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28 May 2015
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Illawarra cost out targets


SOUTH32, which plans to cut 65 jobs by closing the Wollongong office of Illawarra Coal according to analysts, is expected to reveal the associated cost-out goals in August.
Full Story...


Adani sets a date


DESPITE taking a step forward by setting a September date for off-site construction to start, Adani has happened upon another stumbling block.
Full Story...


The FIFO agenda


BREAKING the “mines culture” in Central Queensland towns was a corporate motivation for introducing 100% fly-in, fly-out coal mining operations according to one of the 27 public submissions into the state’s FIFO inquiry.
Full Story...

News Wrap


IN THIS morning’s News Wrap: Glencore makes good on slower coal output; Goldman Sachs says the iron ore market is becoming a ‘zero-sum game’; and turn out the lights as commodity spending boom ends.
Full Story...


Labour hire pay gulf


LABOUR hire mine workers are often getting nearly half the pay of their full time mining company-employed colleagues for the same jobs across the coal industries in New South Wales and Queensland.
Full Story...


Law of the jungle for coal miner survival: Citi


IT WILL be “survival of the fittest” for the world’s coal miners, according to a research report by Citi.
Full Story...


Rinehart among world’s most powerful women


HANCOCK Prospecting chairman Gina Rinehart has been named as one of the world’s most powerful women by Forbes.
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Activists protest against BHP Kalimantan coal mines


ACTIVISITS yesterday attempted to unfurl a banner in BHP Billiton’s Melbourne headquarters containing the names of more than 9000 people who are calling for the company to abandon its plans to build a series of coal mines in Kalimantan.
Full Story...


Intelligent blasting


THE answer to many underground miners blasting problems may exist in the one package. Supply Side by Australia’s Mining Monthly editor Noel Dyson.
Full Story...


200M for Qld regional infrastructure


REGIONAL infrastructure projects in Queensland will get $A200 million over the next two years, thanks to a new programme announced by the state government.
Full Story...


Bonfiglioli launches feeder innovation


BONFIGLIOLI has launched a new solution for apron feeders, combining its HD helical or bevel-helical drives with Trasmital planetary gear boxes to optimise performance.
Full Story...


Some good signs on Brazil’s horizon


IT HAS been a difficult 12 months for the Brazilian mining sector and current conditions suggest this situation will continue, and possibly even worsen, in at least the short term.
Full Story...


BHP joins indigenous recognition campaign


BHP BILLITON CEO Andrew Mackenzie has thrown its weight behind the national Recognise campaign that aims to rewrite the constitution to include Indigenous as the first peoples of Australia.
Full Story...


LNG opportunities in the pain game


AUSTRALIA’S LNG industry riding high on the prospect of overtaking Qatar as the world’s top exporter are in for a world of pain if they think they can transition from “project mentality” to an operation environment, Transfield’s resources, energy and industrial CEO Joe Sofra told ICN sister publication Energy News.
Full Story...


Thermal coal could slip $10/t more


MACQUARIE Wealth Management has warned that spot thermal coal prices could fall another $US10 a tonne as it comments on Chinese protectionism, Indonesian output cuts, the Indian growth story and Russia’s cost competitiveness.
Full Story...


Deer Run drama


CARBON monoxide levels remain too high at the Deer Run longwall mine in Illinois which Foresight Energy evacuated on March 26.
Full Story...


Unions demand local jobs for Carmichael


THE mining union is demanding that Adani’s giant Carmichael coal mine in Queensland’s Galilee create local jobs and it is implacably opposed to full fly-in, fly-out work arrangements despite the remote location.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Fortescue sets up secret trading shell in low-tax Singapore; Former Victorian minister speaks for gas industry; and gold miners spearhead M&A revival.
Full Story...


Solid job cuts by June


NEW Zealand coal miner Solid Energy will soon implement the previously announced 113 job cuts at its flagship Stockton coking coal mine following consultation with the workforce.
Full Story...


Haulage rates improve with catalyst


A QUEENSLAND thermal coal mine using the FPC combustion catalyst has increased the truck haulage rates from 430.8 to 452.7 tonnes/truck hour operated over a 12 month period.
Full Story...


Pinning between rib and conveyor leads to US fatality


A 43-YEAR-OLD continuous mining machine operator died when he was pinned between the conveyor boom and the coal rib in the No. 5 entry of LCT Energy’s Brubaker Mine in Pennsylvania.
Full Story...


Skilled shares soar on merger talks


LABOUR hire companies Skilled Group and Programmed Maintenance Services entered merger talks with both companies exposed to the mining and oil and gas industry.
Full Story...


M&A a commodity case-by-case: EY


PROSPECTIVE deal-makers in the mining industry are being advised to pay close attention to the economic situation of individual commodities following the release of quarterly merger and acquisition statistics by EY.
Full Story...


HOGSBACK 
Hogsback and the previously untold parable of coal


HAVE you heard the story about the millionaire, the politician, and a pile of coal, because if you haven’t it’s a yarn which needs telling because it rivals any of the great parables, those sometimes fanciful stories which contain a hard core of truth.
Full Story...


MORE HOGSBACK

Profiting from the unburnable coal campaign


Brown coal a cheap power option


Lessons of Yancoal Australia


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MINE ACTIVITY 
Another UK Coal closure looms


DOWNTURN-hit UK Coal, which will entirely cease underground coal mining by year-end, is poised to close down its Thoresby Colliery in Nottinghamshire in July.
Full Story...


MORE MINE ACTIVITY

Mt Owen job losses


Out & About: Baird’s Drayton tour


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COAL COMPANY ACTIVITY 
Illawarra cost out targets


SOUTH32, which plans to cut 65 jobs by closing the Wollongong office of Illawarra Coal according to analysts, is expected to reveal the associated cost-out goals in August.
Full Story...


MORE COAL COMPANY ACTIVITY

Adani sets a date


Rinehart among world’s most powerful women


Solid job cuts by June


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
200M for Qld regional infrastructure


REGIONAL infrastructure projects in Queensland will get $A200 million over the next two years, thanks to a new programme announced by the state government.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Bonfiglioli launches feeder innovation


Haulage rates improve with catalyst


Skilled shares soar on merger talks


VIEW ALL STORIES

COAL MARKETS 
The FIFO agenda


BREAKING the “mines culture” in Central Queensland towns was a corporate motivation for introducing 100% fly-in, fly-out coal mining operations according to one of the 27 public submissions into the state’s FIFO inquiry.
Full Story...


MORE COAL MARKETS

Labour hire pay gulf


Law of the jungle for coal miner survival: Citi


Intelligent blasting


VIEW ALL STORIES

SAFETY AND HEALTH 
Deer Run drama


CARBON monoxide levels remain too high at the Deer Run longwall mine in Illinois which Foresight Energy evacuated on March 26.
Full Story...


MORE SAFETY AND HEALTH

Pinning between rib and conveyor leads to US fatality


Check your Aircheks: safety alert


Fume fail: 7 BHP miners hospitalised


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ENVIRONMENT 
Activists protest against BHP Kalimantan coal mines


ACTIVISITS yesterday attempted to unfurl a banner in BHP Billiton’s Melbourne headquarters containing the names of more than 9000 people who are calling for the company to abandon its plans to build a series of coal mines in Kalimantan.
Full Story...


MORE ENVIRONMENT

Stop financing Galilee Basin projects: Oz scientists


Energy Efficiency Council flags changes at the top


Qld government’s mining stance spurs protests


VIEW ALL STORIES


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AMC Preparing Appropriate Inputs for Robust Grade Estimation
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'Perfect storm’ closes in on mining



Statistics of gloom



We’re not out of the woods quite yet



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