Middlemount Coal Mine
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Middlemount Coal Mine
The Middlemount Coal Mine is an open-cut mine located approximately 90 kilometres north-east of Emerald and some 7 kilometres west of the township of Middlemount in Queensland's Bowen Basin. The mine produces medium-volatile pulverized coal injection (PCI) coal and semi-hard coking coal for the export market. Full scale operations at the open-cut mine commenced in November 2011. Production is expected to ramp up to approximately 3.6 Mtpa of saleable production by the middle of 2014. With JORC compliant measured and indicated resources and proved and probable ROM reserves of some 123 mt and 96 mt respectively at mine startup the current mine life is estimated to be in excess of 24 years. Middlemount Coal is a 50/50 joint venture between Peabody Energy and Yancoal. History Nathan Tinkler paid $11.5 million to Sennen Resources in 2006 for the undeveloped mine. In 2007, Tinkler sold a 30% share to the Hong Kong-based Noble Group for $50 million. Late ...
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Queensland
) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of Queensland , established_title2 = Separation from New South Wales , established_date2 = 6 June 1859 , established_title3 = Federation , established_date3 = 1 January 1901 , named_for = Queen Victoria , demonym = , capital = Brisbane , largest_city = capital , coordinates = , admin_center_type = Administration , admin_center = 77 local government areas , leader_title1 = Monarch , leader_name1 = Charles III , leader_title2 = Governor , leader_name2 = Jeannette Young , leader_title3 = Premier , leader_name3 = Annastacia Palaszczuk ( ALP) , legislature = Parliament of Queensland , judiciary = Supreme Court of Queensland , national_representation = Parliament of Australia , national_representation_type ...
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Noble Group
Noble Resources Trading Holdings Limited (commonly known as Noble resources) is a commodity trader based in Hong Kong. It trades energy products and industrial raw materials. Its predecessor, Noble Group Ltd was embroiled in an accounting fraud controversy started in 2015 which eventually necessitated a debt restructuring. Milestones 1997 Listed on the Singapore Stock Exchange. 2000 Included in the Fortune 500. 2009 China's sovereign wealth fund, China Investment Corp (CIC), took a 14.9% stake (573 million shares) in the company. CIC cut its stake to less than 10% in 2014. 2012 Completion of Gloucester coal and Yancoal merger. 2014 Agreement reached for a COFCO-led consortium to acquire 51% of Noble's agricultural business, forming JV Noble Agri. Accounting fraud controversy and restructuring (2015-2019) In 2015, Noble's share price tumbled as it was accused of accounting fraud by Iceberg Research, while its credit rating was downgraded to junk. The remaining 49% of its ...
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Surface Mines In Australia
A surface, as the term is most generally used, is the outermost or uppermost layer of a physical object or space. It is the portion or region of the object that can first be perceived by an observer using the senses of sight and touch, and is the portion with which other materials first interact. The surface of an object is more than "a mere geometric solid", but is "filled with, spread over by, or suffused with perceivable qualities such as color and warmth". The concept of surface has been abstracted and formalized in mathematics, specifically in geometry. Depending on the properties on which the emphasis is given, there are several non equivalent such formalizations, that are all called ''surface'', sometimes with some qualifier, such as algebraic surface, smooth surface or fractal surface. The concept of surface and its mathematical abstraction are both widely used in physics, engineering, computer graphics, and many other disciplines, primarily in representing the surfaces ...
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Mines In Central Queensland
Mine, mines, miners or mining may refer to: Extraction or digging *Miner, a person engaged in mining or digging *Mining, extraction of mineral resources from the ground through a mine Grammar *Mine, a first-person English possessive pronoun Military * Anti-tank mine, a land mine made for use against armored vehicles * Antipersonnel mine, a land mine targeting people walking around, either with explosives or poison gas * Bangalore mine, colloquial name for the Bangalore torpedo, a man-portable explosive device for clearing a path through wire obstacles and land mines * Cluster bomb, an aerial bomb which releases many small submunitions, which often act as mines * Land mine, explosive mines placed under or on the ground * Mining (military), digging under a fortified military position to penetrate its defenses * Naval mine, or sea mine, a mine at sea, either floating or on the sea bed, often dropped via parachute from aircraft, or otherwise lain by surface ships or submarines * Pa ...
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Coal Mines In Queensland
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some ...
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