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China’s Mining Companies Are Planning A Giant Mining Exploration Targets
China mining sector development plan for the exploration of mining potential in the country. The giant mining exploration plan will be carried out by China’s own mining company. Mining exploration plan has been done by taking over coal mining exploration activities undertaken by the mining company Felix Resources.
Coal Mining Companies Future on Global Crisis, Anglo Coal Cut Mining Jobs
Anglo American Plc’s coal unit, which has closed two mines in Australia this year, will slash a further 650 staff from operations in the country and monitor future production amid a slump in demand.
Waratah Coal Wins Explorer secured a world-class thermal coal resource
Waratah Coal has been named Queensland Explorer of the Year at the Mining 2008 conference in Brisbane.
Waratah CEO and President Peter Lynch and Company Chairman Nick Mather accepted the award last night in Brisbane, from the Deputy Director General of the Queensland Department of Mines and Energy, Stuart Booker.
28 Coal Mining Project in Central Queensland Ready Export and Mine Development
AFTER years of frustration for the industry from infrastructure bottlenecks, exacerbated by recent heavy rains, coal companies are beginning to position themselves for the next export and mine development boom.
Mines and Energy Minister Geoff Wilson told Parliament last week there were 28 advanced coal projects in Central Queensland alone.
“Seventeen are new mines”, the minister said, [...]
Coal & Allied cuts Australian mine production by 20%
Coal & Allied Industries Ltd, an Australian thermal coal producer controlled by Rio Tinto Group, will cut production by 20% this year because of reduced port and rail export capacity. Xstrata plc`s sales will also be affected.
Coal & Allied, based in Brisbane, will cut 250 contractor jobs at its mines in the [...]
Queensland Gas Shareholders Back AGL, Spurn Rival Bid (Update5)
Queensland Gas Co. shareholders approved AGL Energy Ltd.’s purchase of a stake in the Australian coal seam gas producer for A$324 million ($254 million), spurning a rival bid from a Societe Generale Asset Management unit.
AGL’s proposal, which includes a 20-year contract to buy fuel from the Brisbane-based company, was backed by more than 75 percent [...]
Naughty costs less when the gift is coal
Shoppers who’ve blown their holiday budget should be happy to see a few naughty recipients on their gift lists: A lump of coal, that favored award for those who haven’t been nice, is fetching rock-bottom prices.
Salt Lake City-based Transocean Ltd. Energy House sells a 40-pound bag of coal for $8.95. Compare that with other [...]
Clean coal energy ‘10 years away’
ADVOCATES of the clean coal technology that is being trialled in Queensland say it could be approved for use within five years, but it might be another five years before the system is commercially available.
Two members of the Queensland Government’s Clean Coal Technology Taskforce – Ian Rose and Paul Greenfield – say the cost of [...]
