Thermal coal prices have risen above $US200 per tonne for the first time since November began, owing to Indonesia’s export ban while it manages domestic supply issues.
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Australian thermal coal best-in-class
The quality of Australia's thermal coal has significant advantages over other countries, including fewer carbon emissions, according to a Minerals Council of Australia (MCA) report.
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Cokal contracts Harmoni for coking coal project
Cokal has appointed Indonesia’s Harmoni Panca Utama to provide contract mining services at the Bumi Barito Mineral coal development project in the country’s Central Kalimantan province.
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Customisation, modularisation deliver value to remote Indonesian mine
A remote Indonesian mine has received three McLanahan Feeder-Breakers. The client, a state-owned energy provider and one of the largest coal mining companies in Indonesia, needed robust and reliable feeding and crushing equipment to meet the challenges of their rugged and remote location.
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Newcrest stays on track for Gosowong sale
Newcrest Mining is progressing a requirement to offload a significant share in the Gosowong gold mine in Indonesia by next year’s deadline.
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Kingrose resumes Way Linggo operations following wall slippage
Gold producer Kingrose Mining has resumed mining at the Way Linggo project in Indonesia, following a pit wall failure last month which caused 4000 ounces of gold being removed from the mine plan.
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Amrun to drive Australia’s global bauxite strength
Rio Tinto's $2.6 billion Amrun mine in Queensland is cementing Australia's standing as the world's top producer of bauxite.
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GreenGold secures ReCYN technology contract at Martabe gold mine
Technology company GreenGold has won a contract to design and install its ReCyn technology at PT Agincourt Resources' Martabe gold project in Northern Sumatra, Indonesia.
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Thiess scoops $172m coal extension
Thiess has secured a $172 million contract extension from Bayan Resources to expand the miner's coal operations at Melak in East Kalimantan, Indonesia.
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Martabe mine has potential $US126.9m upside using ReCYN process
Recently published data has shown that the application of ReCYN technology at the Martabe mine in Northern Sumatra, Indonesia, demonstrated a $US126.9M upside to the company.
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Indonesian miner bids for Stanmore Coal
The Queensland-focused coal miner is the target of a $240 million takeover offer from a subsidiary of Indonesia’s Golden Energy and Resources.
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Newcrest gold production hit by shutdowns
Gold miner Newcrest Mining has recorded falls in production at three of its mines due to maintenance programs and unplanned outages.
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Finders suffers wall failure at copper project
Finders Resources has announced that a wall at the Kali Kuning open pit within the Wetar copper project in Indonesia collapsed on Monday.
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Rio Tinto secures $4.7bn Grasberg deal
Rio Tinto has agreed to sell its interest in the Grasberg copper-gold mine in Indonesia to state-owned PT Indonesia Asahan Aluminium for $US3.5 billion ($4.7 billion).
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Rio Tinto edges closer to Grasberg deal
Rio Tinto has confirmed that PT Indonesia Asahan Aluminium (Inalum) is interested in buying its share in the Grasberg copper-gold mine in Indonesia.
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Cokal lines up $67m funding package for coking coal project
Cokal is on track to secure the funding it requires to develop the Bumi Barito Mineral (BBM) coking coal project in Indonesia.
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Santos to sell non-core Asian assets to Ophir for $US221m
Oil and gas giant Santos plans to sell several of its Asian assets to British production and exploration company Ophir Energy for $US221 million ($295 million).
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Cadia tailings incident cuts Newcrest production forecast
Newcrest Mining has slashed its gold production guidance for the 2018 financial year to reflect the impact of last month's tailings dam breach at the Cadia mine in New South Wales.
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Thiess bags $390m of coal contract extensions
The CIMIC mining services division has been awarded a $240 million contract extension at Arutmin’s Satui mine and a $150 million extension at its Senakin mine, both in South Kalimantan.
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Thiess wins $280m coal extension
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
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