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Tuesday
7 July 2015
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Wesfarmers advances Curragh extension project


WESFARMERS is seeking federal environmental clearance to extend the mine life of its Curragh open cut coal mine in Queensland’s Bowen Basin by eight years to 2038.
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Fairhurst sees no fair go


ANGLO American Drayton South project manager Rick Fairhurst has expressed disappointment with recent comments by the Hunter Thoroughbred Breeders Association.
Full Story...


Coal to dominate power demand growth


COAL will supply almost all the growth in electricity generation over the next two years in Australia, consultancy Pitt&Sherry said yesterday on the first anniversary of the abolition of the carbon tax.
Full Story...

News Wrap


IN THIS morning’s News Wrap: X2 drafts in Goldman for its dig at Rio's coal assets; Rinehart says dad Lang Hancock would not be thrilled at family dispute; and AGL Energy to take $603 million writedown on gas business and sell some assets.
Full Story...


US met coal crunch


JP Morgan has forecast US metallurgical coal exports to plunge 21% to 45 million tonnes in 2015 then fall another 11% to 40Mt in 2016.
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ASIC fines junior


COAL FE Resources, now Aus Asia Minerals, has been fined $A33,000 by the Australian Securities and Investments Commission.
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Productivity challenge addressed


THE University of Technology, Sydney’s Institute for Sustainable Futures has launched an Action Agenda for Resource Productivity and Innovation to help Australia remain globally competitive by increasing resource productivity.
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Marathon starts three-year race


MARATHON Resources returned to trading on the Australian Securities Exchange on Friday morning under its new guise as a South Australian underground coal gasification concern.
Full Story...


AGL thinks small


AGL Energy is getting out of the oil business and dramatically scaling back its domestic gas interests with a further $435 million writedown revealed in yesterday morning’s comprehensive review of its upstream gas business.
Full Story...


Bearings offer cost-efficiency in materials handling


HERCULES Engineering’s range of Herculon Type D Bearings have been proven on a wide range of applications ranging from steel and concrete beam structures through to materials handling and processing facilities, according to the company.
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The upside of junior bloodbath: Comment


IF you’re not exploring, what’s the point of being a listed junior oil and gas explorer? That’s the question many boards will have to ask themselves over the next few months, if they aren’t already, as the cash well runs dry.
Full Story...


Mine subsidence analysis results on threatened ecological communities


AN ACARP project using integrated remote sensing and field surveying techniques has found that longwall mine subsidence (LWMS) has little effect on Bluegrass and Brigalow threatened ecological communities (TEC).
Full Story...


New Class A fire rating for solar energy product


THE standard module by manufacturer of high-performance solar power products JA Solar Holdings successfully passed the Class A fire test in accordance with UL1703 standard for Type 1 modules.
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Enhancing fault detection by seismic diffraction imaging


ACARP has completed an investigation to establish whether diffraction analysis would allow identification of the location of small faults within 2D and 3D survey data.
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Anglo to axe thousands: speculation


THERE is speculation that downturn-hit Anglo American will announce cuts to 5-20% of staff from its head offices around the world – thousands of layoffs – as part of half-year results on July 24.
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Coal empire strikes back


THE coal industry is using Big Oil’s own stick to beat it with, backing a major University of Cambridge report that Prince Charles has launched, calling for the removal of all fossil fuel subsidies, particularly to the oil and gas industry.
Full Story...


More trouble for Glencore at West Wallsend


GLENCORE’s coal operations in New South Wales have been dealt another blow with geological issues forcing its West Wallsend colliery longwall to cease production indefinitely until the problem is resolved.
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News Wrap


IN THIS morning’s News Wrap: Anglo American coal rejected by China's new testing regime; local iron ore juniors under pressure; and Adani hires political operatives to make its case.
Full Story...


Clarence’s river spill crisis


CONTRARY to some press reports, an environmental incident did not shut down Centennial Coal’s Clarence underground coal mine last week.
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Moolarben foots bill for collapse bypass road


YANCOAL is funding the development of a bypass to the public road which has been closed for a month since a nearby highwall collapse impacted the Moolarben open cut coal mine in New South Wales.
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Glencore to make up to 700 more coal layoffs


GLENCORE has decided to close down the open cut thermal coal operations of its Optimum Coal Mines in South Africa with 600-700 layoffs expected.
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Asciano mulls takeover offer


CANADIAN giant Brookfield Infrastructure Group has made a $A9 billion pitch to fully acquire rail and port operator Asciano, although a more concrete deal might take some time yet to emerge.
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India’s coal challenge


COAL, the mainstay source of India’s energy, needs to be further explored as a clean, domestic technology to mitigate the negative effects of urbanisation like increased crime rates, especially as the country’s renewables goals face hurdles.
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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


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COAL COMPANY ACTIVITY 
Wesfarmers advances Curragh extension project


WESFARMERS is seeking federal environmental clearance to extend the mine life of its Curragh open cut coal mine in Queensland’s Bowen Basin by eight years to 2038.
Full Story...


MORE COAL COMPANY ACTIVITY

Fairhurst sees no fair go


Marathon starts three-year race


AGL thinks small


VIEW ALL STORIES

OEM/SUPPLIER ACTIVITY 
Bearings offer cost-efficiency in materials handling


HERCULES Engineering’s range of Herculon Type D Bearings have been proven on a wide range of applications ranging from steel and concrete beam structures through to materials handling and processing facilities, according to the company.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

New Class A fire rating for solar energy product


Enhancing fault detection by seismic diffraction imaging


Asciano mulls takeover offer


VIEW ALL STORIES

COAL MARKETS 
Coal to dominate power demand growth


COAL will supply almost all the growth in electricity generation over the next two years in Australia, consultancy Pitt&Sherry said yesterday on the first anniversary of the abolition of the carbon tax.
Full Story...


MORE COAL MARKETS

US met coal crunch


The upside of junior bloodbath: Comment


Coal empire strikes back


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


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ENVIRONMENT 
Mine subsidence analysis results on threatened ecological communities


AN ACARP project using integrated remote sensing and field surveying techniques has found that longwall mine subsidence (LWMS) has little effect on Bluegrass and Brigalow threatened ecological communities (TEC).
Full Story...


MORE ENVIRONMENT

Clarence’s river spill crisis


Murray Energy to sue US EPA over Clean Water Act


UNESCO Reef decision hailed by mining industry


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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