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31 July 2015
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Stanmore stamps its mark on Bowen Basin for $1


STANMORE Coal is seeking to consolidate its presence in Queensland’s Bowen Basin with a deal to pay just $1 to acquire 100% of the Isaac Plains coal mine, which was recently placed into care and maintenance by Vale and Sumitomo Corporation.
Full Story...


Arch loss worsened by Appalachian longwall moves


BELEAGUERED US producer Arch Coal has reported a net loss of $US168 million for the June quarter after being hit with a $19.1 million impairment charge and increasing cash operating costs due to longwall moves at two of its Appalachian mines.
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A sugar coating on the China coal sales problem


BEWARE the wounded player is an old sporting adage, but it’s also one that can be applied in business as Australia’s coal exporters are discovering in their dealings with China – just as Australian sugar exporters discovered 40 years ago in their dealings with Japan.
Full Story...

News Wrap


IN THIS morning’s News Wrap: Mine closures set to accelerate; Solar on path to beat diesel, LNG to power remote mines; and ASIC targets backdoor listings.
Full Story...


Cloud Peak Energy sees a silver lining


US coal mining giant Cloud Peak Energy believes that growing demand from Asia outside of China will eventually address the current oversupply for coal in the market and that Australia’s lower dollar and higher productivity would not derail this process.
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Killara kills Kalimantan chaos


KILLARA Resources has confirmed that its Borneo Emas Hitam thermal coal investment will be divested, given low energy prices meant it was no longer financially economic to operate.
Full Story...


Hazelwood considers coal alternative


THE owner of Australia’s dirtiest power plant, Victoria’s Hazelwood coal power station, is reportedly considering converting the brown coal-burning facility into a co-fired plant that would allow it to burn native forest waste.
Full Story...


Hopes pinned on JOGMEC nod


DESPITE depressed coal prices Allegiance Coal remains hopeful that its partner, the state-owned Japan Oil, Gas and Metals National Corporation, will move into the second phase of the earn-in of the stripped back Kilmain coal project in Queensland’s Bowen Basin once the results of last year’s drilling are assessed.
Full Story...


AIMEX’s Asia focus particularly timely


THE future of Australia’s coal industry lies in the source of its boom – the Asia Pacific – and it is this which new Reed Mining Events boss Robert Clark hopes the industry can capitalise on at this year’s AIMEX conference.
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Kinetiko hopes for early gas sales


SOUTH African gas developer Kinetiko Energy has it has received a non-binding expression of interest to develop its Amersfoort project in the nation’s coal fields.
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No time like downturns


While operators and most service providers have found the depressed coal price environment a crushing experience, the tyre industry is enjoying the breathing space to refine technologies which will, ironically, help lower costs in the long-run.
Full Story...


Santos refutes Singapore tax haven claims


NEW South Wales coal seam gas developer Santos has denied that its Singapore base is used as a tax haven.
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Tinkler has another stab at Qld coal


NATHAN Tinkler has made another attempt to insert himself into the Australian coal scene by heading Australian Pacific Coal in a $13.2 million deal with the Queensland coal exploration company.
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Calls for Springvale mine to further reduce water salinity


THE New South Wales Environmental Protection Authority needs to enforce strict environmental standards on Centennial Coal’s Springvale coal mine to protect the Cox's River in the Blue Mountains, according to Greens MP Mehreen Faruqi.
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The Indian elephant in the room


MINING majors are at risk of getting caught short by Indian demand in the medium to longer term if they don’t take advantage of the bargain-basement opportunities currently on offer, a senior Deloitte analyst told International Coal News.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Coal industry must bide time before it's re-stoked; Modi's $275 billion Indian energy dilemma; and BHP Billiton move ‘breaches’ FIRB spirit.
Full Story...


Narrabri on track to break 10Mpta


WHITEHAVEN Coal’s Narrabri longwall mine in New South Wales, which returned a strong performance for the 4Q15 setting new production records, could now break the important 10 million tonne per annum benchmark.
Full Story...


BHP cuts Melbourne jobs


MINING giant BHP Billiton is cutting jobs from its global head office in Melbourne.
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Longwall Larrikin: Rodney Woods


Down Under Training and Consulting CEO Rodney “Woodsy” Woods travels to mines to deliver training, consult about safety, relieve deputies and help out within the safety and training department. In his mining career, he has worked for two coal mines on a permanent basis.
Full Story...


NSW govt invites community feedback on mining regulation


THE New South Wales government is responding to community pressure and allowing feedback by local stakeholders and residents to comment on five sets on of guidelines for mining regulation.
Full Story...


Green shoots visible, despite challenges


LOCAL miners are set to cut more jobs over the next 12 months, but there are signs the industry is starting to adjust to the tough new conditions.
Full Story...


AGL shareholders push for anti-coal measures


AROUND 120 anti-coal shareholders in diversified power concern AGL Energy have requisitioned a proposed resolution under the Corporation Act that would require the company to change its constitution to consider global warning.
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Coal’s strong Polish future


COAL is expected to dominate Poland’s energy mix for at least another decade and a half, with government figures forecasting it to supply more than 55% of its power by 2030.
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HOGSBACK 
A sugar coating on the China coal sales problem


BEWARE the wounded player is an old sporting adage, but it’s also one that can be applied in business as Australia’s coal exporters are discovering in their dealings with China – just as Australian sugar exporters discovered 40 years ago in their dealings with Japan.
Full Story...


MORE HOGSBACK

Hogsback on the migration of mining


The Watermark koala


The profitless growth of coal industry


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LONGWALL LARRIKINS 
Longwall Larrikin: Rodney Woods


Down Under Training and Consulting CEO Rodney “Woodsy” Woods travels to mines to deliver training, consult about safety, relieve deputies and help out within the safety and training department. In his mining career, he has worked for two coal mines on a permanent basis.
Full Story...


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 
Stanmore stamps its mark on Bowen Basin for $1


STANMORE Coal is seeking to consolidate its presence in Queensland’s Bowen Basin with a deal to pay just $1 to acquire 100% of the Isaac Plains coal mine, which was recently placed into care and maintenance by Vale and Sumitomo Corporation.
Full Story...


MORE COAL COMPANY ACTIVITY

Arch loss worsened by Appalachian longwall moves


Cloud Peak Energy sees a silver lining


Killara kills Kalimantan chaos


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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 
Hazelwood considers coal alternative


THE owner of Australia’s dirtiest power plant, Victoria’s Hazelwood coal power station, is reportedly considering converting the brown coal-burning facility into a co-fired plant that would allow it to burn native forest waste.
Full Story...


MORE COAL MARKETS

The Indian elephant in the room


Green shoots visible, despite challenges


AGL shareholders push for anti-coal measures


VIEW ALL STORIES

R & D 
No time like downturns


While operators and most service providers have found the depressed coal price environment a crushing experience, the tyre industry is enjoying the breathing space to refine technologies which will, ironically, help lower costs in the long-run.
Full Story...


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 
NSW govt invites community feedback on mining regulation


THE New South Wales government is responding to community pressure and allowing feedback by local stakeholders and residents to comment on five sets on of guidelines for mining regulation.
Full Story...


MORE ENVIRONMENT

BGC bullish on coal


Clinton declares war on fossil fuels


Newcastle rallies against planning changes


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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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