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Thursday
24 July 2014
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Adani ‘committed’ to Qld coal


CONTRARY to recent press speculation, Adani Group is not pursuing a “sweeping overhaul” of its $A18 billion-plus Queensland coal assets – including the Abbot Point coal terminal – and it remains committed to commercialising its Galilee Basin project.
Full Story...


Glencore tight-lipped on Japanese divestment


MINING giant Glencore is not commenting on recent reports that Japanese trading houses Itochu and Sumitomo aim to sell their stakes of the Glencore-operated Newlands and Collinsville coal mines in Queensland.
Full Story...


A new hope or just a case of premature speculation?


IT HAS been a long time since an Australian coal company could claim to have been the best performer on the stock exchange but when Hogsback took a look at the ASX earlier this week he was bowled over to see that two coal stocks were leading the way up.
Full Story...

   CURRENT FOCUS FEATURES

QME 2014

Out and About: Day Two at QME 2014

Out and about at QME 2014

QME attracts innovative solutions to Bowen Basin

Enerpac to flaunt offerings

Companies team up for QME offering

How QME benefits Mackay

QME to host industry-improvement seminars

Oxygen sensor to be launched at QME

Compressors on show at QME 2014

Safety an important focus at QME 2014


  VIEW ALL STORIES on QME 2014



   TODAY'S STORIES xCONTINUED


News Wrap


IN THIS morning’s News Wrap: emission policies tarnish King Coal’s crown; UK government reverses Drax decision; and Beijing shuts coal station to ease smog.
Full Story...


Out and About: Day Two at QME 2014


SAFETY and innovation formed the focus of QME 2014. Lou Caruana took these shots at the exhibition yesterday.
Full Story...


Peabody posts loss


US COAL giant Peabody has posted a $US72 million ($A76.3 million) loss from continuing operations for the second quarter of 2014. That is compared to income of $101.4 million for the same period last year.
Full Story...


Production up, prices down for BHP


METALLURGICAL coal production grew 20% in the 2013-14 financial year to a record 45 million tonnes, exceeding BHP Billiton’s guidance.
Full Story...


A foxy find


THE final drill hole from the Bundaberg coking coal project on Fox Resources’ 100% owned EPC 1523 has confirmed the lateral continuity of the coal seams modelled as part of the 101 million tonne inferred resource the company announced in March.
Full Story...


Mackay service centre to get upgrade


SANDVIK is upgrading its Mackay, Queensland service facility to a productivity centre, which will make it one of only four in Australia.
Full Story...


New Kingaroy resource soon


THE past quarter has been “transformational”, according to the Moreton Resources CEO Jason Elks.
Full Story...


Walsh warns mining tax must go


AUSTRALIA still risks losing investment to overseas jurisdictions if the mining tax is not repealed, Rio Tinto CEO Sam Walsh told a business forum in Perth yesterday.
Full Story...


Aspiring to supply power station


MONGOLIA-focused coal player Aspire Mining has entered into a non-binding memorandum of understanding with New Asia Group, the owner of the Zavkhan Power Station, to supply oxidised coal from the Ovoot coking coal project.
Full Story...


Gradual thermal coal recovery


FITCH Ratings expects Newcastle-exported thermal coal prices to gradually increase as Indonesian mines struggle to remain profitable.
Full Story...


Coal pushes strong Norfolk result


UNITED States coal railroader Norfolk Southern has reported record net income for the second quarter, in which coal has played a contributing part.
Full Story...


Adani considers Abbot Point sale


INDIAN conglomerate and Galilee Basin thermal coal explorer Adani Group is reportedly considering a sell-down of the Abbot Point coal terminal asset it acquired for $A1.83 billion in 2011.
Full Story...


QME attracts innovative solutions to Bowen Basin


EXHIBITORS and visitors to QME 2014 in Mackay have retained an optimism that innovation and a commitment to the highest standards of safety will ensure the development of the Bowen Basin as one of the world’s leading coal mining centres. By Lou Caruana in Mackay.
Full Story...


Out and about at QME 2014


CHECK out who was out and about at the 2014 Queensland Mining & Engineering Exhibition.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Japanese traders selling coal stakes; US railroads feel the pinch; and a coal-to-gas rush warning.
Full Story...


In the recovery room


SIGNAL Peak Energy has set a pre-driven recovery room record. By Ry Stone.
Full Story...


Approval sought for South Walker Creek


BHP Billiton Mitsui Coal is seeking federal environmental clearance to further develop the existing Mulgrave open pit at its South Walker Creek mine in Queensland’s northern Bowen Basin.
Full Story...


Bandanna gets another Springsure break


A SECOND objection to Bandanna Energy’s Springsure Creek coal project, 47km southeast of the Queensland town of Emerald, has been withdrawn.
Full Story...


BHP contributes $6M to Bush Blitz


BHP Billiton has chipped $A6 million into the Australian unique species-hunting Bush Blitz II project.
Full Story...


Foresight unfazed


FORESIGHT Energy has confirmed that the underground fire at its Deer Run mine last week was not close to existing longwall operations.
Full Story...


HOGSBACK 
A new hope or just a case of premature speculation?


IT HAS been a long time since an Australian coal company could claim to have been the best performer on the stock exchange but when Hogsback took a look at the ASX earlier this week he was bowled over to see that two coal stocks were leading the way up.
Full Story...


MORE HOGSBACK

The rising demand for coal


Hogsback and the saga of Wilkie Creek


Hogsback and the Great Irony (also known as the Great Delusion)


VIEW ALL STORIES






MINE ACTIVITY 
In the recovery room


SIGNAL Peak Energy has set a pre-driven recovery room record. By Ry Stone.
Full Story...


MORE MINE ACTIVITY

Foresight unfazed


Arch idles Cumberland River complex


West Cliff fire scare


VIEW ALL STORIES

COAL COMPANY ACTIVITY 
Adani ‘committed’ to Qld coal


CONTRARY to recent press speculation, Adani Group is not pursuing a “sweeping overhaul” of its $A18 billion-plus Queensland coal assets – including the Abbot Point coal terminal – and it remains committed to commercialising its Galilee Basin project.
Full Story...


MORE COAL COMPANY ACTIVITY

Glencore tight-lipped on Japanese divestment


News Wrap


Peabody posts loss


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Out and About: Day Two at QME 2014


SAFETY and innovation formed the focus of QME 2014. Lou Caruana took these shots at the exhibition yesterday.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Mackay service centre to get upgrade


QME attracts innovative solutions to Bowen Basin


Out and about at QME 2014


VIEW ALL STORIES

COAL MARKETS 
Gradual thermal coal recovery


FITCH Ratings expects Newcastle-exported thermal coal prices to gradually increase as Indonesian mines struggle to remain profitable.
Full Story...


MORE COAL MARKETS

Resource sector may be on borrowed time


East coast market on a knife-edge


India fast tracks coal mine


VIEW ALL STORIES

EQUIPMENT 
Nowhere to hide


THE latest tracking technology can pinpoint the exact location of a miner throughout an entire shift; and it has also become a lot smarter. Supply Side, by Australia’s Mining Monthly editor Thomas Smith
Full Story...


MORE EQUIPMENT

Cat to supply two LTCC units to Turkish mine


Clean Coal Technologies gains momentum


VIEW ALL STORIES

R & D 
Backing for a robot dust-up


A LARGE-scale dust suppression maker from Illinois is backing a team of high school students dedicated to building working robots for the For Inspiration and Recognition of Science and Technology Robotics competitions.
Full Story...


MORE R & D

Mining tech underestimated: Court


Coal has more uses than fuel: IEA


A catalyst for research in China


VIEW ALL STORIES

SAFETY AND HEALTH 
No one hurt in train coal spill


A TRAIN derailment in central Pennsylvania has led to coal being spilled from four cars.
Full Story...


MORE SAFETY AND HEALTH

North Wambo’s rescue honours


Backing for a robot dust-up


No injuries in US longwall fire


VIEW ALL STORIES

ENVIRONMENT 
Bandanna gets another Springsure break


A SECOND objection to Bandanna Energy’s Springsure Creek coal project, 47km southeast of the Queensland town of Emerald, has been withdrawn.
Full Story...


MORE ENVIRONMENT

BHP contributes $6M to Bush Blitz


Report prompts Greens to call for halt on Abbot Point


Despite its demise, the carbon price has cut emissions


VIEW ALL STORIES

EDUCATION 
Hunter mining show has focus on community


THE Hunter Mining Show 2015, a new trade exhibition developed for the New South Wales Hunter region mining industry, will take place in Singleton from March 12 to 14 next year.
Full Story...


MORE EDUCATION

Companies team up for QME offering


Deputy Premier backs IMARC


How QME benefits Mackay


VIEW ALL STORIES


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Sampling 2014
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'Perfect storm’ closes in on mining



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