Bowen Basin

Nov 10, 2020
Isaac announces $1m COVID-19 recovery plan

Isaac announces $1m COVID-19 recovery plan

Isaac Regional Council has approved a million-dollar COVID-19 strategic recovery plan to be implemented over the next two years. Mayor Anne Baker said the plan, unanimously adopted at a recent council meeting, had 50 separate strategies to be applied across the Isaac region. “This longer-term strategic recovery plan complements our shorter-term tactical and strategic COVID response and re...

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Oct 21, 2020
Macmahon wins $250m in work at Foxleigh

Macmahon wins $250m in work at Foxleigh

Macmahon Holdings has been selected as the preferred tenderer to provide equipment hire and maintenance services at the Foxleigh mine near Middlemount from March next year. Macmahon expects the work to generate about $250 million in revenue. The proposed scope of work involves the hire and maintenance of 21 largecapacity dump trucks and other ancillary equipment over a five-year term, toget...

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Oct 20, 2020
BHP records lift in  metallurgical coal production

BHP records lift in metallurgical coal production

BHP has reported a four per cent increase in metallurgical coal production in the past quarter, with Blackwater back at full capacity towards the end of that period. The company said guidance for the 2021 financial year remained unchanged at between 40 and 44 Mt in relation to its stake in the metallurgical coal mines (71- 77 Mt on a 100 per cent basis). However it said it was monitoring fo...

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Oct 19, 2020
Eagle Downs decision due by end of 2020

Eagle Downs decision due by end of 2020

Central Queensland should know the future of the Eagle Downs metallurgical coal project near Moranbah within three months. In its quarterly report today South32 said it remained on-track to consider a final investment decision with its joint venture partner by the end of this calendar year. Eagle Downs is a large metallurgical coal development project located about 25km south-east of  ...

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Oct 19, 2020
CIMIC sells off 50 per cent of mining business Thiess

CIMIC sells off 50 per cent of mining business Thiess

CIMIC Group has reached a deal to sell a 50 per cent stake in mining services arm Thiess to hedge fund Elliott Management. The deal will put up to $1.9 billion into CIMIC’s coffers and is based on an enterprise value of $4.3 billion for Thiess. Thiess delivers open cut and underground mining in Australia, Asia, Africa and the Americas, providing services to 25 projects across a ran...

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Oct 15, 2020
Mastermyne posts strong results in challenging times

Mastermyne posts strong results in challenging times

Mackay-based mining contractor Mastermyne has posted a record year for revenue despite the impact of COVID-19 and softer coal prices. Metallurgical coal projects account for about 95 per cent of its order book and additional development units were brought on for contracts at at Aquila and Moranbah North mine. Revenue hit a record $292.7 million – a 23 per cent increase on the previou...

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Oct 14, 2020
Thiess secures $110m Caval Ridge contract extension

Thiess secures $110m Caval Ridge contract extension

Thiess has won a $110 million contract extension to provide mining services at BMA’s Caval Ridge mine in the Bowen Basin.The 12-month extension will see Thiess continue to operate and maintain three 600-tonne excavator fleets to move additional overburden for the Caval Ridge Mine operation. “We’re proud to continue our work at Caval Ridge where we have a proven track record of delive...

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Oct 08, 2020
Bullish coal junior favours fast lane to production

Bullish coal junior favours fast lane to production

Bowen Coking Coal is bullish on the future of metallurgical coal as it drives two key Queensland projects towards ‘shovel-ready’ status as quickly as possible. The company made major announcements last week on advances at the Broadmeadow East and Isaac River coking coal projects in the Moranbah region. Both would be open-pit operations using contract mining and each could generate aroun...

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Oct 02, 2020
Welcome boost to thin blue line for Clermont

Welcome boost to thin blue line for Clermont

Isaac Regional Council has welcomed State Government plans for a new $3.5 million police station in Clermont, which is facing additional demands from having Adani’s Carmichael coal project in the region. “Clermont certainly needs a bigger police station, particularly with the ongoing protest action against the Carmichael coal project which draws police from the town,” acting Mayo...

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