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Sunday
19 May 2013
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AUSTRALIAN BULLETIN
NORTH AMERICAN BULLETIN
Macdonald’s wining and dining
(Friday, 17 May 2013)
FORMER New South Wales minerals and energy minister Ian Macdonald has told the Independent Commission Against Corruption that he saw no problem with being entertained by people seeking mining licenses without a tender.
Full Story...
News Wrap
(Friday, 17 May 2013)
IN THIS morning’s News Wrap: Rinehart railing; fears over sovereign wealth funds; and Patriot executives’ pay day.
Full Story...
Warkworth could lead country to ruin
(Friday, 17 May 2013)
BAD government comes in many forms – as seen this week in the Australian government’s admission that its budget is in tatters –but for the worst example,
Hogsback
suggests a close look at the Warkworth coal situation because it is a case that may eventually bankrupt the country.
Full Story...
Bond gets the boot in Glencore vote
(Friday, 17 May 2013)
GLENCORE Xstrata shareholders have voted against the election of Sir John Bond as chairman, just two weeks after the creation of the company.
Full Story...
Met coal sag despite Chinese pick-up
(Friday, 17 May 2013)
A SLIGHT pick up in the Chinese economy has not been strong enough to lift metallurgical coal prices, which are still languishing with oversupply from Australia and Canada, according to a report by RBC Capital Markets.
Full Story...
Oz miners flunk indigenous relations
(Friday, 17 May 2013)
A STUDY which reviewed 53 of the top 200 Australia-listed resources companies found only one – a multinational conglomerate – had a clear public commitment to gaining indigenous consent before beginning a project.
Full Story...
Carabella calls Bluff’s next phase
(Friday, 17 May 2013)
CARABELLA Resources plans to launch a feasibility stage on its Bluff pulverised coal injection project in Central Queensland after the completion of a concept study.
Full Story...
AMMA honours industry
(Friday, 17 May 2013)
AT ITS fifth annual industry awards the Australian Mines and Metals Association has recognised leading resource companies for their excellence in workforce recruitment and practices, with OZ Minerals taking home two honours.
Full Story...
Exergen seeks backdoor listing
(Friday, 17 May 2013)
CLEAN coal technology company Exergen is aiming to list on the Australian Securities Exchange by merging with Cape Range.
Full Story...
East Energy makes first drawing on Noble loan
(Friday, 17 May 2013)
EAST Energy has made the first draw down on its new Noble Group loan facility.
Full Story...
Daw Mill fire finally out
(Friday, 17 May 2013)
THE fire that had been burning for almost three months at UK Coal’s Daw Mill colliery has been extinguished.
Full Story...
Stingray no fish out of water
(Friday, 17 May 2013)
MINNESOTA’S Superior Industries has released a material handling product aimed at reducing port and terminal downtime.
Full Story...
NuCoal continues support for Doyles Creek training mine
(Thursday, 16 May 2013)
NUCOAL Resources remains committed to the controversial training school at its Doyles Creek project in New South Wales, despite allegations to the corruption watchdog that the project was a pretext to gain approval by then minister for resources Ian Macdonald.
Full Story...
News Wrap
(Thursday, 16 May 2013)
IN THIS morning’s
News Wrap:
miners reject Gillard ‘rort’ claim; forecasts iron clad in reliance on mining; and coal decision mine to make, says Macdonald.
Full Story...
Productivity pain
(Thursday, 16 May 2013)
SO BHP Billiton boss Andrew Mackenzie wants to keep coal as a key pillar and boost productivity.
Supply Side
sees some problems he may have to overcome.
By Noel Dyson
Full Story...
PWCS workers endorse future industrial action at Newcastle
(Thursday, 16 May 2013)
THE bitter industrial struggle at the Port of Newcastle has intensified, with Port Waratah Coal Services workers endorsing future strikes if the company refuses to modify its enterprise agreement proposals.
Full Story...
Budget backlash echoes
(Thursday, 16 May 2013)
MINERS, government and industry analysts have led an outpouring of criticism for the newly declared federal budget, saying changes to the exploration capitalisation scheme will drive much-needed mining investment dollars overseas.
Full Story...
Feds pushing more green tape on Qld coal mining: Seeney
(Thursday, 16 May 2013)
THE federal government has imposed more unnecessary green tape on the resources sector in its latest budget, which will hinder Queensland’s coal industry, according to Deputy Premier Jeff Seeney.
Full Story...
Dryblower on the return of the boom (perhaps)
(Thursday, 16 May 2013)
THE boom is back! Well, not really but if you had been asleep for a while then
Dryblower
might be able to convince you that the Australian mining industry is enjoying boom conditions because that’s what you call a week when the mining component of the stock market rises by almost 10%.
Full Story...
Tough year ahead for capital raisings
(Thursday, 16 May 2013)
GLOBAL data suggests the mining industry is in for a bleak year when it comes to raising funds, according to a leading research group.
Full Story...
Vale shipments back up and running
(Thursday, 16 May 2013)
COAL transport from Brazilian miner Vale’s Moatize operation in Mozambique has restarted after a two-day stoppage due to protestors.
Full Story...
Cougar sets the record straight
(Thursday, 16 May 2013)
COUGAR Energy’s decision to terminate its memorandum of understanding with Hulaan Coal Corporation was not because the company believed Hulaan’s coal resources were unable to support a viable UCG project.
Full Story...
Mining downturn leads to contractor downgrades
(Thursday, 16 May 2013)
THE fallout from the coal industry downturn continues, with engineering group UGL and coal handling and preparation plant contractor Sedgman both announcing downgrades resulting from cost management initiatives of the major miners and project underperformance.
Full Story...
Patriot to pay execs $7M in bonuses
(Friday, 17 May 2013)
PATRIOT Coal has received court approval to pay $6.9 million in bonuses to 274 corporate executives and salaried employees.
Full Story...
Date set for Blacksville restart
(Friday, 17 May 2013)
CONSOL Energy’s Blacksville no 2 mine will reopen on May 20, more than two months after an underground fire idled production at the West Virginian longwall operation.
Full Story...
Dozens of miners lose Southern Coal jobs
(Friday, 17 May 2013)
SIX dozen workers are headed to the unemployment line this week after two coal mines in Harlan County, Kentucky, suddenly idled.
Full Story...
Bond gets the boot in Glencore vote
(Friday, 17 May 2013)
GLENCORE Xstrata shareholders have voted against the election of Sir John Bond as chairman, just two weeks after the creation of the company.
Full Story...
Lobster boat stops coal delivery
(Friday, 17 May 2013)
TWO anti-coal activists have prevented delivery of a 40,000-tonne coal shipment to Brayton Point power station, Massachusetts, by anchoring their lobster boat in the tanker’s way.
Full Story...
Met coal sag despite Chinese pick-up
(Friday, 17 May 2013)
A SLIGHT pick up in the Chinese economy has not been strong enough to lift metallurgical coal prices, which are still languishing with oversupply from Australia and Canada, according to a report by RBC Capital Markets.
Full Story...
PRB, Illinois Basin coal poised for rise: Boyce
(Friday, 17 May 2013)
WHILE suffering may be an understatement for what the coal market has been enduring over the past year or two, Peabody Energy chairman and chief executive officer Gregory Boyce says two of the nation’s top coal basins are going to see a resurgence.
Full Story...
Cat settles Siwei issues
(Friday, 17 May 2013)
CATERPILLAR and China-based Mining Machinery have resolved outstanding issues relating to the OEM giant’s acquisition of mining equipment firm ERA and its subsidiary, Zhengzhou Siwei Mechanical and Electrical Manufacturing (Siwei).
Full Story...
Colombia coal slips in Q1
(Friday, 17 May 2013)
LABOR issues and environmental problems are again the culprits of coal discord in Colombia, as government officials have reported a 21% year-on-year drop in production for the industry’s first quarter of 2013.
Full Story...
Stein joins Vital Alert
(Friday, 17 May 2013)
THROUGH-the-earth communications system developer Vital Alert Communication has appointed mining and communications industry veteran Andy Stein to lead its business development and marketing initiatives.
Full Story...
Warkworth could lead country to ruin
(Friday, 17 May 2013)
BAD government comes in many forms – as seen this week in the Australian government’s admission that its budget is in tatters –but for the worst example,
Hogsback
suggests a close look at the Warkworth coal situation because it is a case that may eventually bankrupt the country.
Full Story...
L&L expands on pact with Datang
(Friday, 17 May 2013)
US-BASED and China-focused miner L&L Energy has signed a deal to provide 1 million tons per annum of coal to a Datang International Power Generation facility in China.
Full Story...
Wall Street wobbles
(Friday, 17 May 2013)
AFTER a strong start to the week, US stocks closed lower on Thursday after slipping late in the day. The market’s coal stocks fared well, with Oxford Resource Partners posting an 8.8% gain despite announcing lower first quarter revenue.
Full Story...
HOGSBACK
Warkworth could lead country to ruin
(Friday, 17 May 2013)
BAD government comes in many forms – as seen this week in the Australian government’s admission that its budget is in tatters –but for the worst example,
Hogsback
suggests a close look at the Warkworth coal situation because it is a case that may eventually bankrupt the country.
Full Story...
MORE HOGSBACK
Warkworth could lead country to ruin
Hogsback on the great coal value conundrum
Hogsback on the great coal value conundrum
VIEW ALL STORIES
PROFESSIONAL PLACEMENTS
Senior Mining Engineer – International Coal Projects
(Tuesday, 14 May 2013)
Sydney, Brisbane or Melbourne Based
International Coal Development Projects
Great Team Environment & Company Culture
Full Story...
MINE ACTIVITY
Glencore cans Balaclava Island terminal
(Tuesday, 14 May 2013)
THE newly merged Glencore-Xstrata is withdrawing from the Balaclava Island export terminal development north of Gladstone in Queensland.
Full Story...
MORE MINE ACTIVITY
Gloucester petitions against Rocky Hill project
Call to analyse benefits of Singleton mine housing proposal
Carbon Creek on the fast track
VIEW ALL STORIES
COAL COMPANY ACTIVITY
Patriot to pay execs $7M in bonuses
(Friday, 17 May 2013)
PATRIOT Coal has received court approval to pay $6.9 million in bonuses to 274 corporate executives and salaried employees.
Full Story...
MORE COAL COMPANY ACTIVITY
Date set for Blacksville restart
Dozens of miners lose Southern Coal jobs
Bond gets the boot in Glencore vote
VIEW ALL STORIES
OEM/SUPPLIER ACTIVITY
Cat settles Siwei issues
(Friday, 17 May 2013)
CATERPILLAR and China-based Mining Machinery have resolved outstanding issues relating to the OEM giant’s acquisition of mining equipment firm ERA and its subsidiary, Zhengzhou Siwei Mechanical and Electrical Manufacturing (Siwei).
Full Story...
MORE OEM/SUPPLIER ACTIVITY
Cat scratches new name in ball park
Cat CTO calls for immigrant workers despite cutbacks
Innovative solution for longwall take-off approaches
VIEW ALL STORIES
COAL MARKETS
Met coal sag despite Chinese pick-up
(Friday, 17 May 2013)
A SLIGHT pick up in the Chinese economy has not been strong enough to lift metallurgical coal prices, which are still languishing with oversupply from Australia and Canada, according to a report by RBC Capital Markets.
Full Story...
MORE COAL MARKETS
Met coal sag despite Chinese pick-up
Colombia coal slips in Q1
Prices, demand sink Colombia’s Q1 export ship
VIEW ALL STORIES
EQUIPMENT
Stingray no fish out of water
(Friday, 17 May 2013)
MINNESOTA’S Superior Industries has released a material handling product aimed at reducing port and terminal downtime.
Full Story...
MORE EQUIPMENT
Cracks starting to show
More than 150 on the block
Redpath goes blue
VIEW ALL STORIES
R & D
Crowd funding generates $18,000 for chemist’s coal research
(Friday, 10 May 2013)
THE fierce environmental debate surrounding coal export terminals in the northwest has generated enough heat to fully fund a University of Washington professor’s research project.
Full Story...
MORE R & D
Whiteboard wonder
Greyhound goes Wi-Fi
Mixing coal and drugs for money
VIEW ALL STORIES
SAFETY AND HEALTH
Visibility, inconsistent PPE use tied to WV death
(Wednesday, 15 May 2013)
FEDERAL officials have issued a series of safeguards to a West Virginia operator for a November powered haulage fatality where limited visibility was a significant issue.
Full Story...
MORE SAFETY AND HEALTH
Beware the rotating drill
Mine that exploded should have been closed: report
China blasts kill 40 miners
VIEW ALL STORIES
STATISTICS
1600 coal mining jobs lost in April
(Monday, 6 May 2013)
COAL mining employment tumbled again in April, with employers cutting 1600 jobs over the month.
Full Story...
MORE STATISTICS
Illinois sets coal export record
Illinois sets coal export record
VIEW ALL STORIES
ENVIRONMENT
Lobster boat stops coal delivery
(Friday, 17 May 2013)
TWO anti-coal activists have prevented delivery of a 40,000-tonne coal shipment to Brayton Point power station, Massachusetts, by anchoring their lobster boat in the tanker’s way.
Full Story...
MORE ENVIRONMENT
Stingray no fish out of water
Going back to rehab
New solutions for air and water quality assessment in mining regions
VIEW ALL STORIES
EDUCATION
UT uni offers risk management event
(Wednesday, 15 May 2013)
MINING engineering institution the University of Utah is offering a five-day course in risk and change management at its campus next month to examine operational risk management concepts in the industry.
Full Story...
MORE EDUCATION
Robertson to speak at ventilation conference
VIEW ALL STORIES
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1600 coal mining jobs lost in April
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