fbpx

Metallurgical coal

Dec 14, 2020
New owners in groundwork at Broadmeadow East

New owners in groundwork at Broadmeadow East

Bowen Coking Coal has mobilised a drilling team to conduct a coal quality and groundwater monitoring campaign at its Broadmeadow East project, near Moranbah. The company completed acquisition of the coking coal project from Peabody Energy in September for $1 million cash plus royalties of up to $1.5 million.  It has flagged plans to start… ...

Read More
Dec 11, 2020
Sumitomo backs next phase of Hillalong exploration

Sumitomo backs next phase of Hillalong exploration

Sumitomo is taking its backing for the Hillalong coal project in the Bowen Basin to the next level, confirming it will proceed with Phase 2 of a joint venture agreement. This follows a successful Phase 1 exploration program which resulted in a maiden JORC Resource of 43 million tonnes and confirmation that the Bowen Coking… ...

Read More
Dec 09, 2020
Macmahon seals deal on $250m Foxleigh contract

Macmahon seals deal on $250m Foxleigh contract

Macmahon Holdings says it has been formally awarded a $250 million contract for work at the Foxleigh coal mine near Middlemount in Central Queensland. It comes after the mining services firm was named as preferred contractor in October. The agreement will see Macmahon provide equipment hire and maintenance services at the Foxleigh mine over a… ...

Read More
Dec 03, 2020
Christmas lull for Bowen Basin coal sites

Christmas lull for Bowen Basin coal sites

Peabody Energy will shut down production at two Bowen Basin coal operations for four weeks over Christmas. The company has briefed the workforce of the plan to temporarily idle production at Coppabella and Moorvale mines, and they will be able to access paid leave for the period. “Like most other Australian mining operators, Peabody has… ...

Read More
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… ...

Read More
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… ...

Read More
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… ...

Read More
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… ...

Read More
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… ...

Read More
Menu