When Amy Winehouse wrote her song about rehab I am sure she didn’t have mine site rehab in mind. The principals of having a sustainable future and minimising harm however are still the same.
Over the past decade the level of Financial Assurance (FA) held by the QLD Government for mining activities has increased to $6 Billion an almost 500% increase over the 10 year period.
Continue reading “They Tried To Make Me Go Do Some Rehab. I Said No No Yes!”
Right now, nobody wants to spend any capital on anything, it’s that stage of the cycle. Diesel is cheap and skills are readily available, so why spend money? Well, now is the right time to spend up big.
It’s interesting when you glance at the peaks, troughs and trends in Australian Longwall production. In just less than 20 years we have seen between 2 and 3 fold increases in total ROM tonnes with obvious economic-driven flat spots.
In a recent industry update (July 2016), “Queensland coal – mine and advanced projects” reported a 2014 – 2015 saleable coal increase of 14.7Mt to 243.6Mt compared to the previous financial year for all mining operations. The underground component – 42.6Mt, was won from 13 mines.
Continue reading “Longwall Production Trends – Benchmarking the Future”