Search results

You have to hand it to Campbell Newman he's determined to see the development of the Galilee Basin..... THE Queensland premier is about to announce discounted royalty rates for mining companies that proceed with multi-billion projects in the Galilee Basin. The new incentive is part of a...

Might have to agree to disagree in parts there.... but that's life and interesting to have the discussion.... Hopefully I'll get a chance to get stuck into one...or three of those pies one day :p

Hi Arnoldus, Central Queensland and it's markets like Emerald, as you know, will to some extent always be influenced by the commodity cycle which is at times volatile. It can be a roller coaster ride which has also been reflected in the subsequent industry as a whole and companies associated...

I'd suggest FIFO, Mining camps and perhaps 10% or so into Emerald and surrounds. There is no doubt IMHO that Emerald will become the major regional hub for many of these Mega Mines that are going to be developed in the Galilee Basin. Emerald is already a substantial regional hub to many of the...

The significance of this development is without a doubt simply massive. Many don't understand the true significance the role of global energy security is going to play in the future...particularly for developing countries. The industry has trimmed costs and increased productivity and as a...

Deputy Premier, Minister for State Development, Infrastructure and Planning The Honourable Jeff Seeney Tuesday, May 29, 2012 Alpha Coal Project given go-ahead The Newman Government has given the green light to what will be one of Australia’s biggest mines, the $6.4 billion Alpha Coal Project...

About time! Roll on September!

China to growth to rise to 8.6% in 2013 according to HSBC. Explains recent elevated movements in Iron Ore and Coal...... http://www.mining.com/china-set-to-make-biggest-ever-contribution-to-global-growth-in-2014-28970/

Contracts are starting to roll out.... http://www.im-mining.com/2012/12/17/skm-partners-with-adani-to-deliver-abbot-point-coal-port-in-australia/

http://www.cqnews.com.au/news/mine-looks-likely-to-get-go-ahead/1659199/ http://www.cqnews.com.au/news/mega-mine-a-bright-spot-for-qld/1659296/

Yep your right Strongy coal markets are in a slump at the moment and certainly has an affect on the markets out that way. My feeling is GVK haven't delayed because of the market rather it's due to finance not quite in place. The project is simply immense and the finance must be a complicated...

Big money! But they are determined to get the coal out of the ground :D Look on the bright side......at least it hasn't been canned ;)

Finally some sense seems to have prevailed. http://www.theaustralian.com.au/business/mining-energy/bhp-coal-workers-accept-deal/story-e6frg9e6-1226500869455

Interesting article. Interesting also to see these developments in the Galilee Basin continue to move forward despite short term pesimism. http://www.businessspectator.com.au/bs.nsf/Article/Calling-a-commodity-rebound-pd20121019-Z7QKZ?OpenDocument

lol love it 'show me the money!'

Looks like things may have turned a corner here Dubstep? Even when things are a little doom and gloom at the moment. Current operations in the Bowen Basin are being streamlined but developments in the Galilee Basin including train line and Port are just starting to get serious and ramp up.....

New developments in the Galilee Basin to withstand downturns in the cycle....... http://www.abc.net.au/news/2012-10-18/galilee-basin-coal-mine-tipped-to-withstand-downturn/4320056

Yes, my PM confirmed this last night. It's certainly not good but indicative of what some of the mining companies are doing at the moment in order to stay competitive in the market place. The reality is that the rental market in Emerald is softening and rents are dropping in order to secure...

All good mate :) As I mentioned I understand what you are saying and you are right.....It does have a lot to do with entry price and then knowing market expectations for your rental returns based on your entry price. I think the market did 'over heat' and companies drove up the rents to those...

LOL. Well one things for sure fellas.....time will tell. Emerald is about a 2 hour drive to the mines but it has the infrastructure in place to further enhance its position as a regional hub. Industries and business will come into the region to support these huge mining projects and Emerald...