Sam Wylie, Melbourne Business School During the commodity price boom from 2004-2011 BHP Billiton’s board raised the firm’s dividend to an unsustainable level. Now, in the commodity bust, the board...
Tag - coal mine
The Chinese mining industry is expected to take a huge hit this year, with the country planning to close more than 1000 coal mines in 2016. The closures are in response to faltering demand for coal...
Mining giant Anglo American has announced it will sell off it’s Queensland coal mines, including three Moranbah operations. The company said the Moranbah North and Grosvenor Mines were up for...
Dust levels at a Queensland coal mine where three miners have been diagnosed with the deadly black lung disease have been recorded up to six times the legal limit. Three workers at Vale’s Carborough...
Anglo American has announced that it has entered into a Share Sale Agreement with Batchfire Resources to sell its 100 per cent interest in the Callide thermal coal mine in Queensland. The transaction...
A fifth case of black lung disease has been confirmed in Queensland, but the latest diagnosis could just be the “tip of the iceberg”. A Middlemount man in his 60s is the latest victim of...
CIMIC Group’s global mining contractor Thiess has been awarded a contract with revenue of approximately $115 million to continue operating the Southern pits of the Dawson Coal Mine in Central...
With up to nine suspected cases of Black Lung feared in Queensland, the CFMEU have kicked off a campaign to see an end to the deadly disease. CFMEU Queensland Mining and Energy division President...
Adani’s Carmichael coal mine is one step closer to fruition today after the Land Court of Queensland recommended it be given state approval. Today’s decision, which in conjunction with...
Glencore has announced they will cut 180 jobs at Collinsville coal mine by March next year. The company said they commenced consultation last week with its Collinsville workforce over further steps...
