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Saturday
19 May 2012
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BMA poll results today as strikes loom


BHP Billiton Mitsubishi Alliance is bracing for an escalation of industrial action by three key unions next week across its seven mines in Queensland’s Bowen coal region after the results of a ballot for 4000 of its employees on its proposed enterprise agreement are revealed today.
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News Wrap


IN THIS morning’s wrap: BHP wants to be free of unions; fund manager welcomes BHP's capex pullback; WA future fund tipped to grow to $A4.7B; and warning on Indonesia's rising economic nationalism.
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Charge of the coal brigade


COAL miners are a courageous lot. It takes guts to burrow underground in a dangerous place, which is why Hogsback wonders whether the same fearlessness has rubbed off on some people in senior management who might be treading financial markets a bit too boldly.
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QR National clinches Qld Vale agreement


QR NATIONAL is seeking to protect its dominance in the Queensland freight market by securing a pre-emptive agreement with Brazilian giant Vale to evaluate rail and infrastructure proposals for its planned mines in the Galilee and Bowen basins before rival rail corridors by Clive Palmer and Indian group GVK are considered.
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Working in isolation


WHILE its conveyor remote isolation system is winning friends in the iron ore sector, a Western Australian company remains hopeful of cracking the coal market too.
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Encouraging hits at Bowen Basin greenfield


COKING and thermal coal explorer Endocoal has intersected two coal seams in the first hole of a scout drilling program at its greenfield Talwood tenement in Queensland’s Bowen Basin.
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Australia attracting more foreign investment


AUSTRALIA’S strong economy has made it one of the top 10 destinations for foreign direct investment with figures showing a rise of 6.6% last year to a record $A507 billion.
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Rig utilisation on the up for Swick


SWICK Mining Services expects its fleet utilisation rate to reach 86% by the end of next month and its global underground diamond drilling rig fleet to hit 67 by December with the commissioning of six rigs.
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Project list levels the field: Albanese


THE federal government says its National Infrastructure Construction Schedule is a major step towards creating a transparent, competitive and truly national infrastructure market.
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More work for VDM


MINING and civil contractor VDM Group continues to strengthen its balance sheet after scoring a handful of contracts, including a $A15 million deal to undertake work at CITIC Pacific’s Sino Iron project in the Pilbara region of Western Australia.
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Fuchs invests in Australia


FUCHS Petrolub AG chief executive officer Stefan Fuchs recently visited Australia to announce a significant investment and $3.5 million expansion of the lubricant manufacturer’s Melbourne facility and a major redevelopment in Newcastle.
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Blast kills six in China coal mine


A GAS explosion in a coal mine in China’s northwest killed six people Tuesday evening, according to state media.
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India urged to open coal to private miners


FOLLOWING recent news of mine closure notices and a shift in government policy, India faces additional pressure to dissolve Coal India’s monopoly and increase domestic production.
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Tragedy strikes WV coal operation


AN EMPLOYEE of Alpha Natural Resources subsidiary Independence Coal died yesterday as a result of a fall at the miner’s Liberty coal preparation plant.
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Arch issues notes


ARCH Coal subsidiary Arch Western Finance has issued approximately $US304 million of its 6.75% senior notes due 2013 in an initial settlement.
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Charge of the coal brigade


COAL miners are a courageous lot. It takes guts to burrow underground in a dangerous place, which is why Hogsback wonders whether the same fearlessness has rubbed off on some people in senior management who might be treading financial markets a bit too boldly.
Full Story...

Fortune goes up a notch


FORTUNE Minerals has made it to the big leagues, at least in terms of its trading on the OTC markets exchange.
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Alpha reloads board, talks strategy


ALPHA Natural Resources elected nine members to its board of directors and named its chief executive as chairman as the coal miner published its first sustainability report.
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Kickapoo tribe gives up coal fight


A MEXICAN junior has reportedly stepped closer to realizing a Texas coal mining project as native objectors the Kickapoo Traditional Tribe of Texas have officially withdrawn their opposition.
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Lexington to expand Chilean portfolio


NEVADA-based Lexington Energy Services has begun negotiations for a second coal concession in Chile.
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Continental eyes $15M Colombian purchase


CONTINENTAL Coal will seek to diversify out of South Africa by entering into an exclusive option for the potential acquisition of a 50% interest in a producing hard coking coal mine in Colombia for $US15 million.
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China coal imports almost double since last year


CHINA has reportedly increased its coal consumption by 90% in April compared to a year earlier.
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Mongolia to cap foreign ownership


THE Parliament of Mongolia has approved a law that caps foreign direct investment into a number of key strategic sectors including coal.
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Coal stocks hit hard on NYSE


A HARSH day for mining and energy companies resulted in big drops in coal stocks on the New York Stock Exchange yesterday. James River Coal fell 6.3% to close at $US3.42 and Patriot Coal slipped another 5.9% to finish at $3.52.
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Hard fought gains on TSX


BIG losses for EastCoal and Xinergy counterbalanced a slightly sunnier outlook for Toronto Stock Exchange-listed coal as several companies managed gains among the gloom. Cline Mining posted a 19% climb to C69c.
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EPA air standards policy signed: report


US Environmental Protection Agency administrator Lisa Jackson has reportedly signed the policy that sets emissions controls for electricity generators with coal and oil-fired power plants.
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HOGSBACK 

Charge of the coal brigade


COAL miners are a courageous lot. It takes guts to burrow underground in a dangerous place, which is why Hogsback wonders whether the same fearlessness has rubbed off on some people in senior management who might be treading financial markets a bit too boldly.
Full Story...


MORE HOGSBACK

Charge of the coal brigade


Hog sniffs out budget good news


Hog sniffs out budget good news


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PROFESSIONAL PLACEMENTS 
Mechanical Engineer West Wallsend Colliery, Newcastle, NSW, Ref. No. TC0942


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Technical Services Manager

Xstrata Coal NSW is a world leading coal producer. Safety conscious. Highly respected. Community aware. With national parks and vineyards an easy drive away, you’ll enjoy living and working in a great location. At Xstrata, we encourage you to show initiative, make decisions and take both personal and site responsibility. In return we’ll reward you well, while you keep your family nice and close.
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Manager Mechanical Engineering

  • substantial salary and monetary incentives
  • generous leave
  • housing and health benefits
  • family friendly with child care support
  • excellent scope for career and professional development

  • Full Story...



    GENERAL APPOINTMENTS 
    Hodges hires Rossouw to shape coal projects


    BOTSWANA-focused coal explorer Hodges Resources has named Ralph Rossouw as technical and operations manager with immediate effect.
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    Cliffs chiefs play musical chairs


    CLIFFS Natural Resources has begun the second quarter this year with a major management and strategy overhaul that will realign several corporate departments under a single, new organizational structure.
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    Cardero signs COO


    CANADIAN producer Cardero Resource has appointed 25-year mining veteran Angus Christie as its chief operating officer starting June 1.
    Full Story...



    MORE GENERAL APPOINTMENTS

    Arch taps Sloan for strategy, public policy seat


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    MINE ACTIVITY 
    Four Alpha properties go home with Holmes


    TWO West Virginia surface operations, an underground mine and a dock facility owned by Alpha Natural Resources have earned prestigious Holmes safety awards for achievements in safety last year.
    Full Story...


    MORE MINE ACTIVITY

    Kestrel expands indigenous workforce ahead of extension


    The earth really did move


    The earth really did move


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    COAL COMPANY ACTIVITY 
    Arch issues notes


    ARCH Coal subsidiary Arch Western Finance has issued approximately $US304 million of its 6.75% senior notes due 2013 in an initial settlement.
    Full Story...


    MORE COAL COMPANY ACTIVITY

    Fortune goes up a notch


    Working in isolation


    Kickapoo tribe gives up coal fight


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    OEM/SUPPLIER ACTIVITY 
    Fuchs invests in Australia


    FUCHS Petrolub AG chief executive officer Stefan Fuchs recently visited Australia to announce a significant investment and $3.5 million expansion of the lubricant manufacturer’s Melbourne facility and a major redevelopment in Newcastle.
    Full Story...


    MORE OEM/SUPPLIER ACTIVITY

    Industrea seeks merger with GE in $470M deal


    GE offers $470M for Industrea


    Ansaldo wins Roy Hill rail system contract


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    COAL MARKETS 
    Rhino solid despite sagging market


    KENTUCKY coal producer Rhino Resource Partners has managed to increase quarterly earnings despite weak US market conditions affecting sales.
    Full Story...


    MORE COAL MARKETS

    Will gas usurp King Coal?


    US exports to China may double


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    EQUIPMENT 
    Rig utilisation on the up for Swick


    SWICK Mining Services expects its fleet utilisation rate to reach 86% by the end of next month and its global underground diamond drilling rig fleet to hit 67 by December with the commissioning of six rigs.
    Full Story...


    MORE EQUIPMENT

    Portable gas analyser detects almost any gas


    Barloworld bullish


    Ambre wires new system across US mines


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    R & D 
    Getting the mud to stick (where it’s needed)


    IN THIS game Supply Side has seen his fair share of mud slung. Never slung any myself you understand. Would never do that. But there are times when getting the mud to stick where it is needed is vital. By Noel Dyson
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    MORE R & D

    Carbon capturer opens


    Carbon capturer opens


    Coal major gives thumbs up to mgmt software


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    SAFETY AND HEALTH 
    Tragedy strikes WV coal operation


    AN EMPLOYEE of Alpha Natural Resources subsidiary Independence Coal died yesterday as a result of a fall at the miner’s Liberty coal preparation plant.
    Full Story...


    MORE SAFETY AND HEALTH

    Operator gets federal orders for VA fatality


    Alpha dominates mine rescue competition


    Alpha builds a stronger mine safety foundation


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    ENVIRONMENT 
    Kickapoo tribe gives up coal fight


    A MEXICAN junior has reportedly stepped closer to realizing a Texas coal mining project as native objectors the Kickapoo Traditional Tribe of Texas have officially withdrawn their opposition.
    Full Story...


    MORE ENVIRONMENT

    EPA air standards policy signed: report


    Environmentalists go to court over BHP’s Navajo plans


    Drayton seeks to expand its Upper Hunter footprint


    VIEW ALL STORIES

    EDUCATION 
    Rio moves to double apprentices


    RIO Tinto has unveiled plans to rapidly expand its apprenticeship and trainee programs in a bid to help alleviate the growing skills shortage.
    Full Story...


    MORE EDUCATION

    Mining engineering back to Michigan Tech


    Best and brightest


    Website to dispel NSW mining myths


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