Australia coal news

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.

Argus Media has reported that the reorganisation of seaborne metallurgical coal supply chains is paving the way for increasing Australian exports of metallurgical coal over the next 2 years, according to the Australian government's Office of the Chief Economist.

Blue Energy Ltd has announced that it has executed a non-binding memorandum of understanding with Stanmore Resources Ltd to supply hydrogen from its future pilot production activities in its ATP 814 tenement in the Bowen Basin.

State Gas’ production log testing at Nyanda-4 has confirmed that gas production from coal seams is possible at depths below 1150 m.

Bravus Mining & Resources has now struck coal and exposed the first of the coal seams at its Carmichael Project.

Whitehaven has to updated its FY21 production guidance and reaffirm managed coal sales and unit costs guidance.