Anglo American has announced they will cut 35 per cent of their staff in their 2015 interim results report this week. The global coal giant said it lost $3 billion during the first half of 2015 and...
Tag - coal
The resources sector remains the heavy lifter in the economy with coal exports reaching a record-breaking 219.4 million tonnes for the 2014/15 financial year, up 5 per cent on the 2013/14 record...
New export data shows that global demand for NSW coal has increased significantly over the last financial year, according to the NSW Minerals Council. “Coal is our State’s most valuable export...
A third of oil reserves, half of gas reserves and over 80% of current coal reserves globally should remain in the ground and not be used before 2050 if global warming is to stay below the 2°C target...
Getting coal from Hunter Valley mines to Newcastle’s coal port has just become a whole lot easier with the completion of five new railway tracks. Deputy PM Warren Truss said the Hexham Relief...
A surprising joint venture has been struck between Peabody’s Wambo open cut coal mine and Glencore’s United mine in the Hunter Valley of New South Wales. In a statement released by...
Despite what the Abbot Government is saying, Australian miners will actually receive very little benefit from the Australia-China free trade agreement signed on Monday, according to analysts Wood...
Yesterday’s signing of an historic Australia-China free trade agreement has been applauded by mining chiefs, who say it will boost a flagging resources sector and provide momentum for the...
Clive Palmer has accused Campbell Newman of lavishing tax payer’s money on Indian coal mining company, Adani, to build a rail line in the Galilee Basin while ignoring Queensland companies with...
Premier Campbell Newman announced on the weekend that the Queensland Government would invest in key infrastructure in the Galilee Basin to ensure coal mine projects go ahead in the remote part of the...
