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Monday, 02 July 18
THIESS SECURES NEW QCOAL NORTHERN HUB $480M CONTRACT
Thiess has been awarded a new A$480 million contract by QCoal to continue operations at the QCoal Northern Hub located in Queensland’s Bowen Basin, Australia.
Acccording to company's website, under the four-year contract, Thiess will continue to provide mining services at the QCoal Northern Hub which comprises the Sonoma, Sonoma North, Drake and Jax mines.
The scope of works includes mine planning, drill and blast, overburden removal and coal mining at the Northern Hub which produces hard coking and thermal coal.
CIMIC Group Chief Executive Officer Michael Wright said: “Thiess has a long-standing partnership with QCoal and the Thiess team has provided expert planning and optimum mine sequencing to deliver consistent outcomes for our client. This extension builds on our relationship with QCoal and enables us to drive greater efficiencies at the project.”
CIMIC Group Executive Mining and Mineral Processing and Thiess Managing Director Douglas Thompson said: “We’re proud to continue our work at the QCoal Northern Hub where we have a proven track record of delivering innovative and low-cost mining solutions. We also look forward to continuing our strong relationship with the Collinsville community with whom we have worked closely with for more than 20 years.”
Thiess has a long history operating in Collinsville, having operated Collinsville Coal Mine from 1996 to 2013, and first commencing operations at QCoal Northern Hub in 2007.
In that time Thiess has secured long-term employment for locally-based employees.
Thiess will commence works under the new contract in July 2018.
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Saturday, 23 January 21
GOVT PLANNING TO OPEN UP COAL MARKETING TO STREAMLINE PROCESS - THE INDIAN EXPRESS
The government is considering opening up coal marketing, Coal Secretary Anil Kumar Jain said on Thursday. Currently, production by Coal India is al ...
Thursday, 21 January 21
LNG MARKET RIDING HIGH, BUT WILL THE GAINS CONTINUE? - DREWRY
The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due ...
Thursday, 21 January 21
CHINA'S SPOT THERMAL COAL PRICES REFRESH RECORD HIGH - MYSTEEL
Despite the moderate rebound in temperatures across most regions of China after late December’s deep-freeze, thermal coal prices in the count ...
Wednesday, 20 January 21
CORONAVIRUS OUTBREAK IN HEBEI HAS LIMITED IMPACT ON CHINA'S STEEL INDUSTRY - FITCH RATINGS
The recent Covid-19 outbreak in the steel producing hub Hebei will not have material impact on China’s steel industry, Fitch Ratings says.
...
Wednesday, 20 January 21
MARKET INSIGHT - INTERMODAL
While 2020 is finally behind us, its negative impacts are still hovering over the shipping market. That being said, it is still too early to even s ...
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