Caledon goes into voluntary administration16th May 2017
AN INRUSH incident that submerged the longwall at Caledon’s Cook Colliery in Queensland in March 7 has led to the company to appoint PPB Advisory as administrators.
Mitchell Services wins Glencore contract16th May 2017
Mitchell Services has been awarded a three-year contract with Glencore Coal Assets Australia across a number of their Queensland coal operations.
Stanmore Coal: Operational Update15th May 2017
Stanmore Coal delivered a record month for coal mined and coal processing at Isaac Plains during April, demonstrating continued improvements in operational performance.
Key coal chain in Queensland, Australia, recovering well after cyclone, but delays remain: miner11th May 2017
A major coal chain in North Queensland, Australia, that exports via the Dalrymple Bay Coal Terminal, is recovering well after being severely impacted by a tropical cyclone in late-March, but there are still lingering delays, Australian coal producer Stanmore Coal said Wednesday.
Australia's cyclone-hit coal exporters face long port queues: miner10th May 2017
Vessels loading coal from Australia's cyclone-hit Bowen Basin will face "significantly longer" port queues when the key Goonyella rail line returns to full capacity in the second half of May, a miner said on Wednesday.
Banks like Westpac wave coal toward private equity8th May 2017
When Westpac Banking Corp announced strict new limits on the amount of money it would lend to coal miners last week, as merely the confirmation of a trend that had become very clear in recent years.
Rio Tinto’s $2bn coking coal assets attracts plenty of interest5th May 2017
Rio Tinto has received more than 50 expressions of interest since it flagged early this year it would sell its Queensland coking coal assets as it works towards meeting its $8 billion worth of divestments.
New Hope could present Surat coal project next year5th May 2017
A series of projects to extract more than a billion tonnes of thermal coal from the Surat Basin could be presented to the State Government by as early as next year.
Springvale mine expansion approved21st April 2017
A spokesperson for Centennial Coal said the decision was welcome.
South 32 scraps plan to buy Peabody mine19th April 2017
BHP Billiton spin-off South32 has abandoned plans to spend $US200 million buying a metallurgical coal mine in NSW, combined with a stake in the Port Kembla Coal Terminal, from Peabody Energy.