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Friday
3 July 2015
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Curragh trims permanent workforce


WESFARMERS will axe 30 to 50 full time workers from its Curragh metallurgical coal mine in Queensland as a result of cost-saving changes.
Full Story...


Dyno’s record seam blast


EXPLOSIVES maker Dyno Nobel says it attained a new through seam blast world record from a blast at a Queensland open cut coal mine.
Full Story...


The start of coal games


IT WOULD be nice to think that a bidding duel has broken out for Rio Tinto’s coal assets because that would be the best signal for some time that people actually want to invest in coal, but Hogsback is suspicious that he is watching a high-stakes game.
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...


Uni gets entrepreneurial with coal virtual reality


A UNIVERSITY of Wollongong PhD student who is researching the effectiveness of Coal Services’ virtual reality training for the underground coal sector has also started a crowdfunding project to help spread this technology to the rail and aviation industries.
Full Story...


Mooiplaats sales agreement lapses


COAL of Africa has announced that the finalisation of a sale and purchase agreement with Blackspear Capital for the disposal of its Mooiplaats colliery in South Africa will not be extended further and therefore will lapse.
Full Story...


China staying true to coal: WCA


CHINA’s announcement of its Intended Nationally Determined Contribution (INDC) in preparation for the UN COP21 (Conference of Parties) climate negotiations in Paris later this year proves it is not moving away from coal, the World Coal Association said.
Full Story...


Glut fears worsen as Chinese LNG demand falls


CHINESE gas demand growth has fallen to new lows with analysts and the chief economist in Australia concerned about the impacts to LNG prices.
Full Story...


Murray Energy to sue US EPA over Clean Water Act


MURRAY Energy Corporation is filing two lawsuits against the US Environmental Protection Agency and the Army Corps of Engineers to stop their attempts to rewrite the Clean Water Act by expanding the definition of “waters of the US”.
Full Story...


AGL and Rockwell drive system overhaul


COAL miner and energy producer AGL Loy Yang is switching conveyor drive systems at its Victorian mine to technology jointly developed with Rockwell Automation.
Full Story...


Stop talking down mining: Walsh


RIO Tinto CEO Sam Walsh said recent sledging among miners was not doing anything to help the public’s perception of the industry.
Full Story...


Oz stumbles as China, Argentina lead shale race


TWO developing economies have put the foot on the pedal of late while their Aussie counterparts lag behind in the global shale race.
Full Story...


150,000 jobs lost in oil rout


SINCE oil prices began their dramatic decline in mid-2014, more than 150,000 jobs in the oil and gas industry have been cut across the globe – and there is worse to some, according to a recent report from job services company Swift Worldwide Resources.
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Controlling dust problems at the source


COAL materials handling technologies that solve major dust and spillage problems while also boosting production are being advanced by the Chute Technologies engineering group as a solution to issues increasingly confronting coal mines.
Full Story...


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...


HOGSBACK 
The start of coal games


IT WOULD be nice to think that a bidding duel has broken out for Rio Tinto’s coal assets because that would be the best signal for some time that people actually want to invest in coal, but Hogsback is suspicious that he is watching a high-stakes game.
Full Story...


MORE HOGSBACK

Hogsback on the high costs of takeovers


A Libor moment for coal


Coal attack hides Big Oil’s woes


VIEW ALL STORIES







COAL COMPANY ACTIVITY 
Curragh trims permanent workforce


WESFARMERS will axe 30 to 50 full time workers from its Curragh metallurgical coal mine in Queensland as a result of cost-saving changes.
Full Story...


MORE COAL COMPANY ACTIVITY

Mooiplaats sales agreement lapses


Stop talking down mining: Walsh


Peabody slashes another 250 and lowers Q2 earnings forecast


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Dyno’s record seam blast


EXPLOSIVES maker Dyno Nobel says it attained a new through seam blast world record from a blast at a Queensland open cut coal mine.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Uni gets entrepreneurial with coal virtual reality


AGL and Rockwell drive system overhaul


Controlling dust problems at the source


VIEW ALL STORIES

COAL MARKETS 
China staying true to coal: WCA


CHINA’s announcement of its Intended Nationally Determined Contribution (INDC) in preparation for the UN COP21 (Conference of Parties) climate negotiations in Paris later this year proves it is not moving away from coal, the World Coal Association said.
Full Story...


MORE COAL MARKETS

Glut fears worsen as Chinese LNG demand falls


Oz stumbles as China, Argentina lead shale race


150,000 jobs lost in oil rout


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 
Murray Energy to sue US EPA over Clean Water Act


MURRAY Energy Corporation is filing two lawsuits against the US Environmental Protection Agency and the Army Corps of Engineers to stop their attempts to rewrite the Clean Water Act by expanding the definition of “waters of the US”.
Full Story...


MORE ENVIRONMENT

UNESCO Reef decision hailed by mining industry


Horse breeders continue Drayton fight


Supreme Court blocks Obama’s power plant limits


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...



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