It is important to understand the different types of coal/ supply & demand. Coking coal is what does not fluctuate in demand therefore the most stable coal town in central qld is Middlemount, as it has one of the highest quality of coking coal in the world, it is not used for electricity. It is also locked into to fixed term contracts because it i…[Read more]

I just got back from the Central Qld coal mining area and most managers i spoke to said they are just pleased that the Emissions Trading Scheme is finished with. They also seem pleased that there are alot of incentives for the new mines that are currently being developed. Most stated that the end result will be in the detail, and that in the me…[Read more]

The Central Qld coal fields are booming, definately another karratha/ port headland.  l  have just returned from a trip to central qld coal mining towns 24th May 2010, i met with local miners/managers, shop keepers, and  councillors, i also checked local news boards, news papers. I went out there to check whether things had slowed or not and ho…[Read more]

I have just returned from researching central qld coal mining towns 24th May 2010, i met with local miners/managers, shop keepers, and  councillors, i also checked local news boards, news papers. I went out there to check whether things had slowed or not and how they faired throughout the GFC with the staff lay offs etc.It appears the mines us…[Read more]