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Tuesday
21 October 2014
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China’s coal reliance remains: Woodmac


CHINA’s air quality-driven plans to cut high ash and sulphur coal imports do not spell the end for coal, according to Wood Mackenzie analysts.
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AMCI builds war chest


AMCI, the private coal and iron or giant founded and led by billionaire Hans Mende, is trying to raise up to $800 million for a new mining fund.
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Centennial advances logistics project


CENTENNIAL Coal’s Northern Coal Logistics project, which will considerably ramp up the amount of coal that can be hauled via private roads from its operations near Lake Macquarie, has entered the state exhibition phase of its greentape journey.
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News Wrap


IN THIS morning’s News Wrap: Metgasco boss blasts NSW government suspension decision; Western Australia’s doing it tough, says Kerry Stokes; and Mincor switches to diesel from costly gas.
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Dryblower on the ANU’s divestment policy and financial loss


THE Australian National University is a little poorer today, and by that Dryblower does not mean poorer in an academic sense, he means financially poorer because last week’s divestment debacle had a financial as well as a reputational cost.
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Warning on EITI transparency burden


AUSTRALIA’S mining, oil and gas industries has given its blessing to the next stage of Australia’s Extractive Industries Transparency Initiative within its resources sector, with the caveat that it doesn’t create a further nightmare for industry or bureaucrats themselves.
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Ausdrill slumps on outlook


CONTRACTOR Ausdrill has emerged from a trading halt to announce that it expects its 2015 financial year performance to be weaker than first thought and flagged potential impairments.
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Downer swallows Tenix


IT WAS with some sadness that family-owned Tenix Holdings was bought out by construction contractor Downer Group for $300 million on a cash and debt-free basis – though the new owner said it was an “excellent strategic fit”.
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‘Diseconomies of scale’ plague post-supercycle scene


AN ambitious new report by Ernst & Young has identified “diseconomies of scale” as a major driver of diminished productivity in the global mining sector.
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RST develops new dust suppressant


REYNOLDS Soil Technologies (RST) has released its Generation 2 heavy water dynamic micro-polymer additive which functions as a dust suppressant, water extender, compaction aid and veneering agent.
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Pipeline future a gas, gas, gas


ITS immediate outlook may not be Jumping Jack Flash but the pipeline sector knows its future is in gas, gas, gas.
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WA fraccing gets nod from EPA


WESTERN Australia’s independent Environmental Protection Authority has given its blessing to hydraulic fracturing for small-scale, proof of concept proposals – with caveats about mishaps.
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Peabody’s Rusnack named outstanding director


BILL RUSNACK, a member of the Peabody Energy board of directors, has been named a recipient of the St Louis Business Journal’s third annual Outstanding Directors Awards.
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Exploration modelling to get 10 times faster


CRUNCHING and modelling geophysical data takes time, and time is money. That’s why Australian researchers have figured out a way to dramatically speed up the process.
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Qld mining software company wins award


BRISBANE-based company Deswik has been awarded the Dermot McManus Award for Leadership and Innovation at the Premier of Queensland’s Export Awards.
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QRC slams anti-coal conspirator


THE Queensland Resources Council has called for the The Australia Institute to reveal its secret funders following the self-touted think tank’s recent report which downplayed the economic significance of the coal industry to the sunshine state.
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Near-disaster canoe protest


A 226m COAL carrier vessel narrowly avoided running over 40 climate change protesters in Newcastle’s harbour on Friday morning, the local newspaper reported.
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No more scabs


THE High Court has dismissed a union appeal over a Saraji coal mine worker who was fired by BHP Billiton for using the derogatory term “scabs” on a sign during an industrial relations campaign in 2012.
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News Wrap


IN THIS morning’s News Wrap: Iron ore price constrained by output surge; disagreement over resources blacklist continues; and BHP, Rio Tinto not anti-competitive, says Sims.
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Derivatives volume up in coal trade


THE YEAR 2014 is proving to be a watershed one, with coking coal volumes being traded worldwide growing quickly, according to the Steel Index.
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O’Connor appointed to Stanmore board


STANMORE Coal has appointed Patrick O’Connor as an independent non-executive director, effective immediately.
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$5M fines for NSW companies that breach planning rules


NSW will soon have the toughest planning law penalties in the country, after Minister for Planning Pru Goward announced increases in penalties for breaches to $5 million for companies and $1 million for individuals.
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$250M valuation for Carbon’s Surat assets


ONE of the most advanced underground coal gasification companies in Australia, Carbon Energy, which is waiting for state government approval to get its first commercial plant up in Queensland, has received $250 million valuation of its Surat Basin gas assets.
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HOGSBACK 
Hogsback and the return of the mining tax


IF YOU like scary movies Hogsback suggests you get ready for Mining Tax, The Sequel.
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MORE HOGSBACK

An inconvenient truth confronting renewables


The punishing impact of the rising US dollar


The renewables basket case


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MINE ACTIVITY 
Broadmeadow ramp up


BHP Billiton Mitsubishi Alliance is targeting 6.7 million tonnes per annum of production from its Broadmeadow mine in Queensland which started longwall top coal caving operations last year.
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COAL COMPANY ACTIVITY 
AMCI builds war chest


AMCI, the private coal and iron or giant founded and led by billionaire Hans Mende, is trying to raise up to $800 million for a new mining fund.
Full Story...


MORE COAL COMPANY ACTIVITY

Centennial advances logistics project


Peabody’s Rusnack named outstanding director


Exploration modelling to get 10 times faster


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OEM/SUPPLIER ACTIVITY 
Ausdrill slumps on outlook


CONTRACTOR Ausdrill has emerged from a trading halt to announce that it expects its 2015 financial year performance to be weaker than first thought and flagged potential impairments.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Downer swallows Tenix


RST develops new dust suppressant


Pipeline future a gas, gas, gas


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COAL MARKETS 
China’s coal reliance remains: Woodmac


CHINA’s air quality-driven plans to cut high ash and sulphur coal imports do not spell the end for coal, according to Wood Mackenzie analysts.
Full Story...


MORE COAL MARKETS

Dryblower on the ANU’s divestment policy and financial loss


Warning on EITI transparency burden


Downer swallows Tenix


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R & D 
Mining must build on social licence: CSIRO


THE mining sector needs to work harder on community acceptance, trust and support, the CSIRO has found.
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MORE R & D

Rio software gives deposit an ‘ultrasound’


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SAFETY AND HEALTH 
WDS loses APLNG work after fatal accident


ENERGY and mining services group WDS is believed to have recently lost further work with the Origin Energy-led Australia Pacific LNG project.
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MORE SAFETY AND HEALTH

Black Diamond to be gazetted as abandoned


Aurizon knocked by triple fatality


Life-risking rescue at BMA mine


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ENVIRONMENT 
WA fraccing gets nod from EPA


WESTERN Australia’s independent Environmental Protection Authority has given its blessing to hydraulic fracturing for small-scale, proof of concept proposals – with caveats about mishaps.
Full Story...


MORE ENVIRONMENT

$5M fines for NSW companies that breach planning rules


Divestment the equivalent of trade sanctions


Boyce honoured for stand against energy inequality


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EDUCATION 
New CSIRO chief announced


TECHNOLOGY innovator Dr Larry Marshall has been announced as incoming chief executive of the CSIRO, replacing Dr Megan Clark.
Full Story...


MORE EDUCATION

Mining hub opens in Perth


A personal focus


Woodside’s $10m boost for UWA engineers


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