Bathurst vs Talley's: battling on

Aerial view of BT Mining's Stockton mine, jointly owned by Bathurst and Talley's. (Image: Supplied)

Thu, 31 Jul 2025

You’ve got to hand it to Bathurst Resources: the company has plenty of chutzpah.New Zealand’s largest coal miner has not only manouevred to avoid paying US$80 million ($130m) in performance payments to L+M Mining, thanks to smart negotiation after buying its Buller plateau coal assets in 2010 and not mining them since 2016.It has done so by largely prevailing in 10 years of court battles with L+M over those payments, which are due, but not until Bathurst actually starts to mine. That could finally occur as early as 2027, assuming fa...

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