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29 March 2015
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Glencore to shut West Wallsend early


GLENCORE will close the West Wallsend longwall mine in New South Wales in mid 2016 – considerably ahead of the approved mine life to 2021 – impacting a workforce of about 300 that includes contractors.
Full Story...


Adani casts doubt on ‘elder’ claims


ADANI Mining says it is continuing negotiations with the indigenous Wangan and Jagalingou people despite recent press claims that this group wants to prevent the giant Carmichael coal project in Queensland from going ahead.
Full Story...


The return of balance to the coal market


CHINA down. India up. Those four words sum up for Hogsback the opposing views about coal today with each step forward offset by a step backward which, when you think about it, could mean that coal is more balanced than at any time in the past three years.
Full Story...
   CURRENT FOCUS FEATURES

Safety

Rock Solid initiative for resources

MSHA citations numbers drop over five-year period

China reduces coal fatalities

Qld inspector warns on vehicle management plans after fatality

Portable dissolved gas analyser helps track transformer health

Second fatality at Alpha

Findings on Ravensworth tragedy

Rock kills miner at Alpha operation

Blackwater mystery

Rollover fatality at BHP coal mine



  VIEW ALL STORIES on Safety




News Wrap


IN THIS morning’s News Wrap: Commodities markets ‘still a falling knife’; Rinehart steps up campaign against government costs; and former Leighton head Hamish Tyrwhitt joins Asia Resource Minerals as CEO.
Full Story...


Divestment drivers debunked


DIVESTMENT advocates have over-reached in diagnosing the cause of coal’s price malaise – an issue that will likely climax leading up to the United Nations’ critical COP21 forum in Paris this December.
Full Story...


Fitzroy punter ups stake to 12%


MIRABELA Nickel and Panoramic Resources co-founder Craig Ian Burton has lifted his stake of Australia-listed West Virginia coking coal explorer Fitzroy Resources from 7.36% to 12.21%.
Full Story...


Progress on reef protection pre-empts report: Roche


A DREDGING report released this week reveals how much work has been done to protect the Great Barrier Reef since the report was commissioned more than 12 months ago by the Great Barrier Reef Marine Park Authority (GBRMPA) and the Australian Institute of Marine Science (AIMS), says Queensland Resources Council CEO Michael Roche.
Full Story...


Second LNG wave to hit Oz by 2018


AUSTRALIA will experience a new LNG investment cycle as soon as 2018, just as the current group of mega-projects in Queensland, Darwin and Western Australia go online, according to emerging Norwegian oil and gas consultancy Rystad Energy.
Full Story...


Offshore workers in limbo after Cash humbled


THE Abbott government’s bad run has continued with the Federal Court rejecting what the Maritime Union of Australia calls an “underhand means of deploying visas for foreign workers”, overturning a ministerial determination introduced by Assistant Immigration Minister Michaelia Cash as invalid, putting the jobs of 400 workers at risk.
Full Story...


Schlumberger fined $US232M for working with Iran, Sudan


LEADING oil services company Schlumberger was fined $US232.71 million ($A297 million) after it pleaded guilty to violating US sanctions by doing business with Iran and Sudan.
Full Story...


Burkina and Zambia: working through the challenges


TWO of Africa’s most popular mining countries – Burkina Faso and Zambia – have had international spotlights firmly on them over recent months as they navigate governmental upheaval. African Angle, by Barry Avery
Full Story...


Qld to lead way to ‘get fit for $50’


DELOITTE national director for oil and gas Geoffrey Cann believes Queensland will lead the way in showing the oil world how to “get fit” for the new $50/barrel oil price environment.
Full Story...


Shale death greatly exaggerated


ANALYSTS continuing to write off unconventionals despite the current depressed oil price environment do so at their peril, according to energy consultancy Wood Mackenzie.
Full Story...


EIA investment cuts warning for future production


GLOBAL spending on upstream investments was 12% lower Q4 2014 compared to the same period in 2013, the US Energy Information Administration revealed, prompting a warning on the prolonged effects of decreased investment on longer-term production rates.
Full Story...


Indians jump on weaker HCC pricing


INDIAN steelmakers have reportedly settled June quarter premium hard coking coal prices at $US109.5 a tonne with Australian producers, while US exporters of the commodity have struck a price deal of $100/t.
Full Story...


Wallarah 2 comes out fighting against Foley


KORES’ Wallarah 2 Coal project has attacked New South Wales Opposition Leader Luke Foley’s plan to introduce special legislation to permanently ban the $1 billion coal project as “disastrous for jobs and investment” on the state’s Central Coast.
Full Story...


Margin pressure worsens as Newcastle spot prices dive


SPOT Newcastle thermal coal prices have sunk to a GFC-era low of $US55.80 a tonne free on board this week while an outlook for the Chinese thermal coal market this quarter was deemed “bleak”.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Abbott government resists US moves against coal power; ACCC guns for Andrew Forrest over call for iron ore ‘cartel’; and Ivanhoe's ‘toxic Bob’ Friedland turns green.
Full Story...


China now a two-speed economy


JP Morgan Chase & Co managing director and vice chairman of Asia Pacific Jing Ulrich said the current Chinese growth rate may be below 7%.
Full Story...


Sino writedown hits CITIC


A HEAVY writedown on the Sino Iron magnetite project in Western Australia has weighed on the financial results of Chinese conglomerate CITIC.
Full Story...


The rise of the geeks


IT IS a frightening thought but one of the sexiest job titles of the coming years is likely to be “data scientist”. It’s enough to have Supply Side by Australia’s Mining Monthly editor Noel Dyson wondering what the world is coming to.
Full Story...


WDS resolves differences with APLNG


WDS says it has resolved a number of outstanding claims with the Australia Pacific LNG joint venture – which follows a loss of work from APLNG last year following a workplace fatality.
Full Story...


Trial looms for fallen Massey leader


FORMER Massey Energy CEO Don Blankenship has again pleaded not guilty to various federal charges relating to the Upper Big Branch disaster while he attempts to shift the jurisdiction of the case ahead of the trial due next month.
Full Story...


HOGSBACK 
The return of balance to the coal market


CHINA down. India up. Those four words sum up for Hogsback the opposing views about coal today with each step forward offset by a step backward which, when you think about it, could mean that coal is more balanced than at any time in the past three years.
Full Story...


MORE HOGSBACK

What Abbot Point port deal means for Galilee Basin coal projects


The crisis in US coal


The time for tough decisions in coal industry


VIEW ALL STORIES







LONGWALL LARRIKINS 
Longwall Larrikin


CHRIS Rogers has worked as a project manager with Mastermyne as well as working for 12 years in the UK mining industry, predominantly with British Coal.
Full Story...


MINE ACTIVITY 
Glencore to shut West Wallsend early


GLENCORE will close the West Wallsend longwall mine in New South Wales in mid 2016 – considerably ahead of the approved mine life to 2021 – impacting a workforce of about 300 that includes contractors.
Full Story...


COAL COMPANY ACTIVITY 
Adani casts doubt on ‘elder’ claims


ADANI Mining says it is continuing negotiations with the indigenous Wangan and Jagalingou people despite recent press claims that this group wants to prevent the giant Carmichael coal project in Queensland from going ahead.
Full Story...


MORE COAL COMPANY ACTIVITY

Fitzroy punter ups stake to 12%


Sino writedown hits CITIC


Trial looms for fallen Massey leader


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Schlumberger fined $US232M for working with Iran, Sudan


LEADING oil services company Schlumberger was fined $US232.71 million ($A297 million) after it pleaded guilty to violating US sanctions by doing business with Iran and Sudan.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

The rise of the geeks


WDS resolves differences with APLNG


PPK overhauls Coaltrams in ‘record time’


VIEW ALL STORIES

COAL MARKETS 
Divestment drivers debunked


DIVESTMENT advocates have over-reached in diagnosing the cause of coal’s price malaise – an issue that will likely climax leading up to the United Nations’ critical COP21 forum in Paris this December.
Full Story...


MORE COAL MARKETS

Offshore workers in limbo after Cash humbled


Qld to lead way to ‘get fit for $50’


Indians jump on weaker HCC pricing


VIEW ALL STORIES

SAFETY AND HEALTH 
Rock Solid initiative for resources


SUPPORT groups Mining Family Matters and Wesley Mission have joined forces in the fight against suicide in the resources industry, launching the Rock Solid prevention program.
Full Story...


MORE SAFETY AND HEALTH

MSHA citations numbers drop over five-year period


Qld inspector warns on vehicle management plans after fatality


Portable dissolved gas analyser helps track transformer health


VIEW ALL STORIES

ENVIRONMENT 
Progress on reef protection pre-empts report: Roche


A DREDGING report released this week reveals how much work has been done to protect the Great Barrier Reef since the report was commissioned more than 12 months ago by the Great Barrier Reef Marine Park Authority (GBRMPA) and the Australian Institute of Marine Science (AIMS), says Queensland Resources Council CEO Michael Roche.
Full Story...


MORE ENVIRONMENT

World first for remote area solar


Industry, government share blame for NSW quagmire


Cheap hydrogen could unlock markets


VIEW ALL STORIES

EDUCATION 
Diggers unveils 2015 keynote


ONE of US President Barack Obama’s key economic advisors has been named as the keynote speaker for this year’s Diggers and Dealers Mining Forum in Kalgoorlie.
Full Story...



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