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Anglo American’s pre-tax profits from its metallurgical coal operations slipped 97 per cent in 2020 as lower coal prices and underground incidents during the year at Grosvenor and Moranbah North took their toll. And the company advised that production guidance for 2021 stands at 18–20 million tonnes but is expected to be at the lower end of that rangeafter the suspension of operations at...
* Updated February 27 Moranbah North mining operations remain suspended as investigations continue into elevated gas levels detected last weekend. Meanwhile the CFMEU is calling on the Queensland Government to make urgent changes to the conduct of the ongoing Queensland Coal Mining Board of Inquiry to encompass the incident. Workers were withdrawn from the underground coal mine on Satu...
Clive Palmer’s Central Queensland Coal Project has progressed to the next stage of environmental scrutiny, with the State to hand down a report by April 28. The Queensland Department of Environment and Science (DES) said it had decided that the Environmental Impact Statement for the project could proceed to the assessment report stage. It stressed that this did not mean the project ...
Dalrymple Bay Infrastructure looks likely to proceed with a feasibility study this year for the $1.27 billion 8X project to expand coal terminal operations. The company – which listed on the stock exchange in December – released its FY20 results to the market today, showing that the Dalrymple Bay terminal near Mackay shipped 55 million tonnes of coal last year compared to 67 millio...
The ‘Welcome to Queensland’ mat has been taken off state’s front porch. At least that’s what new figures say about investors in the resources sector. Queensland now ranks number 16 out of 77 jurisdictions in the world in terms of investment attractiveness. Queensland has dropped an alarming six points over the past five years according to the the Fraser Institute’s ...
A Queensland start-up founded by three engineers during COVID-19 lockdown has signed its first major contract with Glencore. GreaseBoss is set to provide intelligent grease application hardware and cloud tracking technology for the miner, beginning with the Oaky Creek North site in the Bowen Basin. The business also announced this week that it had been selected to join the Silicon Valley st...
Bowen Coking Coal has appointed Stanmore Coal founder Nick Jorss as executive chairman to help lead the company into production in the Bowen Basin. Mr Jorss joined the board of Bowen Coking Coal in December 2018 as non-executive director. He said he was very pleased to be taking a more active role to help drive a period of rapid growth, underpinned by the near-term transition of the company...
Jord International has been awarded the first contract under the BHP Supplier Innovation Program Challenge after coming up with a safety solution for the Caval Ridge mine wash plant. The fixed plant maintenance team at Caval Ridge, near Moranbah, was looking for a safer way to perform maintenance on the filter presses that remove moisture from coal rejects at the wash plant. BHP group procu...
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