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Gregory Crinum Coal Mine

Authorities support new coal mining projects

Proposed fossil fuel developments were endorsed by both major political factions. Mineral producers will keep turning the nation into a coal, liquefied natural gas and iron ore powerhouse without...

BMA Australia

Coal price hits $648 a tonne due to energy crisis

One fossil fuel’s value jumped significantly due to escalating tension in Europe. Newcastle coal futures recently soared to US$440 (A$648) a tonne, representing more than a 100 per cent...

Glencore coal

Coal boom will continue into 2023 says employer

One fossil fuel will keep enjoying elevated commodity prices well into the New Year, a mineral producer said. Whitehaven Coal expects the value of coal will continue to soar. The company predicts the...

Bengalla Coal Mine

Coal boom makes mineral producer’s earnings soar

A diversified company is enjoying benefits of rising commodity prices. New Hope Corporation recently reported a five-fold increase in earnings due to the coal mining boom. The proponent recorded $645...

BMA Australia

Demand for coal tipped to skyrocket due to Russia ban

International sanctions on at least one Russian fossil fuel is predicted to start a new Australian mining boom. A prohibition on coal imports from Russia recently took effect, removing up to 187...

Glencore coal

Demand for coal hits a decade high

Global fossil fuel consumption rose to record levels not seen in almost 10 years, new data shows. The International Energy Agency (IEA) recently confirmed coal demand rose to the previous annual...