Whitehaven bids for Coalworks

ASX-listed coal miner Whitehaven Coal has launched an all-cash takeover offer for fellow listed Coalworks, in which it currently holds a 17.3% interest. Whitehaven MD Tony Haggarty said on Monday the A$1-a-share offer for the coking and thermal...

NuCoal agrees not to explore on NSW farmer’s land

New South Wales-focused explorer NuCoal has decided against drilling on a Hunter Valley farm, despite winning a court battle over the issue last week. The New South Wales Land & Environment Court granted NuCoal access to land, which formed part...

Coal & Allied shareholders give thumbs up to takeover

The shareholders of Coal & Allied have voted in favour of a joint takeover by mining giant Rio Tinto and its joint venture partner Mitsubishi Development. Subject to court approval, Coal & Allied shareholders would now receive A$125 in cash for...

Company Announcement: Shell invests in Australian Mining Industry

Shell Australia concluded its Technology Seminars for 2011 this month at a successful event in the Hunter Valley.

Royalty plan could see NSW lose out on $2bn in infrastructure funding

New South Wales could lose out on $2-billion worth of infrastructure funding, because of the royalties row between the state and federal governments, the New South Wales Minerals Council warned on Thursday. Treasurer Mike Baird announced plans on...

Setting the record straight on coal and the carbon tax

Economic theories and averages are currently dominating the debate about Australia’s proposed carbon tax, at the expense of the facts about the effect that it will have on people and individual businesses, says New South Wales (NSW) Minerals...

BHP posts record iron-ore output, metallurgical coal still recovering

The world’s largest diversified miner BHP Billiton on Wednesday posted record production across a range of commodities, including iron-ore, but its metallurgical coal output from flood-hit eastern Australia continues to be muted. Marius...

Gloucester gets FIRB approval for A$615m investment

ASX-listed coal miner Gloucester Coal has received the nod from the Foreign Investment Review Board (FIRB) for it’s A$615-million acquisition of the Donaldson and Monash coal assets, in New South Wales. Gloucester said on Thursday that the FIRB...

Gloucester to buy two NSW coal miners, plans A$230m raising

Queensland coal miner Gloucester Coal on Monday announced two acquisitions to grow its position in New South Wales and said it would raise A$230-million to help fund these deals, worth A$615-million. Gloucester has entered into an agreement with...

BHP lifts Q3 iron-ore output 7% but warns on coking coal output

Diversified mining group BHP Billiton on Wednesday reported a 7% increase in iron-ore production, but warned that wet weather continued to impact on its metallurgical coal operations in Australia. BHP, which has iron-ore operations in Australia...

Weaker demand from Japan to be offset by other Asian regions – Coal & Allied

Increased demand from other regions in Asia would offset the weaker demand for coal from disaster-hit Japan in the next six to 12 months, Australian miner Coal & Allied said on Wednesday. The Rio Tinto subsidiary said in its quarterly results...

Rio Tinto iron-ore output rises to a record

Diversified mining giant Rio Tinto has set a new quarterly iron-ore production record in the fourth-quarter, with output rising 6% to 65-million tons. Full-year iron-ore production also rose to a record of 239-million tons, of which 185-million...