Coal Services today announced a reduction of 2.78% to workers’ compensation premium rates for the New South Wales coal mining industry, with the target premium rate set at 3.5% (3.6% in 2010/11). This is the latest in a series of reductions that have seen premium rates fall from a high of 11.5% in 2002/03 to the current rate of 3.5%, equating to almost a 70% reduction over 8 years.

Hunnu Coal (ASX: HUN) announces that the Mineral Authority of Mongolia has granted a mining licence MV – 016872 for the Tsant Uul Project, covering total area of 69,233 ha.