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Queensland’s independent Coordinator-General has approved the proposed Olive Downs metallurgical coal mine, with conditions to ensure local employment and manage potential impacts on the environment
BUMI Resources, through its subsidiary Arutmin Indonesia (Arutmin), has carried out several social and environmental responsibility programmes in the local community of its Kintap site in South Kalimantan, Indonesia.
More than 300 students from 13 schools across Central Queensland recently took part in the Moranbah science and engineering ‘Challenge’ and ‘Discovery’ days to inspire them to consider a future career in STEM.
The company will liaise with the Ministry of Minerals Resources, Green Technology and Energy Security and the PPADB to obtain further clarity on the decision, and will update the market once official confirmation has been received.
Cloud Peak Energy has obtained interim approval to access US$10 million of its US$35 million debtor-in-possession financing. Mines are set to continue normal operations.
When asked if royalty uncertainty affected the likelihood of Queensland projects proceeding, 77% of respondents agreed.
China saw a slower growth in raw coal production in April, according to data showed from the National Bureau of Statistics.
Pembroke Resources has received approval from Queensland’s Coordinator General for its Olive Downs metallurgical coal mine in Australia.
The Queensland Government should rule out any increase in royalty rates applying to resource commodities, such as coal, metals and LNG, says QRC.
Australia’s resources industry is the nation’s largest source of export revenue.
Thanks to GE’s ultra-supercritical technology, Opole Units 5 & 6 will have an efficiency rate significantly higher than the global average, and will provide stability to the Polish grid as the country seeks to introduce more renewables in its energy mix.
Cardinal Operating Company is seeking bids for the supply of coal to its power plant units 1, 2 and 3.