The ASX-listed, Wellington-headquartered company is projecting a massive uplift in production.
Wellington-based Bathurst will supply up to 65,000 tonnes of coal a year to an unnamed buyer for up to 10 years.
The opencast coal mine on the land will be known as the Black Diamond mine.
Hamish Bohannan will be replaced by chief operating officer Richard Tacon, a 30-year industry veteran who joined Bathurst in 2012.
A new report puts the onus on central government to turn red tape into "green gold"
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