2014.

Yancoal Aus. Pty Ltd/Peabody Energy Ltd (50%)

$ 500,000,000 2014 - 15 NA Expansion project underway.

Grosvenor Mining Moranbah New UG project. ML70378. 5mt hard coking coal.

Anglo American Metallurgical Coal Ltd $ 1,650,000,000 late 2016 400 (con) 380 (op)

Phase 1 under construction: a single new underground longwall mine and will process coal through the existing Moranbah North CHPP and train loading facilities. A prefeasibility study for expansion by adding a 2nd longwall at Grosvenor is underway.

Caval Ridge Mining Moranbah New open-cut project. 5.5mtpa hard coking coal. ML1775 and MLA70462.

BHP Billiton Mitsubishi Alliance $ 400,000,000 2014 2000 (con) 500 (op) Project completed July 2014.

$ 56,014,000,000

Blackwater to Emerald Power line Replacement Project

Energy Blackwater - Emerald

The 76km powerline route will require some areas of new construction and some areas to be rebuilt to minimise the community and environmental impact.

Ergon Energy $ 48,000,000 Construction 2014 - 2015 Existing Voltage will be 66kv or 132kv, depending on

demand.

COMPLETED

IN PROGRESS

ENERGY

Sub-total Mining Investment of Significance (outside CH):

NOT STARTED


November 2014



ESTIMATED



Bowen Gas Project (includes Blackwater and Norwich Park CSG fields)

Energy Blackwater / Norwich Park New project, new capacity min 30 Pjpa. Arrow Energy Ltd $ 500,000,000

FEED phase - 12 months to

complete approx.

NA

State government approval 8 September 2014. Federal approval received 28 October 2014. Arrow announced (8/9/14) a decision to proceed with front-end engineering design (FEED) phase for the project.

$ 548,000,000

Galilee IGCC Power Station Energy Alpha

New project. Construct and operate a 900MW coal-fired power station incorporating clean-coal low-emission technology, carbon capture and storage.

Galilee Power (a subsidiary of Waratah Coal Pty Ltd)

$ 1,250,000,000 2025 1000 (con) 60 (op) EIS is being prepared.

Bowen Gas pipeline Energy Dysart/Rockhampton

The Bowen Pipeline is a buried high-pressure steel pipeline to transport CSG from the Bowen Basin to a gas hub 22km west of Gladstone, where it will join the proposed Surat Pipeline.

Arrow Energy Ltd $ 1,000,000,000 2018+ 700 (con) 10 (op)

June/July 2014 - Arrow released additional documentation for public comment as part of the project's Commonwealth environmental assessment.

Gladstone LNG EnergyThrough SE section of CH region

New project, under construction. Gas pipeline (approx. 540km) network and gas field development. Capacity 7.8 Mtpa (Stage 1).

Santos Ltd/PETRONAS/Total/Kogas

$ 18,000,000,000 2015 5000 (con)1000 (op)

CH Region - Pre-commissioning of the pipeline is complete and commissioning has commenced. Reinstatement is complete and 99 per cent of the pipeline route has been seeded.

$ 20,250,000,000

East Nogoa Water Treatment Plant Water Emerald

The East Nogoa WTP will service the Emerald community - supply an average of 10ML water/day.

CHRC $ 22,000,000 June 2015 NA Construction underway.

Sewerage Major Capital Works Sewerage Blackwater Major capital works projects to Sewerage

infrastructure in Blackwater. CHRC $ 75,000 2014 NA Upgrade of telemetry and instrumentation. Expected completion 2014.

Sewerage Major Capital Works Sewerage Capella Major capital works projects to Sewerage

infrastructure in Capella. CHRC $ 90,500 2014 NA In progress.

Sewerage Major Capital Works Sewerage Emerald Major capital works projects to water

infrastructure in Emerald. CHRC $ 316,000 2014 NA In progress.

Sewerage Major Capital Works Sewerage Emerald Upgrade to Blackgully sewerage water treatment

plant. CHRC $ 250,000 2014 - 2015 NA CHRC Capital Works Budget.

Water Major Capital Works Water Bluff Major capital works projects to water infrastructure in Bluff. CHRC $ 70,000 2014 NA Upgrade of telemetry and instrumentation due to

occur. Expected completion 2014.

Water Major Capital Works Water Bluff Bluff Booster Pump replacement installation. CHRC $ 97,750 2014 - 2015 NA In progress.

Water Major Capital Works Water Capella Major capital works projects to water infrastructure in Capella. CHRC $ 60,000 2014 NA In progress.

Water Major Capital Works Water CHRC area Design and Construct of 1ML reservoir. CHRC/Jellinbah $ 908,500 2014 - 2015 NA CHRC Capital Works Budget.

ENERGY (projects that have partial investment in Central Highlands Region)

WATER and SEWERAGE

IN PROGRESS

NOT STARTED

Sub-total Energy Investment (in CH):

Sub-total Energy Investment:

IN PROGRESS


November 2014



ESTIMATED


COMMUNITY INFRASTRUCTUREWater Major Capital Works Water Emerald Major capital works projects to water infrastructure in Emerald. CHRC $ 405,000 2014 NA In progress.

Water Major Capital Works Water Emerald Design and construct new chlorine contact tank at Park Ave to take entire flow from plant. CHRC $ 300,000 2014 - 2015 NA In progress.

Water Major Capital Works Water Springsure Major capital works projects to water infrastructure in Springsure. CHRC $ 155,000 2014 NA In progress.

Water Major Capital Works Water Tieri Installation of Tieri Treated Water Flow Meter. CHRC $ 85,000 2014 - 2015 NA CHRC Capital Works Budget.

Water Treatment Plant Water Emerald Upgrade Electrical Controls for all Filters. CHRC $ 75,000 2014 - 2015 NA CHRC Capital Works Budget.

Water Treatment Plant Water Emerald SCADA and PLC system Improvements for the WTP for all monitoring and control systems. CHRC $ 175,000 2014 - 2015 NA CHRC Capital Works Budget.

Water Utilities Water CHRC area Raw Water Dam Improvements - Enlargements and Embankment. CHRC $ 150,000 2014 - 2015 NA In progress.

Water Major Capital Works Water Anakie-Sapphire-Rubyvale-Willow

Major capital works projects to water infrastructure in Anakie, Sapphire, Rubyvale and Willow.

CHRC $ 155,000 2014 NA Completed.

$ 25,367,750

16 lot Residential Development Land Emerald Redevelopment of one lot into 16 residential lots

- Carringal Road. Private $ - 2014 - 2015 NA CHRC approval 13 November 2013.

Capella Land Development Land Capella Bailey Street land development. CHRC $ 250,250 2014 NA Pending review by Council.

CHRC Land Acquisition Land Blackwater Blackwater industrial land acquisition. CHRC $ 2,431,000 TBA NA Project inception to be determined by CHRC. Pending review by Council.

CHRC Land Acquisition Land Gemfields Gemfields land acquisition. CHRC $ 400,000 TBA NA Project inception to be determined by CHRC. Pending review by Council.

CHRC Land Acquisition Land Rolleston Rolleston land acquisition. CHRC $ 100,000 TBA NA Project inception to be determined by CHRC. Pending review by Council.

CHRC Land Acquisition Land Springsure Springsure land acquisition. CHRC $ 175,000 TBA NA Project inception to be determined by CHRC. Pending review by Council.

CHRC Land Development Land Capella Capella land development. CHRC $ 40,000 TBA NA Project inception to be determined by CHRC. Pending review by Council.

CHRC Land Development Land Springsure Zamia Heights. CHRC $ 40,000 TBA NA Project inception to be determined by CHRC. Pending review by Council.

Rubyvale Land Development Land Rubyvale Planned development. CHRC $ 90,000 2014 NA Pending review by Council.

Nogoa Rise Stage 5 Land Emerald68 lot residential subdivision, off Rifle Range Road. (Lot sizes range from 784sqm to 1,707 sqm).

CHRC $ 3,500,000 2014 - 2015 NA Auction occurred Jan 2014. Blocks available for purchase through individual local agents.

$ 7,026,250 Sub-total Land Investment:

Sub-total Water and Sewerage Investment:

NOT STARTED

IN PROGRESS

LAND

COMPLETED


November 2014

PO Box 1425

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