‘’Queensland’s resources sector has honoured one of its greats with the QRC medal awarded to the late Ken Talbot.
The son of a truck driver and self deprecating ‘humble miner’ Mr Talbot became one of Australia’s most innovative coal miners and successful entrepreneurs.
‘As well as his business success, Ken will be best remembered for his big heart and as a generous philanthropist,’ said QRC Chief Executive Michael Roche.
‘This medal recognises his significant contribution to the Queensland resources sector, his innovation and his enormous capacity to share the wealth that he created,’ said Mr Roche.
‘Ken was a strong supporter of QRC’s education initiatives and in the wider world donated significant amounts to arts and education, cultural heritage, and health and lifestyle causes. In 2009, with his wife Amanda he established the Talbot Family Foundation to formalise and significantly increase their philanthropy.
‘Prior to his untimely death in June this year, Ken had amassed more than 36 years’ experience in the coal industry in which he was a pioneer, opening up a whole new market for low volatile coals.
‘A respected member of the QRC Board from 2002 to 2007, Ken was a visionary who is sadly missed, but never forgotten.
The award was announced by outgoing QRC President and CEO of Macarthur Coal Nicole Hollows and was accepted on behalf of the Talbot family by Chairman of the Talbot Group, Mr Don Nissen in the presence of Ken’s wife Mrs Amanda Talbot, son Liam and daughter Courtney.
Previous winners have been Professor Don McKee from the Sustainable Minerals Institute at the University of Queensland; coal industry leader Ian McCauley; and ‘Mr Gladstone’ Cyril Golding, founder of Golding Contractors.
Further information: Caroline Morrissey 0417 770 893
BIOGRAPHY KEN TALBOT
Ken Talbot is recognised as one of Australia’s most innovative coal miners and successful entrepreneurs.
The son of a truck driver, he was educated at Mitchelton High prior to joining BHP as a cadet Industrial Chemist in1968, Ken was subsequently accepted as a cadet mining engineer in 1971. Prior to his untimely death in June this year Ken had amassed more than 36 years experience in coal industry. This involvement included the development of five coal mines, including two as owner. He was a member of the consortium that established the Jellinbah East Mine in 1988, becoming the youngest Managing Director in the Australian coal industry at that time.
As one of Queensland’s most respected business operators, Ken built his reputation and his business, on leading by example and surrounding himself with people who shared his drive and his commitment to ethical entrepreneurship.
This visionary business operator did not measure his success merely in terms of awards or assets, Ken was very proud of his humble roots and the family values instilled in him from an early age. He was a fiercely proud Queenslander who earned the respect of his peers and the wider community through his commitment to hard work, exemplary business practices and highly accountable leadership. He was a man who believed in doing business with a handshake and in sharing his success with those around him and those in need.
Ken was a most generous philanthropist whose major focus had been on education and development of Australia’s youth. Ken has privately donated significant amounts to the arts and education, cultural heritage, health and lifestyles as well as many more charities.
In June 2009, Ken and his wife Amanda established the Talbot Family Foundation, which formalised their philanthropy and significantly increased their commitment to making a difference in the lives of as many people in their communities as possible.
26 August 1950 – 19 June 2010
Family: Wife Amanda and four children – Liam, Courtney, Alexandra and Claudia
Harvard Business School, USA
Owner/Presidents Management Program
This course was completed over a three-year period.
Mine Managers Certificate of Competency, QLD
Underground and open-cut mines
Mine Managers Certificate of Competency. NSW
Underground and open-cut mines
Securities Institute of Australia
Diploma – Investment
This course was completed on a three-year part time basis
University of New South Wales, NSW
This course was completed on a six-year external basis
University of New South Wales, NSW
This course was completed on a five-year part time and 1.5 year full-time basis
Mitchelton State High School, QLD
Trustee for the General Douglas Macarthur Trust
Director for the Queensland Mining Council
Fellow A.I.C.D. (Australian Institute of Company Director)
Fellow Ausl.M.M. (AUStl-alasian Institute of Mining & Metallurgy)
Australian Mine Managers Association
Diggers and Dealers Industry Awards- Dealer of the Year Award
Ernst & Young 2006 Champion of Entrepreneurship Award
Australian Export Heroes Award 2006
In recognition for an extraordinary contribution to the growth and development of Australian Exports, presented by the Australian Institme of Export.
Recipient of Centenary Medal
Received for distinguished services within the mining industry
Ken’s reputation for innovation in coal mining was forged during his time as the CEO of Queensland Coal Mine Management and Advanced Queensland Resources & Mining Pty Ltd (1988-1995). Under his stewardship, the company delivered its first coal shipment just seven months after the Authority to Prospect was granted and less than three months after the mining lease was approved: the quickest development timetable in Queensland during the 1980s.
It was also during these years that Ken pioneered the market for low volatile coals. Consequently, the mine achieved the highest productivity of any coal mine in the black coal industry of Australia, achieving approximately four times the average productivity for open cut coal mines in Queensland.
A Fellow of the Australian Institute of Company Directors and a Director of the Queensland Mining Council until retiring in November 2007, Ken was Chief Executive Officer and Managing Director of Macarthur Coal since it was listed on the Australian Stock Exchange in 200 I until December 2006.
SUNDANCE RESOURCES LIMITED, WA 2007 – 2010
Appointed as Director in September 2007, contributing with knowledge and proven success in the carbon steel materials business both as a mine developer and an operator.
GENERAL DOUGLAS MACARTHUR TRUST
TALBOT GROUP, QLD 2007 – 2010
The Talbot Group is a private investment group that was formed in the early J 990’5 and is 100% owned by Ken Talbot and invests in the resources sectors, property, and contributors to Arts and Education, Cultural Heritage, Health and life style communities as well as many charities.
MACARTHUR COAL LIMITED, QLD 2998-2008
COPPABELLA & MOORVALE JOINT VENTURE, QLD 1996-2006
JELLINBAH EAST MINE, QLD 1988-1995
Chief Executive (share holder – Bluff based & drank at hotel)
BOND COAL DIVISION 1985-1988
CURRAGH MINE, QLD 1984-1985
Chief Mining Engineer
WEST CLIFF EXTENDED MINE, NSW 1980-1984
Project Manager/Mine Manager
WEST CLIFF MINE, NSW 1976-1979
Mining Engineer/under manager
Resources sector recognises industry visionary the late Ken Talbot
extract from a tribute http://www.qrc.org.au/01_cms/details.asp?ID=2592