Coal – Open Cut
Indian demand may boost Australian coal exports
Australia's buoyant coal industry has received another positive signal that any extra export volumes will be eagerly snapped up by international buyers, particularly a rapidly-expanding market in India.
Energy & minerals prices to dip in second half: ABARE
World prices for many energy and minerals commodities in the second half of 2010 are forecast to average lower than the first half of the year, according to the Australian Bureau of Agricultural & Resource Economics (ABARE).
Vale targets Aquila share of Belvedere coal project
Following its US$92 million purchase of AMCI’s stake in the Belvedere coal project in Central Queensland, Vale said it has now exercised its option to purchase Aquila’s 24.5 per cent stake to take full control and ownership of the project.
GBI’s OPTIDRAG set to go global
GBI’s award-winning human factors engineering process OPTIDRAG™ looks set to take the mining and engineering world by storm when it is released internationally later this year.
QR divestment – the case for a different model
The Queensland Resources Council’s Michael Roche spoken at a recent industry event about the need for industry to have more of a say in the ownership of QR's coal track business.
The push towards short-term pricing of coking coal
This year has seen a shift in the coking coal market, towards a more flexible pricing environment, like that of the thermal coal market where prices have been indexed for the past ten years.
Rio still cautious on short-term volatility
At the release of Rio Tinto’s first quarter production results, the group’s chief executive Tom Albanese, said there was still caution despite a strong outlook in the longer term.
BHP shows strength in iron ore & petroleum production
The latest production report from BHP Billiton shows the impact of its growth projects and positive results in its high grade crude operations following the commencement of the Pyrenees project.
Coal export bottlenecks 'costing millions'
The record bottlenecks at Australia's coal export terminals are incurring millions in demurrage costs and the loss of millions of tonnes of coal exports as buyers look to other markets.
ACCC announcement on problem coal terminal
The Australian Competition and Consumer Commission (ACCC) has made a draft decision to move coal capacity from Barney Point, due to community concerns about coal dust and noise pollution in recent years.
Sustainability and coal seam gas – Part two
An upfront investment in environmentally and socially sensitive design is likely to pay dividends for the Coal Seam Gas (CSG) industry, according to engineering, sciences and project delivery firm, Sinclair Knight Merz.
Sustainability and coal seam gas – Part one
An upfront investment in environmentally and socially sensitive design is likely to pay dividends for the Coal Seam Gas (CSG) industry, according to engineering, sciences and project delivery firm, Sinclair Knight Merz.
Platts introduces world-first daily coal price assessments
Global energy and metals information provider, Platts, has launched the world’s first daily metallurgical coal assessments to address miners’ and steel mills’ needs for independent data in the burgeoning Asian market.
Industry bid for QR coal sale ignored by Premier
Queensland coal producers will work together and bid for ownership of QR’s coal rail network in central Queensland, believing that privatisation is not in the interests of the industry or taxpayers.
John Holland completes $52m Abbot Point shiploader
On March 1st, John Holland reached a major project milestone in Queensland, with the completion of the Abbot Point X50 Shiploader SL2 project, on behalf of North Queensland Bulk Ports.
Coal hauls Asciano back into the black
Coal haulage has helped bring Asciano out of the red with the rail and ports operator posting a net profit after tax of $79 million for the first half of the year.
Don’t lock industry out of QR sale: QRC
Queensland’s $40 billion a year coal industry should not be dismissed by the state government as a potential investor in the planned privatisation of QR’s coal rail business, according to the QLD Resources Council (QRC).
PWCS to boost annual coal exports to 133m tonnes
Port Waratah Coal Services (PWCS) will embark on its most expensive expansion in more than a decade in a bid to keep pace with surging demand for coal through the port of Newcastle.
BHP half-year reflects strong demand for steelmaking materials
BHP Billiton’s half-year to the end of December revealed record sales volumes in three key commodities and a “sound” financial performance according to managing director Marius Kloppers.
Resourcehouse claims Australia’s biggest export deal
On February 6th, Resourcehouse chairman, Professor Clive Palmer, announced the company had secured Australia’s biggest export contract with a US$60 billion deal for its proposed China First coal mine and infrastructure project in Central Queensland.
