HOME ABOUT US ADVERTISE SUBSCRIBE SITE MAP HELP CONTACT WORK FOR US SURVEYS  
Friday
3 July 2015
Make ICN my HomePage 


Peabody slashes another 250 and lowers Q2 earnings forecast


LOWER pricing on Australian metallurgical coal and flooding in the US Powder River Basin has prompted Peabody Energy to lower its second quarter EBITDA forecast and slash another 250 employees from its Australian operations.
Full Story...


Stanmore buys Wotonga from Peabody


STANMORE Coal has agreed to buy MDL 135 and the rights to a portion of the Wotonga MDL 137 project in Queensland from Peabody Energy subsidiary Millennium Coal.
Full Story...


China’s rule-bending FTA: Comment


THE unexpected 457 visa requirement-dodging skilled worker importing aspects of the China-Australia Free Trade Agreement are seemingly inspired by Chinese utility giant State Grid Corporation’s plans to invest in Australian transmission and distribution network assets.
Full Story...

News Wrap


IN THIS morning’s News Wrap:>‘Inconsistent’ quality tests see China reject Australian coal; Queensland Labor backs Adani's Carmichael coal project; and NSW government extends CSG buyback plan.
Full Story...


Less than 20% of Aussie coking coal in the red


THE weakened Australian dollar might spare Aussie metallurgical coal mines from making more tough decisions according to JP Morgan, which is expecting further supply cuts overseas.
Full Story...


Marsh appointed national bolting manager


ANDREW Marsh has been appointed national bolting manager for Enerpac – a role that will see him lead a team of experts on advanced professional bolting technologies.
Full Story...


Kentucky coal player folds


KENTUCKY-based coal company JW Resources has filed for bankruptcy protection – joining Patriot Coal and half a dozen other US coal companies in this regard.
Full Story...


Leaf says fossil fuel era is ending


ASX-listed energy firm Leaf Resources claims its new biomass process could nudge fossil fuel-based chemicals and plastics out of the market.
Full Story...


NSW CSG buy-back extended


THE New South Wales government has again elected to extend the deadline for the buyback of CSG leases, even as the NSW Greens called for a coalition MP to resign over a broken promise to buy back a controversial lease around Lismore and Byron Bay.
Full Story...


Fraccing risks unacceptable: review


NEW York State’s ban on fraccing officially came into force this week after the State’s environmental conservation commissioner Joe Martens issued a 43-page findings statement, ending a seven-year review process.
Full Story...


Greenfield exploration in crisis


EXPLORATION spending has fallen by half since 2012, leading to a major discovery deficit, according to a new report.
Full Story...


GBM, JCM sign funding agreement


GBM Resources has entered into a share acquisition framework agreement with Chinese state-owned enterprise Jiangxi Centre Mining (JCM), an entity owned by Jiangxi Provincial Bureau of Coal Geology.
Full Story...


UNESCO Reef decision hailed by mining industry


A DECISION by UNESCO’s World Heritage committee not to declare the Great Barrier Reef in danger has been hailed by mining peak bodies as an endorsement of the management of one of the natural wonders of the world.
Full Story...


BMT appoints Sir John Hood chairman


RISK management consultancy BMT Group has appointed Sir John Hood as chairman with effect from October 1 this year, following the retirement of Dr Neil Cross at the end of BMT’s financial year on September 30.
Full Story...


Glencore eyes Ulan West panel extensions: CORRECTED


GLENCORE is seeking federal environmental approval to extend six longwall panels to the southwest of its Ulan mining complex.
Full Story...


Sandvik launches new continuous miner


THE performance of the new Sandvik MC350 continuous miner, for mid-size room and pillar applications, has been proved in extensive field tests in South Africa to offer high productivity and low cost of ownership, according to the company.
Full Story...


Springvale extension is ‘approvable’


CENTENNIAL Coal’s Springvale longwall mine extension project has received a favourable review from the New South Wales Planning Assessment Commission.
Full Story...


News Wrap


IN THIS morning’s News Wrap:Carmichael unbankable, says Queensland Treasury; X2 set to tussle with Glencore for Rio Tinto thermal coal; and mining majors move back to basics.
Full Story...


BHP reshuffles management


BHP Billiton CEO Andrew Mackenzie has made changes to the company’s group management committee.
Full Story...


Rio exits Zimbabwe


RIO Tinto struck deals to divest its stakes of coal and diamond mines in the troubled African nation of Zimbabwe last week.
Full Story...


Grow now or miss out: EY


A LACK of growth presents the greatest risk to the mining sector in the coming financial year, according to EY’s annual Business Risks in Mining and Metals report released this week.
Full Story...


Water war escalates


FRESH from its Supreme Court loss over its proposed power plant regulations, the Environmental Protection Agency is now the subject of a growing lawsuit against it over the controversial Waters of the United States rule.
Full Story...


Mining employment down 13%


THE commodities downturn has taken its toll on Australian mining jobs, with new figures showing a large drop in employment over the past year.
Full Story...


HOGSBACK 
Hogsback on the high costs of takeovers


REPORTS that takeover activity in the coal industry will be on hold for a while because of low prices did not surprise Hogsback because what’s more of a surprise is that anyone in the mining industry ever acquires anything given the huge losses from failed deals.
Full Story...


MORE HOGSBACK

A Libor moment for coal


Coal attack hides Big Oil’s woes


The importance of the Oz government’s India report


VIEW ALL STORIES







COAL COMPANY ACTIVITY 
Peabody slashes another 250 and lowers Q2 earnings forecast


LOWER pricing on Australian metallurgical coal and flooding in the US Powder River Basin has prompted Peabody Energy to lower its second quarter EBITDA forecast and slash another 250 employees from its Australian operations.
Full Story...


MORE COAL COMPANY ACTIVITY

Stanmore buys Wotonga from Peabody


News Wrap


Less than 20% of Aussie coking coal in the red


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Marsh appointed national bolting manager


ANDREW Marsh has been appointed national bolting manager for Enerpac – a role that will see him lead a team of experts on advanced professional bolting technologies.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

GBM, JCM sign funding agreement


BMT appoints Sir John Hood chairman


Sandvik launches new continuous miner


VIEW ALL STORIES

COAL MARKETS 
China’s rule-bending FTA: Comment


THE unexpected 457 visa requirement-dodging skilled worker importing aspects of the China-Australia Free Trade Agreement are seemingly inspired by Chinese utility giant State Grid Corporation’s plans to invest in Australian transmission and distribution network assets.
Full Story...


MORE COAL MARKETS

Less than 20% of Aussie coking coal in the red


NSW CSG buy-back extended


Fraccing risks unacceptable: review


VIEW ALL STORIES

SAFETY AND HEALTH 
Operator blamed for bolting fatality


FAILING to properly support a roof section has been blamed for the death of a 29 year old roof bolter helper at Rosebud Mining Company’s Heilwood underground coal mine.
Full Story...


MORE SAFETY AND HEALTH

Safety wire can provide safety to control systems


Rescue system on trial at Consol’s Harvey mine


Miners faking tests


VIEW ALL STORIES

ENVIRONMENT 
UNESCO Reef decision hailed by mining industry


A DECISION by UNESCO’s World Heritage committee not to declare the Great Barrier Reef in danger has been hailed by mining peak bodies as an endorsement of the management of one of the natural wonders of the world.
Full Story...


MORE ENVIRONMENT

Horse breeders continue Drayton fight


Supreme Court blocks Obama’s power plant limits


Ulan the focus of environment team


VIEW ALL STORIES

EDUCATION 
IMARC full steam ahead for 2015


THE SECOND annual International Mining and Resources Conference has officially launched ahead of the event to be held November 10-12, 2015.
Full Story...



USER INFO

Welcome to ILN
(GUEST)

  Click here to login
  Sign up today
  Manage Members




Company Search




Story Search









Advanced Search

UPCOMING
EVENTS
11th International Symposium on Rock Fragmentation by Blasting
AMC Preparing Appropriate Inputs for Robust Grade Estimation
AMC Delivering High-quality Grade Estimates
AMC JORC 2012 - Complying with the Code in the Reporting Environment
AMC Lessons Learnt from Auditing Mineral Resource Estimates
AMC Assessment of Geological Uncertainty in Mining and Management of Risk
  View all events






ONLINE AND PRINT PUBLICATIONS
MiningNews.net
Mining industry news leader
MiningNewsJobs.net
Jobs and careers portal for the mining industry
MiningNewsPremium.net
Premium mining news coverage
EnergyNewsBulletin.net
Comprehensive energy industry news
EnergyNewsJobs
Jobs and careers portal for the energy industry
EnergyNewsPremium.net
Premium energy industry coverage
International
Coal News

Essential coal industry news
Construction
IndustryNews.net

Essential construction industry news
WME Business
Environment Network

Essential environmental management news
PNGIndustryNews.net
Essential PNG industry news
NoticiasDeMineracao.com
Brazil Mining News Leader
 

Australia's Mining Monthly
Powerful. Reliable.
RESOURCESTOCKS
Global resources investment magazine
International
Coal News

Essential coal industry news
CONTRACTOR
Australia's construction and earthmoving magazine
Cranes and Lifting Australia
The voice of the cranes and lifting industy
Inside Waste Magazine
Covering the waste industry.
WME Magazine
Leading environment business magazine
 

INDUSTRY NEWS PORTAL
IndustryNews.net
Portal to Aspermontís leading publications