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3 September 2010

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COAL STORIES

[ 2149 Results - Showing Results 1 to 30 ]

Stanmore unveils maiden Mackenzie resource
(Thursday, 2 September 2010)

STANMORE Coal has set an initial inferred resource of 99 million tonnes of coking coal at its wholly owned Mackenzie River open cut project near Blackwater in Queensland.
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Another quick boost for Bathurst
(Thursday, 2 September 2010)

BATHURST Resources has increased the total resources of the Deep Creek prospect within its Buller coking coal project in New Zealand by more than 80% to 10.9 million tonnes.
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Coal of Africa scales down Vele development
(Thursday, 2 September 2010)

COAL of Africa has cut 596 jobs at its Vele Colliery in South Africa as the company battles unexpected green tape.
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Miner dies in vehicle rollover **UPDATED**
(Wednesday, 1 September 2010)

WESFARMERS will restart operations at its Curragh open cut coal mine in Queensland at 7pm tonight after a vehicle rollover that killed a miner and injured three others yesterday.
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Qld coal bears brunt of skills shortage
(Tuesday, 31 August 2010)

QUEENSLAND’S coal industry will start feeling the effects of an acute skills shortage as early as next year as new low-emission energy coal seam gas companies start aggressively recruiting skilled workers in the state.
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New Hope lifts production, sales and exports
(Tuesday, 31 August 2010)

NEW Hope increased raw coal production by 20% to 9.67 million tonnes in the 12 months to the end of July, while the company is expecting to pick up two Central Queensland coal permits in the next few months.
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Gloucester’s play for Middlemount
(Friday, 27 August 2010)

GLOUCESTER Coal shareholders will vote on the Middlemount acquisition proposal on September 28, a move which could reduce Noble Group’s ownership of Gloucester to 60%.
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Macarthur back on the acquisition track
(Tuesday, 24 August 2010)

THE rationalisation of the Australian coal mining sector is set to continue, with Macarthur Coal calling for a trading halt this morning ahead of the announcement of an acquisition and capital raising.
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Coalworks makes a land grab
(Monday, 23 August 2010)

EXPLORER Coalworks has struck a binding agreement to purchase key land within the Vickery South project near Gunnedah in New South Wales.
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Big year for Riversdale
(Monday, 23 August 2010)

RIVERSDALE Mining posted a $A779,000 net loss for the recent financial year, 360% down on the previous 12 months, as the company continues to advance its massive coal projects in Mozambique.
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Big boost to measured Middlemount resources
(Monday, 23 August 2010)

MACARTHUR Coal and commodities trader Noble Group have boosted the measured resources of their Middlemount project in Queensland’s Bowen Basin by 192% to 89.3 million tonnes.
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Wesfarmers remains keen on coal expansion
(Friday, 20 August 2010)

REVENUE from Wesfarmers’ resources division slumped by 41% to $A1.42 billion in the recent financial year on the back of lower coal prices, but major expansion plans for the Curragh and Bengalla mines are well underway.
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MRRT may force FMG coal plans offshore
(Wednesday, 18 August 2010)

FORTESCUE Metals Group’s push into coal will likely focus on overseas exploration, according to FMG chief executive Andrew Forrest, who told journalists today the company’s diversification strategy will be pushed offshore if a re-elected Labor government introduces its proposed Minerals Resource Rent Tax.
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FMG cuts into coal
(Wednesday, 18 August 2010)

ANDREW Forrest’s Fortescue Metals Group will diversify into coal exploration as it seeks to further feed the burgeoning Chinese steel industry.
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Coalspur’s TSX listing
(Wednesday, 18 August 2010)

COALSPUR plans to list on the Toronto Stock Exchange by the end of September.
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Coal float sinks
(Tuesday, 17 August 2010)

NATHAN Tinkler’s Aston Resources did not live up to the hype as its shares slumped 4.4% in the company’s debut on the Australian Securities Exchange today.
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New Hope takes a stand against MRRT
(Tuesday, 17 August 2010)

NEW Hope chairman Robert Millner expects the Minerals Resource Rent Tax to hit the company’s profits by more than 10% and has urged shareholders to consider the tax’s impact when voting this Saturday.
Full Story...

CFMEU: KordaMentha beats Stowe at mine management
(Tuesday, 17 August 2010)

WHILE there is speculation that former Griffin Coal tycoon Ric Stowe might try and arrange finance to repurchase the debt-laden Western Australian coal company, a union official is pleased with the management provided by administrator KordaMentha.
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Even better resources at Eagle Downs
(Monday, 16 August 2010)

THE Eagle Downs hard coking coal project in Queensland is subject to court action between its equal joint venture partners Aquila Resources and Vale, but in the mean time the measured resources of the longwall project are up 70% to 577 million tonnes.
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Belvedere battle looms
(Friday, 13 August 2010)

VALE remains determined to acquire Aquila Resources’ 24.5% share of the $A2.81 billion Belvedere hard coking coal project in Queensland for less than $US100 million ($A111 million), a price that does not reflect some of the recent deals in the coal scene.
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Qld govt approves BMA’s Caval Ridge mine
(Friday, 13 August 2010)

AFTER more than 18 months of environmental assessment, the Queensland government has approved BHP Billiton Mitsubishi Alliance’s $A4 billion Caval Ridge open cut coal mine in the Bowen Basin.
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Coal of Africa stung by Green Scorpions
(Thursday, 12 August 2010)

COAL of Africa shares closed 23% lower today as the company was ordered by South Africa’s environment department to cease construction at the Vele Colliery amid an investigation into alleged illegal activities.
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Banpu closer to Centennial acquisition
(Wednesday, 11 August 2010)

BANPU’S $A2 billion takeover of Centennial Coal passed another hurdle as shareholders of the Thai energy company approved the acquisition yesterday.
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Coal of Africa battles green resistance
(Monday, 9 August 2010)

COAL of Africa is confident it can overcome environmental opposition to its Vele project after a constructive meeting with senior officials of South Africa’s Department of Environmental Affairs.
Full Story...

Alpha stalks Whitehaven
(Monday, 9 August 2010)

US coal mining giant Alpha Natural Resources is believed to have teamed up with energy investment firm First Reserve to consider a $A3 billion takeover of Whitehaven Coal.
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Aston float on the way
(Monday, 9 August 2010)

NATHAN Tinkler’s Aston Resources completed the book build for its $A400 million initial public offering late on Friday. Asian commodities traders Noble Group and Itochu Corporation will become smaller shareholders than expected while the float is due for completion on August 23.
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Cockatoo proves up sizeable reserves
(Friday, 6 August 2010)

MINOR coal producer Cockatoo Coal has set a maiden 74.2 million tonnes of marketable coal reserves from its portfolio of Queensland projects.
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Another Rio record
(Thursday, 5 August 2010)

IN a sure sign miners’ economic times are improving, Rio Tinto has announced record first-half underlying earnings of $US5.8 billion ($A6.34 billion) – 125% up on the 2009 first half. The company also has declared an interim US45c dividend.
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Friedland warns of Mongolian coal threat
(Thursday, 5 August 2010)

MONGOLIA’S lower-tax coal sector could rob global market share from Australia, according to Canadian billionaire mining executive Robert Friedland.
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Residents rally against Margaret River coal project
(Thursday, 5 August 2010)

CELEBRITY chef Ian Parmenter is leading residents' activist group NO COAL!tion Margaret River against the underground Vasse coal project 15km from the popular tourist town in Western Australia. He reveals his concerns to MNN.
Full Story...

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TODAY'S NEWS

FMG shareholder files for damages

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Stanmore unveils maiden Mackenzie resource

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