Australia coal news

The Queensland Resources Council’s State of the Sector reports shows that the number of Queensland resources company CEOs investing in low emission technology research and development has almost doubled over the past 2 years.

The Board of Stanmore Resources Ltd has announced the completion of the Millennium and Mavis Downs Mine acquisition from Peabody Energy Australia with all conditions precedent satisfied.

Argus Media has reported that Australia has 26.2 million tpy of new coal mining capacity committed for construction or under construction, with a further 399 million tpy having been proven feasible but not yet approved and 102 million tpy publicly announced, according to the Australian government's commodity forecaster.

Boggabri Coal Operations Pty Ltd has exercised an option to acquire the majority of the major mining equipment of Golding Contractors Pty Ltd that is engaged under the maintenance services and hire agreement at the Boggabri Coal Mine.

Bis has secured a new multi-year contract for Anglo American’s Capcoal operations near Middlemount, in Queensland’s Bowen Basin.

AECI Australia Pty Ltd has been awarded a further 5-year contract extension by Thiess Pty Ltd for the supply of bulk emulsion explosives, initiating systems and related services to mines in Queensland and New South Wales, Australia.

Stanmore Resources has announced that it has agreed with Golden Energy and Resources Ltd (GEAR) to increase the facility limit under the GEAR Facility from US$40 million to US$70 million.

The Queensland Resources Council has welcomed the Northern Australia Infrastructure Facility’s decision to invest in a new metallurgical coal mine near Moranbah in Central Queensland.

MACH Energy has notified Thiess of its intention to enter into exclusive negotiations to finalise the terms with the view to execute a mining services contract for the Mount Pleasant Operation in New South Wales, Australia.

Pembroke Resources has welcomed the investment decision by the Board of the NAIF to provide a loan facility to finance the development of the Olive Downs Steelmaking Coal Complex.