Metallurgical coal

Nov 19, 2020
MACA brings in receivers over Bluff bills

MACA brings in receivers over Bluff bills

Mining contractor MACA says it has appointed receiver managers over the accounts of Bluff coal mine owner Carabella Resources over money it is owed. It comes after the company announced late last month that the Bluff PCI mine, 20km east of Blackwater, was being placed on care and maintenance amid soft coal prices and uncertainty over Chinese imports. It said it that stage that the par...

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Nov 04, 2020
Olive Downs rundown at November event

Olive Downs rundown at November event

Pembroke Resources’ $1 billion Olive Downs coking coal project will be the focus of the final Bowen Basin Mining Club luncheon for 2020. Pembroke Olive Downs general manager Blair Richardson will be keynote speaker at the November 26 event. The State Government in September announced the granting of the mining leases for the Bowen Basin project – the final approvals needed for ...

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Nov 04, 2020
Row over Bandt’s anti-coal message to South Korea

Row over Bandt’s anti-coal message to South Korea

Greens leader Adam Bandt has sparked a war of words after calling on members of South Korea’s National Assembly to get their government to stop buying Australian coal. Deputy Prime Minister Michael McCormack today slammed Mr Bandt’s comments as an attack on Australia’s national interest. “The Nationals urge Mr Bandt to immediately withdraw his comments and apologise to the ...

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Nov 02, 2020
Bowen Coking Coal boosts coffers as projects advance

Bowen Coking Coal boosts coffers as projects advance

Bowen Coking Coal has announced a successful $3 million capital raising as it fast-tracks the development program for the Broadmeadow East coking coal mine. The company said the funds would also go towards general working capital purposes, including Isaac River permitting and business development opportunities. “We are delighted with the support for the (share) placement and welcome a nu...

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Oct 29, 2020
Bluff coal mine to be mothballed

Bluff coal mine to be mothballed

The Bluff PCI mine in Central Queensland is being placed on care and maintenance amid soft coal prices and uncertainty over Chinese imports, contractor MACA says. The Carabella Resources-owned mine, 20km east of Blackwater, exports low-volatile PCI coal for use in steel production and has a workforce of about 140. MACA said the parties were working to fulfill current coal sales obligations,...

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Oct 26, 2020
Study backs $85m coal project as ‘attractive’ proposition

Study backs $85m coal project as ‘attractive’ proposition

A bankable feasibility study has given the official thumbs up for Stanmore Coal’s $85 million Isaac Downs project. Isaac Downs would be developed as a satellite operation to Stanmore’s Isaac Plains Complex near Moranbah, with an expected output of 2.5Mtpa saleable coking coal. The company said the project had been established as an attractive investment proposition, with an all-...

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Oct 23, 2020
Milestone for Crinum underground mining plans

Milestone for Crinum underground mining plans

Coal miner Sojitz Blue has re-entered the old Crinum underground workings this week in a milestone for the proposed restart of mining there early next year. Sojitz Blue managing director and chief executive officer Cameron Vorias said the seal had been broken and initial inspections encountered no unexpected issues. “Mastermyne, who are doing the work with us, are evaluating the condition...

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Oct 22, 2020
Whitehaven Coal to lodge EIS for $1b project by year’s end

Whitehaven Coal to lodge EIS for $1b project by year’s end

Whitehaven Coal expects to lodge the environmental impact statement (EIS) for its $1 billion Winchester South open-cut coal project by the end of 2020. Managing director and chief executive officer Paul Flynn told the AGM today that ongoing demand gave the company the confidence to plan for growth. This would support increased margins through product diversification, benefits of scale and s...

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Oct 22, 2020
Bumper quarter for Curragh coal mine

Bumper quarter for Curragh coal mine

Coronado’s Curragh mine near Blackwater delivered record sales volumes for the September quarter of 3.6 million tonnes. The result was a 20.6 per cent lift on the previous quarter in terms of sales volumes and a 24.5 per cent lift in saleable production, the company said. “This excellent result stemmed from an improvement in mining contract performance as well as the mobilisatio...

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