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Wednesday
2 September 2015
 


Russell Vale colliery to retrench 80 employees


COAL mining in New South Wales' Illawarra region has been given another blow with the beleaguered Wollongong Coal announcing that its Russell Vale colliery will be placed into care and maintenance, resulting in 80 employees losing their jobs.
Full Story...


Arch slams proposed US Stream Protection Rule


TROUBLED US coal producer Arch Coal has questioned the need for the US Office of Surface Mining (OSM) to introduce its controversial Stream Protection Rule.
Full Story...


China forges agreement with Hunter mine suppliers


AUSTRALIAN mine suppliers have a “very impressive” reputation on the international market and Australian technology is “at cutting edge around the world”, according to China Council for the Promotion of International Trade vice president Zhang Bin who signed an agreement with the Hunter region further consolidating mining sector trade.
Full Story...

News Wrap


IN THIS morning’s News Wrap: Vale will open big cost gap on Fortescue Metals, says Citi; BHP Billiton accused of blocking development in Port Hedland; and Rosatom sells Honeymoon uranium mine in South Australia.
Full Story...


Open cut and underground teams compete at western rescue comp


THE annual Western District Mines Rescue competition, which was held at Glencore’s Ulan West coal mine near Mudgee in New South Wales last Friday, has expanded to include three local open cut teams who competed alongside nine underground teams.
Full Story...


Big loss for NRW


NRW HOLDINGS has posted a $A229.8 million loss for the 12 months to June, down from a $44.2 million profit last year.
Full Story...


Metgasco suing NSW government


METGASCO has launched legal action for damages relating to the New South Wales government’s decision to cancel its 2014 drilling program, and announced plans to push ahead with seismic and drilling operations in a move activist group Lock The Gate has described as a “tantrum”.
Full Story...


Revenues up but Swick posts loss


SWICK Mining Services reported a $A17.5 million statutory loss for the 2015 financial year on the back of significant impairments, but said there were some upsides in the second half of the year.
Full Story...


New Acland gets green light


THE New Hope Group said it has welcomed a decision by the Queensland Government to grant an Environmental Authority for the continuation of its Acland coal mine in the Darling Downs which will help to ensure the future of 435 jobs.
Full Story...


Austin Engineering expands its Hunter Valley capabilities


AUSTIN Engineering has formalised a joint venture with BK Plant Repairs and Maintenance in the Hunter Valley of New South Wales.
Full Story...


‘Coal mining and koalas do not mix’: environmentalists


SHENHUA’s proposed $1 billion Watermark coal mine complex in New South Wales’ Liverpool Plains could be knocked back because of 262 koalas.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Miners lose edge as NSW government balances profits against environment; drones are on the rise at Aussie mines; and some green shoots in dire mineral exploration data.
Full Story...


Ventilation conference attracts attendance despite tough climate


THE Australian Mine Ventilation Conference 2015 kicked off in Sydney yesterday with more than 200 conference attendants, according to conference organiser and University of New South Wales Professor Duncan Chalmers.
Full Story...


Exploration troubles continue


EXPLORATION in Australia continued to struggle during the June quarter, with expenditure in areas other than petroleum down more than 10% according to figures from the Australian Bureau of Statistics.
Full Story...


Pipeline group backs NT interconnector


THE Australian Pipelines and Gas Association has backed the construction of a new pipeline to take gas from the Northern Territory to east coast gas markets.
Full Story...


Consultancy aims to close gender gap


AN independent safety and risk consultancy is working hard to buck the trend of low female entrants into STEM [science, technology, engineering and mathematics] industries with a commitment that means the business now boasts what it believes is one of the highest ratio of female to male STEM graduates in the industry.
Full Story...


Union backlash against 300 Blackwater job cuts


THE BHP Billiton Mitsubishi Alliance had gone too far in the casualisation of the workforce at the Blackwater coal mine in central Queensland with its intention to contract out 300 permanent and secure jobs at the mine, according to union leaders who are planning action against the decision.
Full Story...


Indonesia’s energy conundrum


INDONESIA needs to keep its eye on non-renewable energy sources like coal because President Joko Widodo’s dreams of turning his country into a geothermal wonderland still have plenty of roadblocks ahead, Perth consultancy Future Directions International said.
Full Story...


Greens to take Shenhua Watermark issue back to Canberra


AUSTRALIAN Greens leader Richard Di Natale visited the site of the Shenhua Watermark coal mine in New South Wales last Friday and has vowed to make its approval a federal issue.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Coal M&A predicted to rise as prices slump and growth projects prove difficult; Bradken open to offers again as Chilean merger fails to spark; and WA chills as BHP Billiton, Rio Tinto and Fortescue cut $20B spending.
Full Story...


Metgasco still trapped in bureaucratic limbo


IN ordinary circumstances the holder of the largest certified reserves should be pleased with discussions about building a pipeline from the Northern Territory to serve the New South Wales domestic market – it shows how desperate the state is ¨– yet Metgasco has posted another loss as the state continues to prevaricate about its domestic gas business.
Full Story...


McAleese to diversify following $91M loss


MCALEESE Group has posted a $A90.9 million loss, but its shares were up 21% this afternoon on a financial report that outlined positive cashflow through the tough conditions.
Full Story...


PR firm battles coal client


THE decade-long relationship between flak catchers Professional Public Relations and Peter Landau has come crashing down, with PPR seeking to wind up suspended South African=-focused Continental Coal and several other explorers recently.
Full Story...


HOGSBACK 
Hogsback discovers profits in coal that most people have overlooked


PROFITS are not generally associated with coal during these days of over-production and low prices which is why Hogsback was delighted to discover that the latest financial accounts of Australia’s biggest coal miners revealed surprisingly high levels of pre-tax earnings.
Full Story...


MORE HOGSBACK

Hogsback on Australia’s looming coal election


Hogsback on what Nathan Tinkler’s return might mean


Hogsback on the skink and the snake


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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...


COAL COMPANY ACTIVITY 
Russell Vale colliery to retrench 80 employees


COAL mining in New South Wales' Illawarra region has been given another blow with the beleaguered Wollongong Coal announcing that its Russell Vale colliery will be placed into care and maintenance, resulting in 80 employees losing their jobs.
Full Story...


MORE COAL COMPANY ACTIVITY

Arch slams proposed US Stream Protection Rule


New Acland gets green light


Indonesia’s energy conundrum


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
China forges agreement with Hunter mine suppliers


AUSTRALIAN mine suppliers have a “very impressive” reputation on the international market and Australian technology is “at cutting edge around the world”, according to China Council for the Promotion of International Trade vice president Zhang Bin who signed an agreement with the Hunter region further consolidating mining sector trade.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Big loss for NRW


Revenues up but Swick posts loss


Austin Engineering expands its Hunter Valley capabilities


VIEW ALL STORIES

COAL MARKETS 
Metgasco suing NSW government


METGASCO has launched legal action for damages relating to the New South Wales government’s decision to cancel its 2014 drilling program, and announced plans to push ahead with seismic and drilling operations in a move activist group Lock The Gate has described as a “tantrum”.
Full Story...


MORE COAL MARKETS

Exploration troubles continue


Consultancy aims to close gender gap


Union backlash against 300 Blackwater job cuts


VIEW ALL STORIES

SAFETY AND HEALTH 
Open cut and underground teams compete at western rescue comp


THE annual Western District Mines Rescue competition, which was held at Glencore’s Ulan West coal mine near Mudgee in New South Wales last Friday, has expanded to include three local open cut teams who competed alongside nine underground teams.
Full Story...


MORE SAFETY AND HEALTH

Ventilation conference attracts attendance despite tough climate


Peabody’s Infra-Red Camera wins innovation award


Methane detection challenge


VIEW ALL STORIES

ENVIRONMENT 
‘Coal mining and koalas do not mix’: environmentalists


SHENHUA’s proposed $1 billion Watermark coal mine complex in New South Wales’ Liverpool Plains could be knocked back because of 262 koalas.
Full Story...


MORE ENVIRONMENT

Greens to take Shenhua Watermark issue back to Canberra


High-profile miners make gecko shortlist


NSW Enviro Dept gives Drayton South approval


VIEW ALL STORIES

EDUCATION 
Aussie companies need to innovate: KPMG


KPMG has urged Australian companies to embrace innovation and technology as a way to remain competitive.
Full Story...


MORE EDUCATION

Students attracted amid resources slump


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