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Tuesday
28 April 2015
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Peabody’s Australian operations slash costs


ABOUT $US110 million in lower coal pricing was more than offset by nearly $150 million in lower costs at Peabody Energy’s Australian operations during the first quarter, split evenly between operational improvements and lower currency and fuel prices.
Full Story...


Slow steel demand ahead


CHINA’S deceleration and the major structural adjustments going on in most economies where there has been limited investment growth post-2008 has led the World Steel Association to forecast a restrained demand growth outlook this year and next.
Full Story...


Hogsback watches Mick Davis flash his cash


EVERYONE in the coal mining industry has thought at some time in the past few years that they’ve seen the bottom in the price crash, but when Mick Davis said this week that he could see the bottom in the commodity cycle even Hogsback became mildly optimistic.
Full Story...
   CURRENT FOCUS FEATURES

Coal prep

New sewage system makes a splash

Mine spy

Dust suppressant remains active throughout conveyor belt process

Coal Prep show to examine future of US coal

Boggabri CHPP development continues

Wash plant outage affects BHP production

Wilpinjong expansion showcases co-operation in CHPP construction





News Wrap


IN THIS morning’s News Wrap: Ice the ‘drug of choice’ for miners; BHP and Rio’s China steel forecast dismissed as propaganda; and China's stimulus 'positive' for Australian resources.
Full Story...


Survival of the biggest


A BHP Billiton project deferral-triggered spike in iron ore prices was blamed on short covering with Mine Life senior resources analyst Gavin Wendt not expecting Chinese steelmakers to lift coking coal prices anytime soon either.
Full Story...


Hunter rail shutdown to extend into Anzac weekend


WHILE Glencore and Anglo American had re-opened their mines on Wednesday, the flooding-caused shutdown of the Hunter Valley coal rail network is expected to continue into the weekend.
Full Story...


ICAC to reverse corruption finding on Cascade Coal directors


IN a dramatic turn of events, the New South Wales corruption watchdog is set to overturn its own findings that directors of Cascade Coal including coal industry Travers Duncan were guilty of corruption.
Full Story...


Xcoal jumps into LNG


COAL trader Xcoal has announced plans to develop an LNG export by 2016 or 2017 that it says will help the coal industry, allaying fears the company was abandoning the sector in its moment of need.
Full Story...


BHP prices $2.7B note


MINING giant BHP Billiton has priced a €2 billion ($A2.7 billion) bond under its Euro medium-term note program.
Full Story...


Worley a predator not prey: Macquarie


DESPITE the recent speculation, Macquarie Wealth Management sees WorleyParsons as more likely to acquire companies than be taken over by a global peer.
Full Story...


Coal gains crucial ally


THE World Coal Association has welcomed a critical ally in the lead-up to the Conference of Parties (COP21) summit in Paris in November, with former UN climate chief Yvo de Boer saying coal would be a “vital part of the energy mix for years to come”.
Full Story...


Maiden coal resource for Northern Star


GOLD producer Northern Star Resources has announced a maiden resource for the surprise coal discovery it made in 2013.
Full Story...


Lasting longer down the hole


THAT is basically a drillers dream and that is what one surface engineering specialist’s latest offering might just allow them to do. Supply Side by Australia’s Mining Monthly editor Noel Dyson
Full Story...


Tlou firms African power revolution


WITH an “almost infinite” gas market on its doorstep in in sub-Saharan Africa, Botswana CSG pioneer Tlou Energy has just started its first concrete steps towards establishing a viable power generation project.
Full Story...


WDS gets Eagle Downs breathing space


ENGINEERING house WDS has won an amendment to its $A143 million drift development contract for the Eagle Downs longwall project in Queensland.
Full Story...


Chinese coal disaster claims 16 lives


THE flooding of the Jiangjiawan underground coal mine in Shanxi province over the weekend has claimed at least 16 lives out of the 24 workers initially missing.
Full Story...


Flooding prevents miners from showing up


THE Hunter Valley’s coal rail network remained closed yesterday due to the storm front which has flooded and washed away some sections of track.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Indonesian crunch could prompt rethink of protectionist mineral export policy; Vale surges as supply outlook seen improving; and Standard & Poor's slashes Fortescue Metal Group's credit rating.
Full Story...


Coal up for BHP


DESPITE crushingly low coal prices, BHP Billiton increased its metallurgical coal production over the nine months to March 31 by 14% to 38 million tonnes, reflecting record volumes at both Queensland Coal and Illawarra Coal and boosting its year-end target to 49Mt, up 4%.
Full Story...


BHP trains up students


THE week-long Make it now in Trades (MINT) challenge – a collaboration between BHP Billiton Mitsubishi Alliance (BMA) and the Queensland Minerals and Energy Academy (QMEA) – has given 20 students from regional Queensland the training tools to become future tradies.
Full Story...


Arch increases its margins during difficult times


ARCH Coal's first quarter cash margin per tonne has expanded by 12% versus the prior quarter and in a strong operational quarter the company has driven down its Appalachian 2015 cost-per-tonne guidance.
Full Story...


Shale gas sustainability questioned


US-BASED sustainability think-tank Worldwatch Institute has warned that any strong national on shale gas could have undesirable consequences in both the near and long terms for producers and buyers.
Full Story...


Linc axes hundreds of staff


LINC Energy has cut hundreds of jobs as part of asset divestment-inclusive restructuring efforts in response to the oil downturn.
Full Story...


HOGSBACK 
Hogsback watches Mick Davis flash his cash


EVERYONE in the coal mining industry has thought at some time in the past few years that they’ve seen the bottom in the price crash, but when Mick Davis said this week that he could see the bottom in the commodity cycle even Hogsback became mildly optimistic.
Full Story...


MORE HOGSBACK

Currency collapse the way out for Australian mining


Triple trouble for coal


Are the Indians coming to the aid of the coal industry?


VIEW ALL STORIES







MINE ACTIVITY 
North Wambo’s last panel approved


PEABODY Energy has received approval to mine an additional longwall panel which will extend the life of its North Wambo mine in New South Wales by six months to the end of 2015.
Full Story...


COAL COMPANY ACTIVITY 
Peabody’s Australian operations slash costs


ABOUT $US110 million in lower coal pricing was more than offset by nearly $150 million in lower costs at Peabody Energy’s Australian operations during the first quarter, split evenly between operational improvements and lower currency and fuel prices.
Full Story...


MORE COAL COMPANY ACTIVITY

ICAC to reverse corruption finding on Cascade Coal directors


BHP prices $2.7B note


Maiden coal resource for Northern Star


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Worley a predator not prey: Macquarie


DESPITE the recent speculation, Macquarie Wealth Management sees WorleyParsons as more likely to acquire companies than be taken over by a global peer.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Lasting longer down the hole


WDS gets Eagle Downs breathing space


Sandvik launches hybrid tools for longwall applications


VIEW ALL STORIES

COAL MARKETS 
Slow steel demand ahead


CHINA’S deceleration and the major structural adjustments going on in most economies where there has been limited investment growth post-2008 has led the World Steel Association to forecast a restrained demand growth outlook this year and next.
Full Story...


MORE COAL MARKETS

Survival of the biggest


Hunter rail shutdown to extend into Anzac weekend


Coal gains crucial ally


VIEW ALL STORIES

R & D 
Major coal research program launched


THE Brookings Institution’s Energy Security and Climate Initiative has launched a major research program to provide policymakers with an “unbiased assessment of how to deal with coal moving forward, both domestically and internationally”.
Full Story...


MORE R & D

Give it to the brainiacs


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SAFETY AND HEALTH 
Chinese coal disaster claims 16 lives


THE flooding of the Jiangjiawan underground coal mine in Shanxi province over the weekend has claimed at least 16 lives out of the 24 workers initially missing.
Full Story...


MORE SAFETY AND HEALTH

Flooding prevents miners from showing up


Fears over flooded Chinese coal mine


US coal deaths at record low


VIEW ALL STORIES

ENVIRONMENT 
Emissions reduction targets raises MCA ire


FORMER Peabody Energy executive and current Minerals Council of Australia CEO Brendan Pearson has slammed the Climate Change Authority recommendations on medium-term emissions reduction targets claiming they represent a “crude ambit claim without any regard for the impact on jobs and living standards of average Australians”.
Full Story...


MORE ENVIRONMENT

Dominion to close all coal ash ponds in Virginia


Coal costing billions in environmental damage: report


WA aims for low-impact criteria expansion


VIEW ALL STORIES

EDUCATION 
BHP trains up students


THE week-long Make it now in Trades (MINT) challenge – a collaboration between BHP Billiton Mitsubishi Alliance (BMA) and the Queensland Minerals and Energy Academy (QMEA) – has given 20 students from regional Queensland the training tools to become future tradies.
Full Story...


MORE EDUCATION

Rio returns to Diggers


Coal Prep show to examine future of US coal


VIEW ALL STORIES


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