The company recently received fresh laboratory results confirming the OCCP has high-quality premium fat coking coal of high value and looks well placed.
Aspire Mining awards FEED study preparation contract for Ovoot Coal Handling and Preparation Plant to CIMIC Group’s Sedgman
The FEED study will support the commencement of operations at the wholly-owned Ovoot Coking Coal Project in the Khuvsgul aimag of northwestern Mongolia. The FEED Study will be conducted in a phased approach, over a period of around five months.
Aspire Mining Ltd (ASX:AKM) (FRA:WKU) has awarded a contract for the preparation of a front end engineering and design (FEED) study on Coal Handling and Preparation Plant (CHPP) infrastructure in Mongolia to CIMIC Group Ltd’s (ASX:CIM) (FRA:WKU) wholly-owned minerals processing company, Sedgman Pty Limited.
Climate change: Australia wrestles with its coal mining dilemma
For more than 200 years, workers at the Port of Newcastle have loaded ships with coal dug out of nearby mines for transport to Asia and beyond. But with global action to tackle climate change set to decimate the trade, the management at the world’s biggest coal port is preparing for a future without the fossil fuel that generates 60 per cent of its revenues.
“The future of coal is obviously questionable and we have to prepare for that,” says Roy Green, chair of the port, which is a gateway to the Hunter Valley, a coal mining region 280km north of Sydney. “We are likely to see a continuing flattening of coal volumes through the port and ultimately a decline, as the world switches away from coal-fired power.”
JOINT VENTURE: morupule awards Bothakga Burrow a mining contract
Morupule Coal Mine (MCM) has awarded a five-year mining services contract to a joint venture between Bothakga Burrow, a local citizen-owned company, and Basil Read Mining, a South African-based company.
Officially signed off this month, the contract is for the development of an open cast coal mining operation at the MCM, Motheo project.
Motheo is an expansion scheme established by Morupule to develop an open cast mine, a coal washing plant, and associated infrastructure.
The initiative’s ultimate aim is to facilitate MCM’s contribution to Botswana’s economic growth and transformation of coal into unlimited sources of energy.