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Monday
30 May 2016
 


Peabody scores highly on productivity and safety: report


PEABODY Energy improved its Australian costs per ton by 24% – a record low for the platform -- and created more than $US17 billion in direct and indirect economic benefits globally, according to its 2015 Corporate and Social Responsibility Report.
Full Story...


Kentucky mine shut over safety violations


THE US Mine Safety and Health Administration ordered that Inspiration Resources’ Mine No. 5 in Kentucky be closed for two days after conducting an impact inspection on April 19 and issuing citations for safety violations.
Full Story...


Hogsback and Sydney’s debt to the coal mining industry


SYDNEY is a great place to party. Just ask coal miners visiting from Queensland coal fields down to extend their education and “life experience”. But it is also a major beneficiary of the New South Wales coal industry.
Full Story...

News Wrap


IN THIS morning’s News Wrap: Hazelwood closure could mark beginning of end for Victoria's brown coal; Mining stocks the next hot sector, says UBS; and BHP will decide on expansion in three years.
Full Story...


Hume Coal submits its mining lease application


HUME Coal has submitted a Mining Lease Application (MLA) to the New South Wales government as it continues to prepare for mining coal underground in the Southern Highlands.
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Santos about to make a comeback: video


SANTOS is fighting back to the top, with analysts viewing yesterday morning’s announcement that Gladstone LNG Train 2 has started producing on Curtis Island as a “critical” step towards boosting cash flows.
Full Story...


Caruso slams Qld MOLA Bill


THE Mineral and Other Legislation Amendment Bill 2016 (MOLA Bill), passed in the Queensland Parliament this week, is another impediment to the long list that is paralysing the state’s resources sector and driving investment away from the state, according to Resource Industry Network chairman and Mastermyne CEO Tony Caruso.
Full Story...


Demand for gas grows in China


GAS is back on the menu in China, with demand up 15% for the year to date, a much more robust rate of growth than the anaemic single digit growth of 2015.
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Up to $850M to be written off the value of Curragh


WESFARMERS will record a non-cash impairment of between $600 million to $850 million in its Curragh coal mine in Queensland in its full year results.
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Coal still rules roost in Germany


GERMANY may be the poster boy for clean energy but the unheralded reality is coal still rules the roost, new data from the US Energy Information Administration has revealed.
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Demand for procurement professionals increasing wages


PROCUREMENT professionals in Australia earned up to $159,677 as an average salary, according to a survey of over 4,000 procurement professionals from around the world, who contributed to the latest free salary guide from The Chartered institute of Procurement & Supply (CIPS).
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News Wrap


IN THIS morning’s News Wrap: Call for ETS by Federal opposition; Rhinehart’s daughter on Rich List; and Germany's K+S Group to embark on Pilbara salt project.
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Escarpment mine placed on care and maintenance


BATHURST Resources’ Escarpment Mine in New Zealand is being placed on care and maintenance this month after the company conducted a review of the operations in the March quarter.
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New research shows that CCS could save fossil fuels


CARBON capture and storage could actually help unlock more fossil fuel reserves and allow the world to use them in a way that stays within the 2C climate levels set by world leaders at the recent gabfest in Paris.
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Paringa changes tack on sales contract for Buck Creek coal


PARINGA Resources has amended its coal sales contract with Louisville Gas and Electric Company and Kentucky Utilities Company following its recent change in strategy which will see Illinois Basin Buck Creek No.2 mine developed first, ahead of the Buck Creek No.1 Mine’s proposed 3.8 million tons per annum coal project.
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ALP policy to extend trigger to tight gas


FEDERAL Labor wants to extend the “water trigger” policy to cover shale and tight gas formations.
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Dartbrook a tier one asset: Robinson


THE Dartbrook coal project in New South Wales has a 1.2 billion tonne Coal Resource Estimate, according to an independent assessment commissioned by Australian Pacific Coal, which is in the process of acquiring the asset from Anglo American and Marubeni.
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Sydney a major beneficiary of NSW mining: report


THE total direct mining spend in the broader Sydney region was $2.8 billion in 2015 financial year, accounting for 25% of the state’s total mining spend, according to an Economic Impact Assessment report by the University of Wollongong.
Full Story...


Lilleyman to quit Rio Tinto


RIO Tinto’s widely acclaimed group executive of technology & innovation Greg Lilleyman will leave the company after 25 years of service.
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News Wrap


IN THIS morning’s News Wrap: Foresight checks out Moranbah North; BHP Billiton's union-buster sails into coal; and Burning all fossil fuels would ‘cook’ Earth: report.
Full Story...


Bengalla expected to bring New Hope a bumper second half


THE second half of the 2016 financial year will be one of significant growth in attributable tonnes sold and sales revenue for New Hope Corporation due to the acquisition of a 40% interest in the Bengalla Joint Venture in New South Wales, the company said.
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China and India set to splurge on renewables


LEADING coal nations China and India will account for around 40% of the spending on new renewable generation over the next 20 years, according to a new report from consultancy Douglas-Westwood.
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Output from Port of Brisbane slightly down


DURING the six months of the financial to January 2016, 3.5 million tonnes of coal was exported through the QBH coal terminal at the Port of Brisbane.
Full Story...


HOGSBACK 
Hogsback and Sydney’s debt to the coal mining industry


SYDNEY is a great place to party. Just ask coal miners visiting from Queensland coal fields down to extend their education and “life experience”. But it is also a major beneficiary of the New South Wales coal industry.
Full Story...


MORE HOGSBACK

Hogsback and picking up bargains


Hogsback and the not-so-pure renewables


Hogsback and coal’s few friends in government


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COAL COMPANY ACTIVITY 
Peabody scores highly on productivity and safety: report


PEABODY Energy improved its Australian costs per ton by 24% – a record low for the platform -- and created more than $US17 billion in direct and indirect economic benefits globally, according to its 2015 Corporate and Social Responsibility Report.
Full Story...


MORE COAL COMPANY ACTIVITY

Hume Coal submits its mining lease application


Santos about to make a comeback: video


Up to $850M to be written off the value of Curragh


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Output from Port of Brisbane slightly down


DURING the six months of the financial to January 2016, 3.5 million tonnes of coal was exported through the QBH coal terminal at the Port of Brisbane.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Decmil expands in the Qld CSG market


Comms to help improve coal mine safety record: MSHA


Awards honour achievement in the resource services sector


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COAL MARKETS 
Caruso slams Qld MOLA Bill


THE Mineral and Other Legislation Amendment Bill 2016 (MOLA Bill), passed in the Queensland Parliament this week, is another impediment to the long list that is paralysing the state’s resources sector and driving investment away from the state, according to Resource Industry Network chairman and Mastermyne CEO Tony Caruso.
Full Story...


MORE COAL MARKETS

Demand for gas grows in China


Demand for procurement professionals increasing wages


New research shows that CCS could save fossil fuels


VIEW ALL STORIES

R & D 
Ex-Chief Scientist criticises Qld UCG ban


FORMER Australian Chief Scientist Professor Robin Batterham, who was on the review team for the report of the Independent Scientific Panel Queensland’s government set up to examine UCG operations, writes exclusively for ICN sister publication Energy News criticising the state’s knee-jerk reaction by banning UCG extraction.
Full Story...


MORE R & D

ACARP to develop coal burst strategy


Innovation beyond the resources boom


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SAFETY AND HEALTH 
Kentucky mine shut over safety violations


THE US Mine Safety and Health Administration ordered that Inspiration Resources’ Mine No. 5 in Kentucky be closed for two days after conducting an impact inspection on April 19 and issuing citations for safety violations.
Full Story...


MORE SAFETY AND HEALTH

MSHA targets coal mining risks


Eighth case of Black Lung discovered in Qld


NSW Mine Safety reviews diesel engine pollutants underground


VIEW ALL STORIES

ENVIRONMENT 
Eskom rethink enrages Greenpeace


GREENPEACE has slammed South African utility Eskom’s dogged persistence to stick with coal-fired power as a key fuel for the country’s notoriously unreliable power supply, with the activists unsurprisingly pushing greater adoption of renewables.
Full Story...


MORE ENVIRONMENT

Administrator with links to coal appointed to Mid Coast Council


Centuries of emissions could be stored at CCS sites


Court denies Hume Coal access to Southern Highlands land


VIEW ALL STORIES


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