Coal

Paringa Resources Limited has announced the appointment of Egan Antill as Chief Executive Officer and Managing Director.

Since the State Budget in May, strong metallurgical and thermal coal prices have boosted royalty tax returns to the Government to record levels, says QRC.

This share sale adds to the company’s cash reserves from its recent rights issue.

Three years on from the Paris Agreement, thermal coal divestment remains a distant goal within the asset management sector, including in some fossil-free funds.

QRC has welcomed the Queensland Competition Authority’s final Aurizon Network’s UT5 decision for the Central Queensland Coal Network.

Organisations with a combined membership of 76 million are calling on insurance companies to publicly rule out support to build the Carmichael coal mine in Australia.

A local farmer has filed a legal case to overturn the Bulgarian Council of Ministers’ decision to approve the mine.

Yesterday, Peabody honoured the leading clean coal technologies around the world at the company’s global Clean Coal Leadership awards.

Queensland Resources Council Chief Executive Ian Macfarlane said the release of the annual QEC Scorecard capped off a strong year for resources.

The innovative pilot scheme uses data to give essential guidance to local planning authorities, developers and consultants to help them design sustainable drainage systems in coalfield areas.

Peabody has completed its purchase of the Shoal Creek seaborne metallurgical coal mine from private coal producer Drummond Company, Inc. for US$387 million.

Minergy has advanced its Masama coal project in Botswana towards full operational status.

Over the past six years, the increase in coal production and shipment by almost seven times has allowed systematic and large-scale investment in the development of the coal mine.

Wood Mackenzie’s alternative energy outlook explores how commodity demand and carbon emissions react by an accelerated deployment of power and transport sector technologies.

The NGOs are set to publish new data exposing which banks and investors are financing the world’s top 120 coal plant developers.