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28 January 2015
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Peabody loss widens, despite gallant Aussie effort


A CONCERTED effort to bring down production costs at Peabody Energy’s Australian operations could not stop a decline in the company’s 2014 profitability with falling coal prices and an organisational restructure program crunching margins.
Full Story...


Cockatoo’s tough ask


COCKATOO Coal has extended its funding-related trading halt, which started in mid-November, by another week with Mine Life senior resources analyst Gavin Wendt concluding that financiers still consider coal to be a four-letter dirty word.
Full Story...


2015 a make or break year for coal


THE UN’s COP21 (Conference of Parties) in Paris will make 2015 a year of special strategic importance to the coal industry as it makes its case for the sustainable use of coal and cleaner coal technologies as part of the global mitigation strategy – rather than being seen as part of the problem.
Full Story...
   CURRENT FOCUS FEATURES

Queensland

Anglo’s Aussie coal mine sale

Colton a ‘test case’

Price slippage for Wesfarmers

Hunt seeks to prevent Reef being classified ‘in danger’

Qld gives miners access to Artesian water

The other Indian problem in Australian coal

Newman govt struggles with New Hope links

Industry group demands ALP policy on unlocking Galilee Basin

QRC hits back at Jones

CCF scorns Qld majors


  VIEW ALL STORIES on Queensland




News Wrap


IN this morning’s News Wrap: Funds not tempted by iron ore price drop; Port of Gladstone first asset in LNP sale; and Lachlan Fold close to yielding another mine.
Full Story...


Damages awarded in ‘religious discrimination’ case


A former Consol Energy worker was awarded $US150,000 ($A189,000) in damages after a US court found he was forced to resign over his religious opposition to the handscanning technology used at the Mannington coal mine in West Virginia.
Full Story...


Warzone mine scare


UKRAINE’s war-torn Donetsk region avoided a disaster on Monday with nearly 500 coal miners successfully evacuated from the Zasyadko underground coal mine after it lost power due to an artillery barrage.
Full Story...


Changing patterns of corporate behaviour in oil


UNLIKELY as it might sound but the oil sector slowdown is accelerating as part of what Slugcatcher sees as the start of a change in the industry’s behaviour that could also include a burst of merger and acquisition activity – and a trip back to the future.
Full Story...


Ex-Telstra exec tipped for Leighton role


THE $2.2 billion per annum joint venture between Leighton Holdings’ services business and US-fund Apollo Global Management is likely to be run by telecommunications finance executive David Moffatt.
Full Story...


Johansen to quit Bandanna board


BANDANNA Energy director Robert Johansen has joined chairman John Pegler in resigning from the board of the company which is now in administration.
Full Story...


Skilled rejects Programmed approach


AS expected, Skilled Group has rejected December’s “merger of equals” proposal from rival Programmed Maintenance Services to create a $700 million services behemoth.
Full Story...


Aussies recognised for services to mining


THREE Australians were acknowledged in the Australia Day 2015 Honours List for services to the mining industry.
Full Story...


WorleyParsons wins in tough environment


AUSTRALIA’S WorleyParsons has secured a new $135 million contract to provide fabrication, modularisation and construction services with a major exploration and production company in Canada to construct a significant oil sands mining project.
Full Story...


Indian nuclear breakthrough amid emissions hype


US PRESIDENT Barrack Obama’s recent trip to India has resulted in a “nuclear energy breakthrough” amid promises on the fronts of renewable energy and carbon emissions reduction.
Full Story...


UK shale cops body blow


THE UK has reversed last year’s decision to allow hydraulic fracturing in national parks amid fears the practice would increase the country’s carbon emissions.
Full Story...


Anglo’s Aussie coal mine sale


ANGLO American says its portfolio is still under review in response to press speculation that it will sell four Australian coal mines under a $US3 billion ($A3.7 billion) divestment plan.
Full Story...


Colton a ‘test case’


NEW Hope’s Colton hard coking coal project is facing a Land Court challenge by a Queensland activist group which opposes near-coastal mine development.
Full Story...


Price slippage for Wesfarmers


METALLURGICAL coal demand remains weak, with Wesfarmers flagship Curragh mine striking March quarter contracts at an average price 1% lower than the previous quarter.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Oil price dive may wipe $30 billion off LNG exports; Rio boss calls for workplace reform; and Alcoa Australia refuses to be tempted by bauxite boom.
Full Story...


‘Bat Attack’ at Maules Creek


FRONT Line Action on Coal is organising a six-day gathering at the Maules Creek coal mine site in New South Wales Gunnedah that is aiming to build a “creative resistance to defend habitat, climate and communities from coal expansion”.
Full Story...


APPEA wants more workplace reforms


AUSTRALIA’S upstream industry says the Productivity Commission’s review of Australia’s workplace relations framework does not go far enough and further reform is required to protect major capital investments including multi-billion dollar LNG projects.
Full Story...


Hunt seeks to prevent Reef being classified ‘in danger’


FEDERAL Environment Minister Greg Hunt is travelling to Europe this week in a desperate attempt to stop the Great Barrier Reef being placed on the “in danger’ list by the UNESCO World Heritage Committee.
Full Story...


Right of entry reforms ‘modest, balanced’: ACCI


THE Australian Chamber of Commerce and Industry has rubbished the ACTU’s recent calls to shelve four government workplace reform bills currently before the Senate that include controversial right of entry reforms relating to the resources and construction sectors.
Full Story...


Australian LNG and the importance of human capital


WHILE the companies in charge of Australia’s various LNG projects are advancing in their strategies for managing staffing requirements in the transition from the construction to operations phase, there is still a perceived need to have overseas workers in the mix.
Full Story...


HOGSBACK 
The other Indian problem in Australian coal


QUEENSLAND is not the only Australian state where the coal industry is wondering what game is being played by Indian investors, with Hogsback watching curious developments in the case of an Indian company operating in Western Australia’s coalfields.
Full Story...


MORE HOGSBACK

Coal deals and the deeper commodity correction


Weighing Glencore’s coal mining suspension experiment


Coal’s green shoots


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...


MORE LONGWALL LARRIKINS

Longwall Larrikin


Longwall Larrikin


VIEW ALL STORIES

COAL COMPANY ACTIVITY 
Peabody loss widens, despite gallant Aussie effort


A CONCERTED effort to bring down production costs at Peabody Energy’s Australian operations could not stop a decline in the company’s 2014 profitability with falling coal prices and an organisational restructure program crunching margins.
Full Story...


MORE COAL COMPANY ACTIVITY

Cockatoo’s tough ask


Johansen to quit Bandanna board


Anglo’s Aussie coal mine sale


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Ex-Telstra exec tipped for Leighton role


THE $2.2 billion per annum joint venture between Leighton Holdings’ services business and US-fund Apollo Global Management is likely to be run by telecommunications finance executive David Moffatt.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Skilled rejects Programmed approach


WorleyParsons wins in tough environment


Macmahon CEO Carroll quits


VIEW ALL STORIES

COAL MARKETS 
2015 a make or break year for coal


THE UN’s COP21 (Conference of Parties) in Paris will make 2015 a year of special strategic importance to the coal industry as it makes its case for the sustainable use of coal and cleaner coal technologies as part of the global mitigation strategy – rather than being seen as part of the problem.
Full Story...


MORE COAL MARKETS

Warzone mine scare


UK shale cops body blow


APPEA wants more workplace reforms


VIEW ALL STORIES

R & D 
Innovation key among Deloitte top trends


AN innovative approach to the challenges currently facing the mining sector will be critical in the survival and success of miners in 2015, according to Deloitte Access Economics.
Full Story...


SAFETY AND HEALTH 
MSHA succeeds in lowering dust levels in mines


THE yearly average of respirable dust levels of designated mining occupations in underground coal mines in the US has fallen every year since the Mine Safety and Health Administration launched its “End Back Lung – Act Now” campaign in 2009.
Full Story...


MORE SAFETY AND HEALTH

CFMEU slammed over meth-spiking defence


Boot masters


No place for drugs on mines: AMMA


VIEW ALL STORIES

ENVIRONMENT 
‘Bat Attack’ at Maules Creek


FRONT Line Action on Coal is organising a six-day gathering at the Maules Creek coal mine site in New South Wales Gunnedah that is aiming to build a “creative resistance to defend habitat, climate and communities from coal expansion”.
Full Story...


MORE ENVIRONMENT

Hunt seeks to prevent Reef being classified ‘in danger’


AGL clear in fraccing fiasco


Qld gives miners access to Artesian water


VIEW ALL STORIES

EDUCATION 
Clough seeks to up-skill workers


ENGINEERING and project services company Clough has launched a new program to help develop the critical project management skills that it believes are core to the success of the business.
Full Story...


MORE EDUCATION

Course looks to develop leaders


Wills on Walls: Dealing with the AFC creep


VIEW ALL STORIES


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