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3 August 2015
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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.
Full Story...


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.
Full Story...


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.
Full Story...
   CURRENT FOCUS FEATURES

South Africa

Ichor to lift its stake in Universal to 29.9%





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.
Full Story...


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.
Full Story...


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.
Full Story...


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
Full Story...


Macmahon to retire debt


DUE to a strong cash balance following the $A80 million sale of its Mongolian operations, Macmahon Holdings will repay its debt.
Full Story...


Stanmore stamps its mark on Bowen Basin for $1


STANMORE Coal is seeking to consolidate its presence in Queensland’s Bowen Basin with a deal to pay just $1 to acquire 100% of the Isaac Plains coal mine, which was recently placed into care and maintenance by Vale and Sumitomo Corporation.
Full Story...


Arch loss worsened by Appalachian longwall moves


BELEAGUERED US producer Arch Coal has reported a net loss of $US168 million for the June quarter after being hit with a $19.1 million impairment charge and increasing cash operating costs due to longwall moves at two of its Appalachian mines.
Full Story...


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.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Mine closures set to accelerate; Solar on path to beat diesel, LNG to power remote mines; and ASIC targets backdoor listings.
Full Story...


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...


Santos refutes Singapore tax haven claims


NEW South Wales coal seam gas developer Santos has denied that its Singapore base is used as a tax haven.
Full Story...


Cloud Peak Energy sees a silver lining


US coal mining giant Cloud Peak Energy believes that growing demand from Asia outside of China will eventually address the current oversupply for coal in the market and that Australia’s lower dollar and higher productivity would not derail this process.
Full Story...


Hopes pinned on JOGMEC nod


DESPITE depressed coal prices Allegiance Coal remains hopeful that its partner, the state-owned Japan Oil, Gas and Metals National Corporation, will move into the second phase of the earn-in of the stripped back Kilmain coal project in Queensland’s Bowen Basin once the results of last year’s drilling are assessed.
Full Story...


Hazelwood considers coal alternative


THE owner of Australia’s dirtiest power plant, Victoria’s Hazelwood coal power station, is reportedly considering converting the brown coal-burning facility into a co-fired plant that would allow it to burn native forest waste.
Full Story...


Kinetiko hopes for early gas sales


SOUTH African gas developer Kinetiko Energy has it has received a non-binding expression of interest to develop its Amersfoort project in the nation’s coal fields.
Full Story...


AIMEX’s Asia focus particularly timely


THE future of Australia’s coal industry lies in the source of its boom – the Asia Pacific – and it is this which new Reed Mining Events boss Robert Clark hopes the industry can capitalise on at this year’s AIMEX conference.
Full Story...


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.
Full Story...


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 
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.
Full Story...


MORE COAL COMPANY ACTIVITY

White Energy to slash worker numbers


EDL’s triple Anglo treat


Ichor to lift its stake in Universal to 29.9%


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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 
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.
Full Story...


MORE COAL MARKETS

Hazelwood considers coal alternative


The Indian elephant in the room


Green shoots visible, despite challenges


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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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