Dargo Associates Ltd. International
Coal Consultants

Dargo Associates Ltd comprises a group of dedicated engineers and commercial professionals with
long experience in coal mining, coal markets and coal contracts.


Coal-Fired Power Projects

Dargo Associates Ltd has advised sponsors or
lenders in 23 coal-fired independent power
projects in the last 4 years, ranging in size
from 250MW to 1300MW.

Feasibility Studies

Dargo Associates Ltd’s engineers have considerable
experience in the coal mining industry.
Due Diligence, mine planning and resource
evaluations are undertaken for clients.

Coal Purchase Strategy

Dargo Associates Ltd routinely advises clients
on the best coal purchase strategy, given their
boiler requirements and coal handling facilities.

Coal Market Intelligence

Dargo Associates Ltd maintains contacts
within the coal market and monitors supply
and demand. Reports on particular market
aspects are regularly prepared for clients.

Range of Services


  • Resource Evaluation
  • Exploration Planning
  • Reserve Determination
  • Hydrogeology
  • Geotechnology


  • Valuation
  • Due Diligence
  • Conceptual Planning

Coal Preparation

  • Quality Assessment
  • Cleaning Potential
  • Plant Design
  • Plant Management

Market Intelligence

  • Current Prices
  • Shipping Limitations
  • Price Forecasts

Contract Negotiation

  • Delivery Terms
  • Coal Quality
  • Sampling and Analysis
  • Risk Allocation

Recent Projects as Follows



Provision of coal preparation and coal quality advise as expert witnesses for a dispute involving a coking coal mine in Mongolia.



Provision of coal preparation advice for two central coal preparation plants near Karaganda.



Provision of coal quality advice to insurers, shippers and ship owners regarding safety of coal cargoes and assistance with disputes involving coal quality.

Professional Expertise

Larry Thomas

Larry Thomas

Larry has 30 years of experience in the coal industry and is in charge of resource evaluation and mining commercial issues.

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Steve Frankland

Steve Frankland

Steve has 25 years of experience in the coal industry. A coal preparation engineer.

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Alan Oakes

Maarten Velzeboer

Maarten has over 45 years experience as a mining engineer.

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Recent Clients