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Thursday
5 May 2016
 


Illawarra Coal targeting production increases, lower costs


SOUTH32’s Illawarra Metallurgical Coal division is targeting a 9% increase in production and 37% reduction in costs by the 2017 financial year, its CEO Graham Kerr said.
Full Story...


NuCoal hoping to sell properties for $2M


NUCOAL Resources is negotiating the sale of three properties around the Doyles Creek area in the Hunter Valley of New South Wales at a total amount of approximately $2 million.
Full Story...


Mastermyne founder to retire from board


UNDERGROUND coal contractor Mastermyne is undertaking a review of overhead costs and non-core business units while company founder and non-executive director Darren Hamblin has resigned to lower board related costs.
Full Story...

News Wrap


IN THIS morning’s News Wrap: Fortescue tips decline in iron ore speculation; Arrium administrators get extension; and no charity for green law breakers.
Full Story...


Budget recognizes importance of resources to Aussie economy: MCA


THE Australian Federal Budget underlines the scale of the continuing contribution made by the resources sector to the national economy, according to the Minerals Council of Australia.
Full Story...


Origin’s Queensland solar power plan


ORIGIN Energy will team up with global solar company Fotowatio Renewable Ventures to purchase solar power from the 100 megawatt Clare Solar Farm in northern Queensland.
Full Story...


Santos asset sales a strong possibility


ANALYSTS believe asset sales are still on the cards for Santos to help cut its still considerable $6 billion debt pile after new CEO Kevin Gallagher yesterday morning admitted he had a long road ahead to return capital discipline to the company.
Full Story...


Hastings Deering’s learning centre hosts potential apprentices


HASTINGS Deering, one of the biggest employers of apprentices in Queensland, has opened the doors to its state-of-the-art learning centre in Brisbane to Year 10 students for the first time.
Full Story...


Budget gives exploration $100M boost


THE Australian Federal Budget released last night includes a new $100 million initiative Exploring for the Future over four years to expand Australia’s geoscientific effort in support of the next wave of minerals exploration.
Full Story...


Hunter Valley coal mines targeted in March


HUNTER Valley coal mines such as BHP Billiton’s Mount Arthur Mining Complex, Rio Tinto’s Mount Thorley Warkworth Coal Complex and Glencore’s Bulga Coal received visits from New South Wales Department of Environment and Planning compliance officers in March.
Full Story...


Strong coking coal sales from Isaac Plains for Asian buyers


STANMORE Coal’s ability to sell out its first year of coking coal production from its Isaac Plains mine in Queensland to top tier Asian steel mills underpins a positive return to the market for coking coal, the company said.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Wesfarmers resources boss Stewart Butel to retire; Arrium administrators get extension after fending off new threat from GSO; and Investor sentiment toward Mongolia is improving.
Full Story...


Innovation beyond the resources boom


AUSTRALIA has been the driver of innovation in the Mining Equipment, Technology and Services (METS) sector, and growing global exports of its products and services will be key to supporting the sector’s recovery after the recent mining downturn, according to Aurecon global marketing director for resources Anthony Richardson.
Full Story...


Health and Safety Trust seeks new projects


THE Health and Safety Trust, which supports the Australian coal mining industry by funding projects and research that will have a positive effect on the health and safety of coal mine workers, is now inviting applications for grants to fund initiatives to improve coal mine worker health.
Full Story...


Schlumberger releases a world first


RBC Capital Markets is bullish on Schlumberger, which has transformed itself faster than expected to meet the new demands of its clients suffering under low energy prices.
Full Story...


MSHA warns US mine operators to continue dust sampling


THE US Mine Safety and Health Administration has warned that as of May 2, 2016, mine operators must resume required respirable dust sampling.
Full Story...


Donaldson goes into care and maintenance


YANCOAL’s Donaldson coal mine in New South Wales yesterday moved to “care and maintenance”, following the cessation of mining activities at the Abel underground mine and the start of new feasibility studies.
Full Story...


Prairie to go down the longwall track for Polish project


PRAIRIE Mining is proposing that mining at its Lublin Coal project in Poland will be by longwall retreat caving method using modern, fully mechanised and automated faces.
Full Story...


Terra production increase leads to BNU supply chain review


TERRACOM's BNU coking coal mine in Mongolia delivered staged volume increases to attain the production target of 125,000 tonne per month, which placed stress on the third party trucking and washing capabilities, leading to a review of the suitability of the existing supply chain.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Union battle heats up with BHP over coal agreements; Qld LNG equipment to go under the hammer; and silver's rally raises questions.
Full Story...


Bengalla seeks modifications


A PROPOSAL by Bengalla Mining Company to make changes to its mine in the Upper Hunter Valley of New South Wales is on display for community feedback.
Full Story...


Halliburton drilling merger dream ends


THE $US28 billion ($A36.7 million) deal between the second and third biggest drilling concerns in the world to combine and overtake Schlumberger appears to be completely over.
Full Story...


Redundant Cockatoo workers to be paid out


SUFFICIENT funds are now available to make a distribution to Cockatoo Coal employees who have been redundant since the appointment of administrators to the troubled the coal mining company, which is now the subject to deed of company arrangement.
Full Story...


HOGSBACK 
Hogsback and the brotherhood between steel and coal


HOGSBACK would like to proclaim loudly: “It is a truth universally acknowledged that coking coal is used in the making of steel!”
Full Story...


MORE HOGSBACK

Hogsback and why coal and coral can both flourish


Hogsback and Newton’s apple


Hogsback on geeks and protestors


VIEW ALL STORIES








COAL COMPANY ACTIVITY 
Illawarra Coal targeting production increases, lower costs


SOUTH32’s Illawarra Metallurgical Coal division is targeting a 9% increase in production and 37% reduction in costs by the 2017 financial year, its CEO Graham Kerr said.
Full Story...


MORE COAL COMPANY ACTIVITY

NuCoal hoping to sell properties for $2M


Origin’s Queensland solar power plan


Hunter Valley coal mines targeted in March


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Mastermyne founder to retire from board


UNDERGROUND coal contractor Mastermyne is undertaking a review of overhead costs and non-core business units while company founder and non-executive director Darren Hamblin has resigned to lower board related costs.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Hastings Deering’s learning centre hosts potential apprentices


Schlumberger releases a world first


Halliburton drilling merger dream ends


VIEW ALL STORIES

COAL MARKETS 
Budget gives exploration $100M boost


THE Australian Federal Budget released last night includes a new $100 million initiative Exploring for the Future over four years to expand Australia’s geoscientific effort in support of the next wave of minerals exploration.
Full Story...


MORE COAL MARKETS

Origin's earnings get boost from APLNG


Fallout continues from ACCC CSG report


China destined for a soft landing: WAM


VIEW ALL STORIES

R & D 
Innovation beyond the resources boom


AUSTRALIA has been the driver of innovation in the Mining Equipment, Technology and Services (METS) sector, and growing global exports of its products and services will be key to supporting the sector’s recovery after the recent mining downturn, according to Aurecon global marketing director for resources Anthony Richardson.
Full Story...


MORE R & D

Qld coal mining leading state with innovation: QRC


Qld promotes innovation as its future


ACARP to keep its focus on safety


VIEW ALL STORIES

SAFETY AND HEALTH 
Health and Safety Trust seeks new projects


THE Health and Safety Trust, which supports the Australian coal mining industry by funding projects and research that will have a positive effect on the health and safety of coal mine workers, is now inviting applications for grants to fund initiatives to improve coal mine worker health.
Full Story...


MORE SAFETY AND HEALTH

MSHA warns US mine operators to continue dust sampling


Qld senate report highlights prevention against black lung


Self rescuers should be withdrawn immediately: Mine Safety NSW


VIEW ALL STORIES

ENVIRONMENT 
Energy sector cautious over ALP climate plan


THE Australian Labor Party’s 2016 election pledge to re-instate a carbon price in the Australian economy with two new emissions trading schemes has been met with caution by the energy sector.
Full Story...


MORE ENVIRONMENT

Atmospheric ethane mystery solved


Duet builds landfill business


Alpha affiliate earns environmental recognition


VIEW ALL STORIES

EDUCATION 
UNSW launches definitive text book on underground coal mining


UNSW School of Mining Engineering and Australian Coal Association Research Program (ACARP) yesterday launched Professor Jim Galvin’s textbook, Ground Engineering, Principles and Practices for Underground Coal Mining and held a workshop on innovation and research needs for safe modern mining.
Full Story...



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