The Palaszczuk Government’s announcement to explore calling tenders to explore further coal development for export, steel production and electricity generation has been welcomed by the Queensland Resources Council.
Allianz has announced it will end standalone insurance coverage for coal plants and coal mines, and introduce the industry’s strictest criteria for coal divestment.
The Queensland Resources Council has said that the Palaszczuk Government should support a Queensland HELE coal-fired power plant, in order to strengthen the region’s trade and energy leadership.
The Paris City Council has called on insurers to ditch coal and back clean air and climate targets.
Westmoreland Coal Company reports its fourth quarter and full year 2017 financial results.
Caterpillar announces the manufacture of its 5000th Cat® 793 mining truck, a milestone figure which the manufacture of any other brand of 227 t size class truck.
On 30 April 2018, Contura Energy and Alpha Resources signed a merger agreement enabling a strengthened US metallurgical coal platform.
Eskom introduces measures that are to address the current coal shortages at a number of its coal-fired power plants.
“The decision by Aurizon to refer the Queensland Competition Authority’s draft future management arrangements for the Central Queensland Coal Network to the Supreme Court highlighted the need for Aurizon to resume normal maintenance practices.”
World Coal Association welcomes the addition of SUEK to its membership.
Arch Coal publishes the results for the first quarter of 2018 which shows a significant rise in net income for the first quarter of 2018 compared with the same period the previous year.
Peabody Energy posted revenues of US$1.46 billion, income from continuing operations, net of income taxes of US$208.3 million, net income attributable to common stockholders of US$106.6 million, diluted earnings per share from continuing operations of US$0.83 and Adjusted EBITDA of US$363.9 million.
Shareholders were informed that the company’s EBITDA guidance to 2018 has been revised from US$1.3-1.5 billion to US$1.1-1.3 billion.
Paddy McCully, Rainforest Action Network Climate and Energy Programme Director, comments on HSBC's new energy policy.
The Queensland State Parliament’s Education, Employment and Small Business Committee will visit an underground mine in the coal mining town of Moranbah and hold a public hearing there today.