Mining Jobs - Peabody Energy Lifts Coal Production - iMINCO Mining Training Information

Mining Jobs – Peabody Energy Lifts Coal Production

iMINCO Queensland Mining Jobs - Peabody Energy Lifts ProductionPeabody Energy is an active global mining company, creating a variety of Australian mining jobs with mining operations across Queensland and New South Wales.

They are looking at lifting coal mining output at its Australian mines to around 37 million tonnes in 2014. In the process consolidating its mining costs and streamlining its mining job obligations in terms of contractors.

The financial year of 2013 was tough for Peabody as it battled cost reductions and lower coal prices, production delays and industrial action.

In 2013, US based Peabody dug up 34.9 million tons of coal from Australian mining operations, split between 15.9 million tons of coking coal and 11.4 million tons of thermal coal.

Australian mining operation produced a revenue for Peabody of $US2.9 billion for the year, however revenues per tonne fell around 22 per cent but the 6 per cent rise in shipment volumes provided an off-set.

In the year, the gross profit of its Australian operations, totalled $US316.6 million, with lower prices costing the mining company $US700 million, again this was partly offset by 4 per cent cost reduction.

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Mining in Australia has its challenges for any mining company, and Peabody were certainly not the exception as it battled fierce competition in the market place. One of the operational issues Peabody faced was a $US100 million kick in the wallet from delays in commissioning a longwall at its North Goonyella mine in northern Queensland.

For 2014, Peabody said production from its Australian mines will run at about 35-37 million tonnes, and it expects to see greater improvements from operations at its North Goonyella mine by the second quarter of 2-14. The mining company has also taken to reducing costs by using internally managed operations which accounts for over 90 per cent of its local coal mining output.

As a result of the tightening of its costs, Peabody is expected its cash cost in terms of extraction and delivery would be somewhere in the region of the low to mid $US70 a tonne mark.

The heat turned on pressure on Australian coal export prices in 2013 owing to a 25 million tonne surge in coking coal exports which was mainly due to mining companies shipping to avoid penalties on take-or-pay shipment contracts.

In terms of a 2014 coal production outlook, Peabody said it expects to see slower growth in thermal coal exports which could ease the pressure on prices.

Mining Jobs with Peabody Energy

In terms of jobs in mining with Peabody Energy, the opportunities are ever present and requires a little bit of research in order to find where the mining jobs are with the global mining company.

For new starters, tradespeople or qualified professionals  looking to target Peabody Energy in terms of mining employment, here are a few tips to help get off the starting blocks.

  • Do your in-depth research starting with the Peabody Energy website at www.peabodyenergy.com.au
  • Read the mining company’s press releases, as they are often a good source of mining jobs information. You will find clues and hints as to where their mining operations are, as well as gain insights into future mining operations and exploration.
  • Sign up for mining jobs updates via email from the ‘news’ page section of the website and get job alerts as they are posted.
  • Update your mining resume and make sure you have your most important information on page. This includes relevant mining qualifications and experience…you must get this information noticed first.
  • Is your resume set up to pass the ‘resume software scanner’ process? If not, read this article on ‘resume scanning software‘ which will help explain why placing the right keywords in your resume is very important.
  • For new starters and tradespeople looking to enter the mining industry, it can be frustrating not to be selected for mining jobs when they have the right mix of attitude and skills. One of the reasons could be the lack of availability for employment. Mining companies and recruiters can often be swayed in terms of the selection criteria if a candidate for a job can be ready to go on-site within a short space of time. Therefore, being mine-ready can be a critical factor in the job placement process.
  • How do you get mine-ready? Being ready and prepared to go into a mining job can often revolve around whether the person has completed the relevant mining induction course that proves to the employer they are serious about a long-term commitment to a job in the mines. In Queensland the mining induction course is mandatory if a person wants to work on a mine site. This course lasts for 2 days, sometimes 3 days and is often referred to as the Queensland Standard 11, or Coal Generic Induction Course. Legislation by the Queensland government prevents people from being present on a mine site in QLD without this RII qualification.
  • Job seekers should also consider a Coal Board Medical examination as this is also a requirement for many mining companies before an official offer of employment can be offered.

At the end of the day,  mining jobs are highly sought after, with a lot of competition for Peabody Energy careers. Being successful in getting a job with Peabody requires work, research and preparation; and only then will people start to realise that mining jobs can offer a good career outcome for those who are prepared to put in the hard yards.

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