View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
October 29, 2014

Centennial Coal shuts down Angus Place mine in Australia

Centennial Coal has decided to put its Angus Place mine at Western Coalfields in New South Wales under care and maintenance due to falling prices of international coal.

Angus Place

Centennial Coal has decided to put its Angus Place mine at Western Coalfields in New South Wales under care and maintenance due to falling prices of international coal.

Free Report
img

Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

Angus Place mine is operated by an equally owned joint venture between Centennial Coal and Springvale SK Kores called Springvale / Angus Place Joint Venture.

The mine will be placed under care and maintenance from November, as part of the company’s restructuring plan for its Western Region operation.

Angus Place currently employs 268 people, of which 100 are planned to be relocated to the nearby Springvale mine.

"The Angus Place longwall and two development crews and equipment would need to be redeployed to Springvale." 

Centennial Coal said in a statement: "As operator, Centennial has proposed a proportion of the Angus Place workforce would be relocated to Springvale, where the plan would be to ramp-up Springvale, increasing production, improving productivity and reducing costs, while also seeking to minimise the number of redundancies.

"In order to achieve this, the Angus Place longwall and two development crews and equipment would need to be redeployed to Springvale.

"The transfer…will result in increased production, and accordingly, no loss of production during the traditional five-week longwall changeover periods usually experienced every seven to eight months at Springvale."

Centennial managing director David Moult was quoted by Abc.net as saying: "We’ve got about 150 potential redundancies at Angus Place but of course we haven’t finished that process, we’re still working with other operations to see what we can do to accommodate as many people as we can."

Earlier in August, Centennial Coal stopped production at Newstan underground colliery in the Western Lake Macquarie, which resulted in the loss of 100 jobs.


Image: A second longwall will produce continuous longwall coal from Springvale. Photo: courtesy of Centennial Coal.

Related Companies

Free Report
img

Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The mining industry's most comprehensive news and information delivered every month. The mining industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Mining Technology