MARKETS

News Wrap

IN THIS morning's News Wrap: Coal union moves to unlock Glencore gates; Queensland coal mine coul...

Lou Caruana

Coal union moves to unlock Glencore gates

The coal union has secured an important early victory in its attempt to parachute six unemployed members into Glencore's Collinsville coal mine, which was re-opened last year as a non-union operation, according to the Australian Financial Review.

On Monday, courtesy of a set of orders from the Fair Work Commission, the union secured access to a wealth of senior management deliberations over the construct of the Collinsville work force from September 1 to November 30 last year.

Queensland coal mine could hurt endangered finch, court hears

Plans to build Australia's largest coal mine in central Queensland would wipe out the habitat of the world's most significant population of an endangered finch, a court has heard.

The Land Court of Queensland began hearing a challenge to Indian giant Adani's proposed $16.5 billion Carmichael coal mine in the Galilee Basin, on Tuesday.

Opponents argue the mine's economic benefits have been overstated and the environmental costs will be high.

Australia not among rich nations releasing post-2020 emission goals on time

Australia has been left behind by most other wealthy nations in failing to disclose its post-2020 carbon reduction goals by the first quarter of 2015 as agreed at a global gathering in Peru last December, according to the Sydney Morning Herald.

The 28-nation European Union has announced that it would cut greenhouse gas emissions by at least 40% on 1990 levels by 2030.

US President Barack Obama is expected on Tuesday, US time, to formally submit to the United Nations his country's plans to cut carbon pollution 26% to 28% on 2005 levels by 2025.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets