Flooding hits Queensland’s coal industry
IHS Global Insight analyses the impact of the Queensland floods on the region’s coal production and resulting impact on coal prices.
Browse the latest coal news and articles.
IHS Global Insight analyses the impact of the Queensland floods on the region’s coal production and resulting impact on coal prices.
Riversdale Mining and Rio Tinto have enterd a Bid Implementation Agreement, under which Rio Tinto has agreed to make an all cash off-market takeover bid at AU$ 16/share.
Santos LNG has sold stakes in its Gladstone LNG project to KOGAS and Total and signed a 20 year supply agreement with KOGAS.
Lanco Infratech Ltd, a major Indian infrastructure company, has acquired Western Australian coal miner, Griffin Coal Mining Co. Pty Ltd and Carpenter Mine Management Pty Ltd (Griffin Coal).
Clean Coal technologies has signed an MOU to license its clean coal technology to Huamin Senior Funding Group, of China for US$ 1.5 million.
Xstrata plc has announced that it has approved the US$ 1.36 billion development of the Ravensworth North opencast mine in the in the Upper Hunter Valley of New South Wales, Australia.
CNOOC has acquired a 50% interest in Exoma’s Queensland portfolio of coal seam gas and shale gas exploration blocks; it will contribute AU$ 50 million towards exploration costs as part of the agreement.
Riversdale Mining has confirmed that it has held takeover discussions with Rio Tinto.
FLSmidth has made an offer to acquire ESSA Australia Ltd, corresponding to an enterprise value of DKK 170 million.
Walter Energy will acquire Western Coal Corp. for C$ 3.3 billion (US$ 3.3 billion) to create a leading, publicly traded, pure-play met coal producer with total coal reserves of approximately 385 million t and a significant and growing production profile in Canada, the US and the UK.
An update on the rescue efforts at the Pike River coal mine in New Zealand.
Plantation Energy Australia has signed a four year supply deal with Mitsui & Co., worth over AU$ 70 million.