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coal Industry News

Jan 06, 2021
Bureau forecasts continued hard rain for the north

Bureau forecasts continued hard rain for the north

The Bureau of Meteorology says remnants of ex-tropical cyclone Imogen and a coastal trough are triggering widespread rain areas, heavy showers and thunderstorms for the northeast and central tropics.  Widespread falls are expected to become more isolated through today. The warning area moved south overnight covering the area north of Ingham to north of Proserpine and east of Charters t...

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Jan 05, 2021
Ex-tropical cyclone localises its impact

Ex-tropical cyclone localises its impact

The Bureau of Meteorology reports at 5pm (AEST), Ex-tropical cyclone Imogen was located approximately 120 kilometres east of Georgetown, and is slow-moving.  A coastal trough extends from ex-Imogen into the Coral Sea, and is triggering widespread rain areas, heavy showers and thunderstorms for the northeast tropics. Heavy rainfall is expected with six hourly rainfall totals between 150...

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Jan 05, 2021
Researchers call for cautious progress in deep sea mining

Researchers call for cautious progress in deep sea mining

University of Queensland (UQ) researchers have urged for regulatory caution in a new paper which emphasises just how little is known about the potential impacts of deep sea mining (DSM).  DSM is the process of retrieving minerals from the ocean floor at depths of up to 5km. Depending on the type of mineral, DSM can involve scooping up metallic nodules from the seafloor, or more intrusive ...

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Dec 24, 2020
Thiess sale due for completion by year’s end

Thiess sale due for completion by year’s end

The sale of half of what’s been described as ‘the world’s largest mining services provider’ is due to be settled in the next week. CIMIC Group’s 50 percent sale values Thiess at AUD4.3 Billion. The group announced in October that it had entered into an agreement with funds advised by Elliott Advisors (UK) regarding the acquisition by Elliott of a 50 percent equ...

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Dec 21, 2020
Shell sells part of its stake in QCLNG

Shell sells part of its stake in QCLNG

Shell has announced it will off-load a quarter plus interest in Queensland Curtis LNG (QCLNG) Common Facilities. The company will sell 26.25 percent to Global Infrastructure Partners Australia for US$2.5 billion.The Common Facilities are currently 100 percent owned by Shell and include LNG storage tanks, jetties and operations infrastructure that service QCLNG’s LNG trains on Curtis Island o...

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Dec 21, 2020
Ventia awarded Anglo American contract

Ventia awarded Anglo American contract

Ventia has been awarded a contract to deliver comprehensive facility and asset management services to Anglo American’s Metallurgical Coal business operations in the Bowen Basin, Central Queensland. The company refers to itself as ‘Ventia is one of the largest essential services providers in Australia and New Zealand … today we have over 35,000 people and subcontractors …...

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Dec 21, 2020
Resources and energy report holds a mixed bag

Resources and energy report holds a mixed bag

The latest Resources and Energy Quarterly forecast holds a mixed bag of results. Pressure on coal and energy prices is offset by gains in iron ore and gold. That’s likely to be the case for the next few years according to the report. The forecast is also bullish about base metals. The outlook for Australia’s resource and energy exports had improved over the past three months...

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Dec 18, 2020
Anglo active in addressing mine safety concerns

Anglo active in addressing mine safety concerns

Anglo American says it is continuing to respond to the Grosvenor mine gas incident, which left five men injured, including through investing in the acceleration of technology to improve safety in underground mining. The Queensland Coal Mining Board of Inquiry established to look into the May 6 underground explosion published Part 1 of its report online this week (available HERE). Anglo Amer...

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Dec 18, 2020
Board of Inquiry delivers early findings

Board of Inquiry delivers early findings

A key coal mining safety report has highlighted the need to transform the Queensland Mines Inspectorate into ‘an employer of choice’ and for companies to better recognise the seriousness of methane exceedances. The Queensland Coal Mining Board of Inquiry was established to look into an underground explosion which injured five men at Anglo American’s Grosvenor mine on May 6, ...

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