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29 August 2014
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Peabody terminates Tinkler deal


FORMER coal baron Nathan Tinkler’s chances of returning to Australia’s mining scene have become slimmer as Peabody Energy finally scrapped the agreement to sell the shelved Wilkie Creek mine to Tinkler’s Singapore-based Bentley Resources for $150 million.
Full Story...


Goldman confidence in Whitehaven grows


GOLDMAN Sachs has lifted its 12-month price forecast of Whitehaven Coal’s shares by 21% as it becomes more confident the Gunnedah Basin miner will meet its growth goals.
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More evidence of the positive turn in coal


IT HAS been a few years since anyone thought of the coal industry as a reasonable profit generator but when Hogsback saw the latest investment in coal by a pair of canny billionaires he was sure he caught a whiff of rising profits in the air.
Full Story...

News Wrap


IN THIS morning’s News Wrap: Whitehaven chief calls for pushback against ‘green imperialism’; Indian coal supply badly in need of competition; and Intrepid plans merger and $110m buyback.
Full Story...


Linc sells coal royalty stake to fund shale plays


INDIAN conglomerate Adani Group has lifted the profit-making potential of its Carmichael thermal coal project in Queensland’s Galilee Basin by acquiring Linc Energy’s royalty deed over the future mine for $A155 million cash.
Full Story...


Anglo Pacific to sell Panorama interest to Atrum


ANGLO Pacific Group has entered into a definitive agreement with Atrum Coal to sell its interest in the Panorama coal project in Canada.
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Kestrel rescue skills put to test in Poland


RIO Tinto’s Kestrel coal mine rescue team is in the final stages of training before facing off against the world’s best at the International Mines Rescue competition from September 6 to 13 in Poland.
Full Story...


Heavyweight ambitions


HIGHER haul speeds, simpler maintenance and greater availability is what Komatsu is offering with its 181 tonne payload 730E-8 truck.
Full Story...


WDS wins contracts worth $65M


TWO large contract wins, totalling $65 million, will broaden energy services provider WDS’ reach across the CSG sector.
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Ausdrill in the hole


AUSDRILL has recorded a loss for fiscal 2014, echoing supplier woes related to pinched exploration budgets in the mining industry over the year.
Full Story...


Wide range of BMT courses on offer


RISK management consultancy BMT Reliability Consultants has released its autumn training course program on asset acquisition and operations management.
Full Story...


Calibre diversification pays off


CALIBRE Group has recorded a 10.1% increase in profit over the 2014 financial year, attributing momentum to its strategy of diversification and broadening revenue streams.
Full Story...


Drill expert Roussy in line for Canadian award


THE Northern Ontario Institute of Technology has nominated Ray Roussy, developer of modern day sonic drilling technology and the president of the Sonic Drill Corporation, for the Ontario Premier’s award.
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Utah Point slated for sale


IN AN attempt to regain its triple-A credit rating, the Western Australian government is planning to sell the Utah Point bulk handling facility in Port Hedland.
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Pump solves CSG production issue


AN AUSTRALIAN technical services company has launched a device to extend the run life of pumps in Australian CSG wells.
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Yancoal gets expansion breakthrough


THE New South Wales Land and Environment Court yesterday determined that the Ashton South East open cut expansion had been approved, clearing way for the Yancoal mine to produce an extra 16.5 million tonnes of coal over seven years.
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Glencore finds a Donkin buyer


GLENCORE will finally exit the Donkin underground coal project in Canada’s Nova Scotia province under a deal with US coal investor, the Cline Group.
Full Story...


Whitehaven gains momentum


WHITEHAVEN Coal has reported a net loss of $A38.4 million during its Maules Creek project-building 2014 financial year, with two of its mines smashing their previous production records during the period.
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News Wrap


IN THIS morning’s News Wrap: mining jobs hit by 13% decline throughout WA; Maritime Union looks to expand battle with Chevron; and Papua New Guinea gains support in $1.4b Ok Tedi mine fund row.
Full Story...


Boggabri mine fined


IDEMITSU subsidiary Boggabri Coal has pleaded guilty to stockpiling coal at an unauthorised, abandoned quarry site near its namesake mine in New South Wales.
Full Story...


Delta sells gear to reduce debt


UNDERGROUND coal contractor Delta SBD Ltd has further reduced debt and improved its cash flow by selling equipment from the longwall mobile fleet and mining equipment assets.
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How to train your algorithm


A PROGRAM is being run with a mining player to help sharpen an algorithm that can help keep workers safer by predicting disasters. Supply Side, by Australia’s Mining Monthly editor Noel Dyson.
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New Larson stack lights for danger spots


LARSON Electronics has developed signal stack lights suitable for hazardous environments such as underground coal mines.
Full Story...


HOGSBACK 
More evidence of the positive turn in coal


IT HAS been a few years since anyone thought of the coal industry as a reasonable profit generator but when Hogsback saw the latest investment in coal by a pair of canny billionaires he was sure he caught a whiff of rising profits in the air.
Full Story...


MORE HOGSBACK

BHP Billiton’s coal-heavy spin-off has a whiff of Excel to it


The coal debate deserves a chapter in Alice in Wonderland


Hogsback explores the Beijing coal-fired power decision


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PROFESSIONAL PLACEMENTS 
SENIOR GEOTECHNICAL ENGINEER
Golder Associates are seeking a Senior Geotechnical Engineer to work within our Newcastle team specializing in Coal Mining.This is a rare opportunity to join an established and highly skilled team with a stable and long lasting client base within NSW, and opportunities to expand both domestically and internationally.
Full Story...



COAL COMPANY ACTIVITY 
Peabody terminates Tinkler deal


FORMER coal baron Nathan Tinkler’s chances of returning to Australia’s mining scene have become slimmer as Peabody Energy finally scrapped the agreement to sell the shelved Wilkie Creek mine to Tinkler’s Singapore-based Bentley Resources for $150 million.
Full Story...


MORE COAL COMPANY ACTIVITY

Goldman confidence in Whitehaven grows


Linc sells coal royalty stake to fund shale plays


Anglo Pacific to sell Panorama interest to Atrum


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Heavyweight ambitions


HIGHER haul speeds, simpler maintenance and greater availability is what Komatsu is offering with its 181 tonne payload 730E-8 truck.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

WDS wins contracts worth $65M


Ausdrill in the hole


Calibre diversification pays off


VIEW ALL STORIES

COAL MARKETS 
Australia outguns coking coal rivals


WHILE China’s total coking coal imports are continuing to decline, Australia’s exports of this commodity to China have grown this year as other nations struggle to compete.
Full Story...


MORE COAL MARKETS

Palmer apologises to China


Guildford’s maiden export delivery


India coal legality questioned by court


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R & D 
37 jobs go as coal-fired power station closes


THE brown coal-fuelled Energy Brix briquette factory and associated power station will close down next month but its owner HRL Ltd has flagged this could be a temporary measure.
Full Story...


SAFETY AND HEALTH 
Kestrel rescue skills put to test in Poland


RIO Tinto’s Kestrel coal mine rescue team is in the final stages of training before facing off against the world’s best at the International Mines Rescue competition from September 6 to 13 in Poland.
Full Story...


MORE SAFETY AND HEALTH

US safety body gives $8.3M for training


Keeping tabs on worker travels


Vic, NSW unite to spread safety message


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ENVIRONMENT 
Boggabri mine fined


IDEMITSU subsidiary Boggabri Coal has pleaded guilty to stockpiling coal at an unauthorised, abandoned quarry site near its namesake mine in New South Wales.
Full Story...


MORE ENVIRONMENT

Shining a light on new technology


Where will $5tr in fossil fuel divestment go: Bloomberg


RET review revealed, demand response momentum dwindles


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EDUCATION 
Wide range of BMT courses on offer


RISK management consultancy BMT Reliability Consultants has released its autumn training course program on asset acquisition and operations management.
Full Story...


MORE EDUCATION

How to train your algorithm


IMARC to facilitate Chinese investment


IMARC encourages indigenous inclusion


VIEW ALL STORIES


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'Perfect storm’ closes in on mining



Statistics of gloom



We’re not out of the woods quite yet



Resources profit, investment down



US energy players surge ahead in productivity










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