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Tuesday
31 March 2015
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Mastermyne to vote on DMS financing


UNDERGROUND contractor Mastermyne will hold a general meeting on Thursday that will allow shareholders to vote on financing arrangements for the company’s acquisition of Diversified Mining Services.
Full Story...


Yancoal fires up after efficiency news


YANCOAL Australia’s share price has rocketed by more than 140% in the last week after the Australian coal producer reported further operational efficiencies at its New South Wales and Queensland operations.
Full Story...


WDS looks further afield after Eagles Downs setbacks


CONTRACTOR WDS remains committed to its energy and mining businesses over the next two years but will be deploying its skill set and experience into the civil infrastructure, maintenance services and waste water sectors.
Full Story...
   CURRENT FOCUS FEATURES

Safety

Good record not enough: NMA

Bullying, safety concerns face Qld coal

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



  VIEW ALL STORIES on Safety


UPCOMING FOCUS FEATURES

APRIL : COAL PREP


News Wrap


IN THIS morning’s News Wrap: BHP urges Productivity Commission to limit industrial action; Asian giants want majority stakes in Australian LNG projects; and Macmahon woes put lenders on high alert.
Full Story...


No clear post-election mandate in CSG fight


WHILE the Greens may claim a moral victory for their anti-CSG efforts at the weekend’s New South Wales state election – and the fact they now hold four seats in the state’s parliament is an impressive victory – the win will not be the one that puts the nail into the CSG coffin as they claim.
Full Story...


Baird wins but coal, power privatisation under the spotlight


NEWLY-elected New South Wales Premier Mike Baird feels confident his poles and wires legislation will make it through it through the Upper House despite the NSW Greens winning key seats and Labour gaining nine seats after Saturday’s State elections.
Full Story...


Miner families forced out of Mackay: union


COMPULSORY fly-in fly-out policies by miners resulted in families being forced to leave Mackay and surrounding areas to keep their jobs, a union-organised Queensland community forum was told yesterday.
Full Story...


Orpheus seeks to scare up cash


FORMER Indonesian coal miner Orpheus Energy is getting tough with the millionaire it sold its assets to in April 2014, claiming that Nugroho Suksmanto has not paid a single cent beyond the initial $US350,000 ($A455,000) deposit since the deal reached approved by shareholders last August.
Full Story...


Qld CSG Royal Commission call


A SENATE inquiry has recommended a Royal Commission into the human impacts of CSG mining and that the federal environment minister declare a moratorium on any new approvals of CSG in Queensland until an investigation is completed and reports back to the Senate.
Full Story...


Duke CEO’s pay cut post-spill


DUKE Energy CEO Lynn Good’s pay has been docked about $US600,000 ($A775,980) in the aftermath of last year’s epic North Carolina coal ash spill which led to the company being slugged an “unprecedented” fine.
Full Story...


Good record not enough: NMA


THE US still has a way to go before it reaches its goal of zero fatalities despite 2014 being the safest year to date for the nation’s coal mining industry, according to the US National Mining Association’s Bruce Watzman.
Full Story...


WA dominates resources spend


INVESTMENT in Western Australia’s petroleum sector increased nearly 12% last year over 2013, with the state’s crude oil, condensate, LNG, natural gas and LPG valued at $27.6 billion in 2014. This helped WA account for more than half the nation’s resources industry spend.
Full Story...


Industry embraces WA rehab fund


WESTERN Australia’s mining rehabilitation fund achieved almost full compliance over 2014, with data from just 34 of the state’s 22,000 tenements not submitted to the government.
Full Story...


Transurban launches road study


TRANSURBAN has announced that it will undertake a one-year study into better approaches to funding and investing in transport infrastructure.
Full Story...


Bullying, safety concerns face Qld coal


SAFETY standards are slipping while there is a rise in workplace bullying in the downturn-hit Queensland coal industry, according to a union official.
Full Story...


Debt concerns for mining suppliers


ACCORDING to the Reserve Bank of Australia, the risk of some of Australia’s mining services companies defaulting on their debt has grown.
Full Story...


Labor reclaims NSW coal mining heartland


NEW South Wales premier Mike Baird has been returned to power in the election over the weekend despite his pledge to privatise the power network to pay for infrastructure but seats in the coal mining heartland of the Hunter Valley have reverted to Labor following corruption watch dog hearings.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Orica in for an explosive ride following CEO dumping; iron ore price slides again as $US30 named ‘breaking point’ for miners; and Rio Tinto to axe highly paid M&A team as cutbacks deepen.
Full Story...


Whitehaven seals $1.4 billion financing deal


WHITEHAVEN Coal has financially closed its new $A1.4 billion finance facility from a syndicate of local and international banks.
Full Story...


Tough year ahead as Cat keeps trucking on


CATERPILLAR has emerged from a 2014 battered but glowing in the light of its fourth consecutive year of having gained market share and the second straight year of having higher percentage of dealer deliveries financed through its Cat Financial arm.
Full Story...


Japan courts anger over coal ‘climate’ funding


COAL’S claim to be part of the climate solution rather than the problem via ultra-modern, high-efficiency thermal plants is being sorely tested as Japan faces mounting protests for funnelling $US1 billion ($A1.28 billion) earmarked for “climate finance” for plants in Indonesia alone – and more on the way in India and Bangladesh.
Full Story...


Kangaroo’s hefty impairment


THE coal downturn and regulatory uncertainty have caused Indonesian coal-focused Kangaroo Resources to flag a post-tax impairment of up to $135 million.
Full Story...


Forum on commuting workforces in the mining industry


THE Construction Forestry Mining and Energy Union is convening a broad forum of community representatives in Mackay today to discuss compulsory FIFO, local jobs and the mining industry’s engagement with regional communities and local businesses.
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 
Yancoal fires up after efficiency news


YANCOAL Australia’s share price has rocketed by more than 140% in the last week after the Australian coal producer reported further operational efficiencies at its New South Wales and Queensland operations.
Full Story...


MORE COAL COMPANY ACTIVITY

Orpheus seeks to scare up cash


Duke CEO’s pay cut post-spill


Whitehaven seals $1.4 billion financing deal


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Mastermyne to vote on DMS financing


UNDERGROUND contractor Mastermyne will hold a general meeting on Thursday that will allow shareholders to vote on financing arrangements for the company’s acquisition of Diversified Mining Services.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

WDS looks further afield after Eagles Downs setbacks


Transurban launches road study


Tough year ahead as Cat keeps trucking on


VIEW ALL STORIES

COAL MARKETS 
Baird wins but coal, power privatisation under the spotlight


NEWLY-elected New South Wales Premier Mike Baird feels confident his poles and wires legislation will make it through it through the Upper House despite the NSW Greens winning key seats and Labour gaining nine seats after Saturday’s State elections.
Full Story...


MORE COAL MARKETS

Miner families forced out of Mackay: union


Qld CSG Royal Commission call


Industry embraces WA rehab fund


VIEW ALL STORIES

R & D 
Give it to the brainiacs


EXCITING and innovative solutions to industry challenges emerged at last weekend’s Hackathon in Perth, marking a successful start to the year for the technology start-up event as it goes national.
Full Story...


SAFETY AND HEALTH 
Good record not enough: NMA


THE US still has a way to go before it reaches its goal of zero fatalities despite 2014 being the safest year to date for the nation’s coal mining industry, according to the US National Mining Association’s Bruce Watzman.
Full Story...


MORE SAFETY AND HEALTH

Bullying, safety concerns face Qld coal


Forum on commuting workforces in the mining industry


Rock Solid initiative for resources


VIEW ALL STORIES

ENVIRONMENT 
No clear post-election mandate in CSG fight


WHILE the Greens may claim a moral victory for their anti-CSG efforts at the weekend’s New South Wales state election – and the fact they now hold four seats in the state’s parliament is an impressive victory – the win will not be the one that puts the nail into the CSG coffin as they claim.
Full Story...


MORE ENVIRONMENT

Industry embraces WA rehab fund


Progress on reef protection pre-empts report: Roche


World first for remote area solar


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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