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Tuesday
4 August 2015
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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.
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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.
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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.
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   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: 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.
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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.
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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.
Full Story...


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.
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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.
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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.
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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.
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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.
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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.
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News Wrap


IN THIS Morning’s News Wrap Alpha’s collapse may be imminent; BHP coal mine approved in Sydney's catchment without groundwater assessment; and growth dries up for BHP Billiton as oil price collapse bites.
Full Story...


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...


Ichor to lift its stake in Universal to 29.9%


SOUTH African coal producer Universal Coal has received a conversion notice from Ichor Coal regarding the conversion of 71,220,000 non-cumulative convertible preferred shares into ordinary shares – which will effectively raise its shareholding in the company from 8.5% to 29.9%.
Full Story...


Guildford optimises production strategy


GUILDFORD Coal expects to ramp up production at its Baruun Noyon Uul (BNU) coking coal mine in Mongolia to 125,000 tonnes of coking coal per month under a new operational strategy.
Full Story...


Coal the solution for emerging economies’ energy: WCA


THE World Coal Association (WCA) is lobbying the World Bank to recognise the role of coal in bringing affordable, reliable electricity to hundreds of millions of people in developing and emerging economies.
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Right pumps can increase value of operations


Reliable water management systems at coal mine sites can minimise risks, maximise uptime and deliver superior total cost of ownership, according to Xylem Mine Water Solutions.
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Hydrodynamics and the problem of gas outburst


The most effective preventive measure against gas outburst initiation has been proven to be gas drainage, according to a study by ACARP.
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German innovation on show


SEW-EURODRIVE is set to launch a number of new products at AIMEX this year which are suited for various mining applications. By Anthony Barich
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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.
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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 
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...


MORE COAL COMPANY ACTIVITY

Stanmore to develop Wotonga in tandem with Isaac Plains


Guildford seeking partners for North Galilee project


Scantech to delist from ASX


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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 
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.
Full Story...


MORE COAL MARKETS

Vietnam poised to import more coal


Coal the solution for emerging economies’ energy: WCA


Hazelwood considers coal alternative


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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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