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Wednesday
29 July 2015
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Aussie mines to spearhead Peabody cost cutting regime


DESPITE Peabody Energy’s second quarter costs from its Australian coal mines improving by 28% to $US52 per ton, the company will now retrench another 300 workers.
Full Story...


Cattle Dog: Gaining development metres no laughing matter


Cattle Dog, aka ICN magazine's columnist Jim Curtis, says the mining industry has some great comedians who we’ve all heard delivering the excellent one liner, that leaves you thinking “I wish I had said that”.
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BGC bullish on coal


BGC Contracting has signalled its long-term bullish outlook on the coal sector through a joint venture with DRA Pacific to provide engineering, procurement, construction, operations and maintenance services – along with the critical ingredient of funding.
Full Story...

News Wrap


IN THIS morning’s News Wrap: China may further toughen restrictions on coal imports; Joyce failed to seek details on Shenhua coal mine, inquiry hears; and why BHP Billiton is being hit so hard.
Full Story...


FWC keeps overtime at Collie


THE Fair Work Commission has handed down a decision which will protect overtime for coal workers at Griffin Coal’s Collie mine in Western Australia.
Full Story...


Clinton declares war on fossil fuels


US Democratic presidential hopeful Hillary Clinton has pledged to have more than half a billion solar panels installed nationwide within four years of taking office, as part of a push to shift the US energy generating capacity to solar and wind.
Full Story...


Balamara to expand Mariola


EUROPEAN coal developer Balamara Resources has been awarded what it calls a valuable coal concession, “Mariola 2”, just 4km from its existing Mariola thermal coal project in southeast Poland.
Full Story...


Atrum funded for anthracite ambitions


ATRUM Coal is seeking to raise up to $6 million in new capital as part of a fully-underwritten offer to enhance the value of its Groundhog anthracite project, Canada.
Full Story...


Training for a new world


Increasingly the mining industry must face the environmental and social challenges of operating in a climate of competing land uses and increased community awareness of these issues. Queensland University has introduced training that prepares mining professionals for these challenges.
Full Story...


SunCoke enters export market


US-BASED SunCoke Energy partners has entered into an agreement with The Cline Group to secure the Convent marine terminal in Louisiana for $US412 million ($A564 million) expanding SunCoke’s coal logistics business and moving it into the coal handling export business for the first time.
Full Story...


WA FIFO drug, alcohol counselling line


A HELPLINE for counselling on alcohol and drug use is now available for West Australian fly-in, fly-out workers and their families.
Full Story...


Flexco’s much-needed innovation


Flexco’s Australian engineers have come up with a conveyor solution for the country’s coal and iron ore players at the best possible time, as the sectors suffer under depressed commodity price environments.
Full Story...


Anglo’s Grosvenor tunnels for the future


Anglo American’s decision to use a tunnel boring machine for the drift of its $1.95 billion Grosvenor project in Queensland’s Bowen Basin has paid off for the company.
Full Story...


Teck flags more met coal cuts


TECK Resources, which last revealed plans to cut metallurgical coal output in late May, has flagged more output cuts in the December quarter if market conditions fail to improve.
Full Story...


BMA faces September quarter production challenge


THE BHP Billiton Mitsubishi Alliance will be squeezing more hard coking coal production out if its new star performer in central Queensland – Caval Ridge – in the September quarter to compensate for a hiatus in production during the quarter due to longwall moves and the winding down of the Crinum mine.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Whitehaven urges stiffer action against illegal protesters; going broke in coal mining is hard to do, says BHP Billiton; and safety concerns stack up at Roy Hill.
Full Story...


CFMEU tactics could cost Oz coal exports $110M


A CONSTRUCTION, Forestry, Mining and Energy Union scare-mongering campaign could delay the China Australia Free Trade Agreement and cost Australia’s coal export trade up to $110 million risks giving Indonesian exporters an unexpected boost, the Minerals Council of Australia says.
Full Story...


Shenhua’s $US1B wind plan


CONTROVERSIAL Chinese coal miner Shenhua Group, which is planning to construct a massive coal mine on the Liverpool Plains farming district in New South Wales, is reportedly considering spinning off its wind farm business in Hong Kong.
Full Story...


Newcastle rallies against planning changes


HUNDREDS of mine workers, businesses and their families rallied against a proposed planning change in Newcastle, New South Wales, yesterday they fear would hamper regional economic benefits from mining-related developments.
Full Story...


US coal volumes to drop


CSX Corporation expects domestic US coal volumes to decline by about 10% this year, the Florida-based transportation company said in its latest quarterly.
Full Story...


A Pint With... Richard Rossiter


Realm Resources chair Richard Rossiter began his career as a geologist in South Africa then went into management roles and joined the financial sector as a mining analyst. He then set up a consultancy and joined a number of public company boards. He spoke with Lou Caruana
Full Story...


Downer partners with Bowen Basin Mining Club


DOWNER Mining has signed up as the Bowen Basin Mining Club’s principal sponsor for 2015-2016 as the industry seeks to forge close working relationships amid this difficult mining environment.
Full Story...


Obama the ‘destroyer’


FIREBRAND Murray Energy CEO Robert Murray has declared second-term president Barack Obama the USA’s great destroyer for his attempts to reduce greenhouse gas emissions from coal-fired power plants.
Full Story...


HOGSBACK 
Hogsback on the migration of mining


BIRDS migrate, and so does mining, a concept which Hogsback once found ridiculous until he studied the history of mining with lessons learned many years ago flooding back this week thanks to the latest political attacks on Australia’s coal industry.
Full Story...


MORE HOGSBACK

The Watermark koala


The profitless growth of coal industry


The start of coal games


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MINE ACTIVITY 
Redundancies rock Austar, Abel


AUSTAR’s pioneering use of longwall top coal caving technology is over as it officially becomes a continuous miner operation amid Yancoal Australia’s move to make up to 225 redundancies across the Austar and Abel underground mines.
Full Story...


MORE MINE ACTIVITY

West Wallsend longwall abandoned


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COAL COMPANY ACTIVITY 
Aussie mines to spearhead Peabody cost cutting regime


DESPITE Peabody Energy’s second quarter costs from its Australian coal mines improving by 28% to $US52 per ton, the company will now retrench another 300 workers.
Full Story...


MORE COAL COMPANY ACTIVITY

FWC keeps overtime at Collie


Balamara to expand Mariola


Atrum funded for anthracite ambitions


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OEM/SUPPLIER ACTIVITY 
Cat results hit


CATERPILLAR’S Resource Industries segment recorded sales of $US1.99 ($A2.73) billion for the second quarter, down $US250 million on the second quarter of 2014.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

PWCS offers Newcastle Council $12M


DUET’s continental drift


GE to up ante for GLNG


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COAL MARKETS 
Aussie mines to spearhead Peabody cost cutting regime


DESPITE Peabody Energy’s second quarter costs from its Australian coal mines improving by 28% to $US52 per ton, the company will now retrench another 300 workers.
Full Story...


MORE COAL MARKETS

WA FIFO drug, alcohol counselling line


US coal volumes to drop


Downer partners with Bowen Basin Mining Club


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SAFETY AND HEALTH 
Drug testing company warns of ‘zombie drug’


A NEW wave of designer drugs, undetectable by standard workplace testing protocols, has begun to infiltrate Australian workplaces, a national drug testing laboratory group has warned.
Full Story...


MORE SAFETY AND HEALTH

US mining deaths fall


Wambo scoops Hunter mines rescue pool


A sickie situation


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ENVIRONMENT 
BGC bullish on coal


BGC Contracting has signalled its long-term bullish outlook on the coal sector through a joint venture with DRA Pacific to provide engineering, procurement, construction, operations and maintenance services – along with the critical ingredient of funding.
Full Story...


MORE ENVIRONMENT

Clinton declares war on fossil fuels


Newcastle rallies against planning changes


Whitehaven rejects Werris Creek water depletion claim


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EDUCATION 
Training for a new world


Increasingly the mining industry must face the environmental and social challenges of operating in a climate of competing land uses and increased community awareness of these issues. Queensland University has introduced training that prepares mining professionals for these challenges.
Full Story...


MORE EDUCATION

Call for Coal 2016 abstract submissions


Activist leader equates coal mine to ‘gas factory’


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