Development of Adani’s Carmichael coal project appears more certain following a visit to India by Queensland Premier Annastacia Palaszczuk last week.
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Coal and gold deals on the way for Australian mining
Australia's mining industry can expect an increase in mergers and acquisitions (M&A) this year, especially in the coal and gold sectors, according to Herbert Smith Freehills.
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NSW Greens coal plan to cost thousands of jobs: Minerals Council
A Greens plan to shut down New South Wales' coal industry has been slammed by the state's leading mining body.
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Mining M&A and capital raising 2016 trends, 2017 outlook [infographic]
Ernst & Young (EY) expects an upward trend in mergers and acquisitions (M&A) and capital raising activity to continue in 2017, the company outlined in its latest mining and metals report.
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Peabody awards $70m contract extension to Ausdrill subsidiary
Ausdrill subsidiary BTP Equipment has secured a $70 million contract extension at Peabody Energy’s Hunter Valley and Bowen Basin coal operations.
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Mining continues significant contribution in New South Wales
The New South Wales Minerals Council’s latest expenditure survey has found that the 23 participating mining companies directly injected $10.8 billion in the state’s economy in 2015/16.
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Fortescue dismisses reports of Wesfarmers coal bid
Iron ore miner Fortescue Metals Group has denied it will make an offer for Wesfarmers’ Curragh coal mine in Queensland.
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Anglo American Hunter Valley coal mine expansion suffers another setback
Anglo American’s expansion plan for the Drayton South coal operation in the Hunter Valley region of New South Wales has again been knocked back.
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South32 coal acquisition comes under fire from ACCC
The Australian Competition and Consumer Commission (ACCC) has raised concerns about South32’s proposed acquisition of Peabody Energy’s Metropolitan coal assets in the Illawarra region of New South Wales.
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BHP Billiton uses higher commodity prices, productivity push to increase profit
BHP Billiton has delivered a significant rise in profit during the first half of the 2017 financial year, helped by a resurgence in commodity prices and a company push to lift productivity.
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Rio Tinto surges to profit as commodity prices bounce back
Rising commodity prices have guided Rio Tinto to a full-year profit of $US4.6 billion ($6.02 billion) in 2016, a massive turnaround from the previous year.
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Australian mining exports soar in December as turnaround continues
Mining exports in the country skyrocketed in December on the back of a surge in coal and iron ore shipments.
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CFMEU slams proposed coal industry 15-year redundancy pay cap
The CFMEU has slammed a proposed decision by the Fair Work Commission to cap coal mine workers’ redundancy payments after a maximum of 15 years.
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Harwin becomes NSW energy and resources minister after cabinet reshuffle
Don Harwin has been appointed New South Wales energy and resources minister following a state government cabinet reshuffle yesterday.
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Rio Tinto to offload Hunter Valley coal assets to China’s Yancoal
Rio Tinto plans to sell subsidiary Coal & Allied Industries to China’s Yancoal for up to $US2.45 billion ($3.23 billion).
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New Hope for coal mine expansion after federal breakthrough
New Hope Group has finally received federal approval for the $900 million expansion of its New Acland coal mine in Queensland, a decade after first proposing the growth project.
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South32 overcomes challenges to keep production targets in reach
Despite performance challenges South32 believes it remains on track to achieve the 2017 financial year production guidance set at most of its operations.
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Coal, gas drive $1.6 billion increase in Queensland exports
Queensland has recorded a $1.6 billion increase in exports, driven by the rising value of hard coking coal and liquefied natural gas exports.
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Commodities rally set to lift Australian export earnings to a record
Improved commodity prices are expected to push Australia’s mining and energy export earnings to a record in 2016-17, according to the Department of Industry, Innovation and Science.
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Up to 500 jobs expected at new QLD coal mine
Plans for the Styx Coal project in Queensland have commenced, expected to create up to 500 jobs in the region.
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