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Sunday
19 May 2013
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Macdonald’s wining and dining


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.
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News Wrap


IN THIS morning’s News Wrap: Rinehart railing; fears over sovereign wealth funds; and Patriot executives’ pay day.
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Warkworth could lead country to ruin


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


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


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


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.
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Carabella calls Bluff’s next phase


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.
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AMMA honours industry


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.
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Exergen seeks backdoor listing


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


EAST Energy has made the first draw down on its new Noble Group loan facility.
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Daw Mill fire finally out


THE fire that had been burning for almost three months at UK Coal’s Daw Mill colliery has been extinguished.
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Stingray no fish out of water


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


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.
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News Wrap


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.
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Productivity pain


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
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PWCS workers endorse future industrial action at Newcastle



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.
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Budget backlash echoes


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.
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Feds pushing more green tape on Qld coal mining: Seeney


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.
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Dryblower on the return of the boom (perhaps)


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%.
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Tough year ahead for capital raisings


GLOBAL data suggests the mining industry is in for a bleak year when it comes to raising funds, according to a leading research group.
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Vale shipments back up and running


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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PROFESSIONAL PLACEMENTS 
Senior Mining Engineer – International Coal Projects

  • Sydney, Brisbane or Melbourne Based
  • International Coal Development Projects
  • Great Team Environment & Company Culture

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MINE ACTIVITY 
Glencore cans Balaclava Island terminal


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


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COAL COMPANY ACTIVITY 
Patriot to pay execs $7M in bonuses


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


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


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COAL MARKETS 
Met coal sag despite Chinese pick-up


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


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EQUIPMENT 
Stingray no fish out of water


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


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R & D 
Crowd funding generates $18,000 for chemist’s coal research


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


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SAFETY AND HEALTH 
Visibility, inconsistent PPE use tied to WV death


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


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STATISTICS 
1600 coal mining jobs lost in April


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


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ENVIRONMENT 
Lobster boat stops coal delivery


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


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EDUCATION 
UT uni offers risk management event


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


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