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Wednesday
5 August 2015
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Downer clinches $680m Carmichael contract notices


DOWNER EDI has received two letters of award totalling $680 million from Adani Mining advising of its intention to enter into contracts in relation to the coal handling and preparation plant at its proposed Carmichael coal mine complex in Queensland’s Galilee Basin.
Full Story...


Anger grows at Obama


COLORADO, which has actually been working to develop renewables to gradually replace coal-burning plants, is considering joining the growing list of states fighting the finalised Clean Power Plan US President Barack Obama unveiled on Monday.
Full Story...


Qld mining grapples with highest fatality rate in 20 years


THE Queensland mining industry has convened an emergency meeting to address the worse safety crisis it has suffered in 20 years amid growing pressure to costs and increase productivity.
Full Story...
   CURRENT FOCUS FEATURES

South Africa

Continental production down with Penumbra closing

Ichor to lift its stake in Universal to 29.9%





News Wrap


IN THIS morning’s News Wrap: Industrial trouble brews for South32 at Illawarra coal; Power sector emissions jump most in decade as coal use surges; and Rio should be priming for second buyback,says Deutsche.
Full Story...


Miner looks for PNG coal


AUSTRALIAN miner Mayur Resources said it had identified an area within its Papua New Guinea tenements which could contain enough high quality coal to run a 50 megawatt power station for 30 years.
Full Story...


MCA fires new salvo in coal wars


THE Minerals Council of Australia has released a new publication, Delivering a low emissions coal future that details the technological transformation underway to sharply reduce emissions associated with the coal-fired power generation.
Full Story...


Students attracted amid resources slump


WHILE the coal industry grapples with low prices, high wages and the unattractiveness of being so prevalent to massive job cuts, the next generation will receive a close-up glimpse of how the cogs really turn in Gladstone.
Full Story...


Wolf’s delicate balance


PENNSYLVANIA Governor Tom Wolf has a fine line to tread in welcoming his Democrat boss Barack Obama’s controversial Clean Power Plan while protecting his state’s coal industry, which will inevitably suffer because of it.
Full Story...


Clean Power Plan war escalates


US PRESIDENT Barack Obama decided yesterday to move ahead with his controversial Clean Power Plan. In response Peabody Energy issued an urgent call to action to bombard the government with litigation to turn back the new rules.
Full Story...


Alpha goes bankrupt


ALPHA Natural Resources has filed for voluntary chapter 11 restructuring as the US coal producer tries to position itself for future viability in turbulent coal markets.
Full Story...


Stanmore to develop Wotonga in tandem with Isaac Plains


STANMORE Coal plans to undertake confirmatory resource exploration at its Wotonga coking project in Queensland’s Bowen Basin and coal quality testing in the second half of this calendar year after securing the nearby Isaac Plains last week for just $1.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Rio Tinto shares predicted to surge; trading in iron ore in China rises to record high; and Rio wants exploration collaboration to discover next big seam.
Full Story...


South32 reshapes WA Index


BHP Billiton spinoff South32 has saved and reshaped the Deloitte WA Index in its 15th anniversary edition issued yesterday, which would have lost more than the 11.6% it shed had it not been for the spinoff.
Full Story...


Guildford seeking partners for North Galilee project


GUILDFORD Coal is in discussions with potential joint venture partners to provide self-sustaining funding for the development of its Queensland projects into operating mines and reducing reliance on Guildford for funding their advancement.
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CCS can duke it out with renewables


CARBON capture and storage is more than competitive with renewables as a sustainable energy source, despite the additional costs it adds to traditional fossil fuel generation, a Global CCS Institute report launched last week reveals.
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Scantech to delist from ASX


SCANTECH, which is involved in process control technologies for the major global coal, minerals and cement industries, wants out of the Australian Securities Exchange after having spent much of the past year seeing its stocks plummet due to a fictitious takeover bid from a Singapore-based firm.
Full Story...


Vietnam poised to import more coal


COAL will become more important to Vietnam as it is poised to transform its electrical power generation mix over the next two decades and it modernises the country's agrarian economy to become a more industrialised nation, according to research by the US Energy Information Administration.
Full Story...


Continental production down with Penumbra closing


CONTINENTAL Coal’s Vlakvarkfontein coal mine produced 271,142 run-of-mine tonnes for the June quarter but the troubled South African miner did not produce any coal from its Penumbra coal mine during the period.
Full Story...


Miners need government support: Giorgetta


NEW Diggers & Dealers chairman Nick Giorgetta has used his first speech to the Kalgoorlie forum to call for government support and certainty for miners.
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Fossil fuel investors may face a harsh future with global warming


PRIVATE investors in fossil fuel companies have been warned by the Economist Intelligence Unit of the losses they can expect to suffer should global warming damage not be rolled back.
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Peabody’s Burton mine may not survive beyond 2016


PEABODY Energy’s troubled Burton coal mine in Queensland’s Bowen Basin is dragging down operating margins for its Australian operations and may not see out the end of 2016, said Peabody CEO Glenn Kellow.
Full Story...


White Energy to slash worker numbers


A REDUCTION in White Energy’s mining operations to concentrate on the production of stoker coals is expected to result in a reduction in its US workforce and a corresponding reduction in overall mining costs for the 2015/16 year and onwards, the company said.
Full Story...


EDL’s triple Anglo treat


FRESH from announcing it would be acquired by DUET Group, Energy Developments has entered into a gas supply agreement with Anglo American for the potential development of a 21 megawatt waste coal mine gas power station on the Grosvenor metallurgical coal mine.
Full Story...


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 
Downer clinches $680m Carmichael contract notices


DOWNER EDI has received two letters of award totalling $680 million from Adani Mining advising of its intention to enter into contracts in relation to the coal handling and preparation plant at its proposed Carmichael coal mine complex in Queensland’s Galilee Basin.
Full Story...


MORE COAL COMPANY ACTIVITY

Alpha goes bankrupt


Stanmore to develop Wotonga in tandem with Isaac Plains


Guildford seeking partners for North Galilee project


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OEM/SUPPLIER ACTIVITY 
Chute’s green solution


ENGINEERING group Chute Technology is advancing coal and ore handling technologies that solve major dust and spillage issues while also boosting production.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Macmahon to retire debt


Cat results hit


PWCS offers Newcastle Council $12M


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COAL MARKETS 
Anger grows at Obama


COLORADO, which has actually been working to develop renewables to gradually replace coal-burning plants, is considering joining the growing list of states fighting the finalised Clean Power Plan US President Barack Obama unveiled on Monday.
Full Story...


MORE COAL MARKETS

MCA fires new salvo in coal wars


Wolf’s delicate balance


CCS can duke it out with renewables


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 
Qld mining grapples with highest fatality rate in 20 years


THE Queensland mining industry has convened an emergency meeting to address the worse safety crisis it has suffered in 20 years amid growing pressure to costs and increase productivity.
Full Story...


MORE SAFETY AND HEALTH

Drug testing company warns of ‘zombie drug’


US mining deaths fall


Wambo scoops Hunter mines rescue pool


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ENVIRONMENT 
Anger grows at Obama


COLORADO, which has actually been working to develop renewables to gradually replace coal-burning plants, is considering joining the growing list of states fighting the finalised Clean Power Plan US President Barack Obama unveiled on Monday.
Full Story...


MORE ENVIRONMENT

NSW govt invites community feedback on mining regulation


BGC bullish on coal


Clinton declares war on fossil fuels


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EDUCATION 
Students attracted amid resources slump


WHILE the coal industry grapples with low prices, high wages and the unattractiveness of being so prevalent to massive job cuts, the next generation will receive a close-up glimpse of how the cogs really turn in Gladstone.
Full Story...


MORE EDUCATION

Training for a new world


Call for Coal 2016 abstract submissions


Activist leader equates coal mine to ‘gas factory’


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