Queensland-based coking coal company Virtinite, owners of several assets in the Bowen Basin, has signed an agreement with Japanese trading company Itochu Corporation to fast-track development of the former’s highly prospective Karin deposit.
Stanmore Coal has announced that mining leases for its Isaac Plains East (IPE) project have been granted alongside Commonwealth Environment Protection and Biodiversity Conservation Act (EPBC Act) approvals.
Iron ore and coking coal prices have jumped to a three-month high, resulting in a strong finish to the year. Iron ore prices have averaged at $70.60 over the year compared to $56.50 in 2016.
Mineral processing contractor Sedgman has won contracts at QCoal Group’s Byerwen coal mine in Queensland worth almost $100 million.
Paul Harvey, chief operating officer of South32, has stated that community and environmental impact assessments have begun at its Dendrobium coking coal mine in New South Wales.
US coal company Peabody has released its 2017 third-quarter (Q3) report and it shows that 60 per cent of the company’s earnings came from Australian operations.
Whitehaven Coal is confident of a positive outlook for the company in the global coal market.
Hundreds of coal mining jobs may be saved after Glencore today put its Tahmoor underground mine in New South Wales up for sale.
The current surge in coal prices has signalled positivity in the resources sector, leading to announcements of mines reopening both in Australia and overseas.
Wood Mac’s Robin Griffin outlines how steel makers and miners must prepare for a transformed met coal market; one that is volatile, liquid and heavily consolidated.
Steps by miners to cut coking coal oversupply are having positive effects in the market, with metallurgical coal prices predicted to rise.
An 8.3 per cent fall in the price of iron ore hammered Australian miners yesterday as investors looked to unload stocks.