Moolarben Coal’s 2014 production was up one per cent on the previous year according to Yancoal’s quarterly update announced to the Australian Securities Exchange this week. For the year ending December 2014, Moolarben produced 6.36 million tonnes of saleable coal and an increase was attributed to a “product optimisation strategy introduced in the previous quarter”…Read more →
Bowdens Silver Project If the silver price improves we can expect Kingsgate Consolidated to submit its Environmental Assessment for their project at Lue, near Mudgee. Bowdens is an epithermal silver deposit with a resource of approximately 182 million ounces of silver equivalent. Plans are for an open pit mine and concentrator, which will process an…Read more →
In 2014 it seemed every month brought news of more jobs lost among the Central West’s coal mines or another mining project remaining up in the air. Moolarben Coal, owned predominantly by Yancoal, cut 25 full time positions and reduced its contract staff late last year. However in 2015 the mine is likely receive planning…Read more →
The NSW Minerals Council’s latest Expenditure Survey found mining continues to be a major contributor to Mudgee and the Mid-Western region. More than 200 mining jobs were created locally between 2013 and 2014. Total local spending comprised of $170.2 million in wages and salaries; and $150 million in purchases among 297 Mid-Western Regional businesses. This…Read more →
