What we do

PROJECT REPORTS

Resources Monitor reports on mining projects in Australia.

The current project pipeline is strong, reflecting strong resources prices. 

To assist suppliers and others to take advantage of this situation, we are offering a special package of reports for the remainder of 2022. 

For details, see Order Form and Samples above. 


DIRECTORIES

We also offer directories of organisations operating in mining and related engineering sectors. 

In July 2022, we released a directory of operating mine sites in Western Australia and the Northern Territory. For ordering details, see Order Form above. 


CONSULTANCY WORK

For the past decade, we have provided tailored assistance to Australia and overseas clients to expand their operations in the mining and other engineering sectors. 


Groote Eylandt (Gulf of Carpentaria, Northern Territory), the site of one of the world's largest manganese mines


Note: credit-card payments can be made via PayPal: simply press the relevant 'Add to Cart' button(s) below.) You do not need an account with PayPal to use this facility.


 

 

Project Notes


EUROPE’S ENERGY CHALLENGE

In the past year, global economic recovery has underpinned strong price increases for natural gas, coal and crude oil. 

 

Price (end month)

Increase, %

 

March 2021

March 2022

Unit
US$

 

 

 

 

 

 

Liquefied natural gas (LNG) Asia

7.9

14.9

MMbtu

89

Thermal coal (Newcastle)

92

262

tonne

185

Crude oil (Brent)

63

111

barrel

76

 

Sources: tradingeconomics.com; Ycharts (LNG Asia). For LNG Asia, the 2022 price is for the end of January.
Note: thermal coal is coal used mainly in electricity production; MMbtu = metric million British thermal units.


An energy crunch in Europe also lies behind strong prices. 

For example, natural-gas prices soared in Europe in 2021, tripling during the course of the year.  

This was a result of • the high dependence of Europe (including Germany, the UK and Italy) on imported gas • in the second half of 2021, reduced gas supplies from Russia, Europe’s largest supplier.   

In addition, in the face of high gas prices and low wind activity, coal is making a small comeback in Europe for electricity generation, adding pressure to coal prices.

For example:

• in January this year, France “temporarily” relaxed a cap on coal usage
• the UK had to restart a coal-fired power plant last November to ensure supply to the Glasgow climate-change conference, with further such restarts on-the-cards in 2022
• in Germany, coal replaced wind in 2021 as the largest source of electricity generation
• in late February, Italian prime minister Mario Draghi said "the re-opening of coal-fired power stations could be used to make up any shortfall in the immediate future" 

The European Union (EU) and the UK want to abandon coal. But this will be difficult in the short term, particularly given the uncertainty of Russian gas supplies to Europe in the wake of the invasion of Ukraine.

Speaking on a trip to Indonesia in October 2021, when Europe's current energy crunch was well underway, a senior EU representative, Frans Timmermans, said that "it will be a tragedy if in this crunch we will start investing again in coal, which is an energy that has no future and is extremely polluting".

In November 2021, the UK prime minister, Boris Johnson, said that the outcome of the Glasgow conference sounded the "death knell for coal".

In short, Europe is decrying the use of coal but increasing such use itself. This will not matter if increased coal use is short-term. But if more than short-term, Europe will need to change its message.