with the support of
Ausenco, GPR Dehler, HSBC & Outokumpu
Thursday, 3rd April at 12.30 p.m.
Centennial Coal CEO Bob Cameron
Centennial Coal Boxes its way into Heavyweight Class
The rise of Centennial Coal from junior hopeful at its 1994 listing to Australia’s largest independent pure listed coal company and NSWs biggest underground producer has been a levitation of unexpected magnitude. CEO Bob Cameron founded the company in 1989 and has now conjured a tally of 13 mines with the August 2002 acquisition of NSW state-owned Powercoal giving it a $350m market cap and a key role in the heart of NSW infrastructure. If you’re a New South Welshman, nearly 40% of the power that lights and warms your life is now generated from Centennials coal.
Bob is promising us a story-behind-the-story exclusive account of his extraordinary corporate journey. His deep attraction to the flat-black mineral lies in its history and the intriguing tapestry of support and interdependence its people work with. His management understands it and gives responsibility to each operation which works in a stand-alone company. In return, one source said, his staff would walk across hot coals for him (without any regard for the obvious pun). With the new Powercoal mines now in the fold, the job is to permeate the new mines with Centennials special cultural strengths through bathouse and crib room meetings and to offer these mines a new immediacy in solution finding. With Powercoals vendor, the NSW Govt, still being the main customer and the regulator, one would not expect Centennial to be critical of how these assets were run but there is confidence that efficiency is arriving. Bob Cameron is also keen to transfer his culture of interdependency to the proposed Anvil Hill open cut mine in the Hunter. The new Mandalong mine will add a 4th longwall to the group. But for Bob, the boutique Berrima mine, winkled in the bottom of a gorge will always remain a business of equal importance. Making Centennial tick is a complex task and has many operators asking how do you do that? Not to be missed!
Julian Malnic RSVP Tuesday 1st April 2003
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The Forum is held at the Tattersalls Club at 181 Elizabeth St, Sydney (adjoining the Sheraton on the Park). There has been a relaxation of dress rules at the Tattersalls Club and ties and jackets are no longer required but men must wear long trousers and a smart collared shirt.
Thank you for supporting your Sydney Mining Club and for your interest in the current affairs and issues that drive our industry.
Dear Sydney Mining Clubbers,
The excellent lunch at Tattersalls in 2003 is $40.00 per person with complimentary drinks on arrival. Wine for the table can be ordered and settled directly with Tattersalls staff. All students remain at $10 so you should remind your student friends of this (Student ID to be presented at door). I can assure you we are working hard to minimise the cost of your forum lunches.
At some time in the future we may move to a formal membership arrangement for the Sydney Mining Club so if you have any friends and colleagues to add to our ‘virtual membership list’ – that is our e-mail list – now is the time to ask them to send their name and e-mail address to Sharon.
Students $10, Concession Rate $30, Everyone else $40. Corporate Table bookings (10 people) $400.00 (incl GST) per table
Please note any bookings received after close of business on the Tuesday prior to the lunch will automatically be charged a late fee of $10 per person. .
The Sydney Mining Club
Fax bookings to 02 9416 2583
(Other inquires call 02 9416 0666 and ask for Sharon Johnson)
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AusIMM ABN 59 836 002 494
RSVP BY 5pm, Tuesday prior to Meeting
Note: late bookings $10 extra!!