Exploration & development

Kibo Mining signs new agreement with SEPCO III on the Mbeya coal to power project, securing cash payment and avoiding equity dilution.

NSW government reaches a commercial agreement with BHP Billiton to buy back the Caroona exploration licence and stop coal mining at Liverpool Plains.

Amended applications for two linked coal projects in the Gloucester area of New South Wales have gone on public display.

Aspire Mining commences the first stage of the rail feasibility study for the Erdenet to Ovoot railway and expects it to be completed by December 2016.

Kibo signs Engagement Letter with Norton Rose Fulbright for its legal services in regard to the development of Kibo’s Mbeya coal-to-power project in Tanzania.

The Peabody-Glencore United Wambo Joint Venture environmental impact assessment has been submitted to the New South Wales Government.

New South Wales’ new resources regulator has accepted enforceable undertakings from KEPCO Bylong Australia and WorleyParsons.

Construction at the Makhado metallurgical coal project will not now begin until 2017, the project owners, Coal of Africa, have said.

Funding for Resgen’s Boikarabelo coal mine has been agreed subject to approval with a syndicate of lenders.

Rio Tinto has completed the sale of its Mount Pleasant coal assets in the Hunter Valley of New South Wales.

Paringa Resources has completed its placement of AUS$6.5 million worth of new shares, raising cash to develop its Buck Creek No.2 mine.

Universal Coal has begun refurbishment of the coal handling and processing plant at NCC in preparation of starting mining and processing thermal coal in September.

Jameson Resources has been refunded its reclamation bond for its Dunlevy project, having completed its reclamation of the site.

Indonesia-focused coal company, Cokal, is expecting its IUP mining licence for the Bumi Barito Mineral coal project to be issued by the end of the year.

Wallarah 2 Coal Project has placed amended plans on display for public comment after it failed to gain Aboriginal approval of its original application.