The company was originally based in Perth, Western Australia, and incorporated on 30 May 2007, listing on the Australian Securities Exchange (ASX) on 19 December 2007.
[1] The company's purpose at the time was to develop its interest in the Mt Clifford nickel, base metals and gold exploration project, in WA.
By November 2009 Bathurst Resources ceased producing coal from Eastern Kentucky LLC, on the return of this company to its original owners.
With a background of falling coal prices, following the Global Financial Crisis, the company delisted from the NZX on 3 July 2015 as a cost saving measure.
[11] In June 2010, Bathurst Resources announced plans to develop an opencast coking and thermal coal mine for exporting in 2011 in a joint venture with Christchurch-based company L&M.
[12] In early September 2010, Bathurst Resources confirmed plans for a US$57 million hard coking coal opencast mine on the Denniston plateau above Westport.
The plan included a slurry pipeline to carry coal down the steep plateau slope from a processing plant to a rail load-out 10 kilometres (6.2 mi) from Westport.
[18][28] In FY18 Bathurst Resources expanded its interests offshore of New Zealand with an equity investment in the Crown Mountain coking coal project in British Columbia, Canada.
[18] Two years later this equity stake reached 22%, and in FY22, production at Crown Mountain was forecast to begin from 2026, subject to all regulatory approvals being obtained.