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Hi Kezzler

This might help answer your question, thought i would share this article about the effects of the flooding on the bowen basin region (4 hours old). I have taken exerts from the article that are useful to us, otherwise for the full article follow the link below

Roads, rail restricted

Queensland Tourism said the heavy rains and flooding would have a negative impact on the state's tourism industry but that it was too early to quantify the impact, adding areas around the Great Barrier Reef in the far north were untouched by floods.The majority of the state's tourist operators remained open, it said, noting that while some roads and rail links were restricted, only one of the state's 20 airports was closed.

"There is a little cancellation coming through due to the perception things are not open and a little drop in day traffic from Brisbane," said Queensland Tourism's Leanne Coddington.Floods have paralysed operations that produce 35% of Australia's estimated 259m tons of exportable coal. Australia contributes two-thirds of global coking-coal exports, needed to make steel.

Global miners Anglo American , Rio Tinto , Xstrata and BHP Billiton , have all been hit by the floods, and all have made force majeure declarations, which release firms from delivery commitments.Flooding has begun to recede in the main Bowen Basin coal region, but many mines remain flooded and will take weeks to drain and resume full production. While some rail links between mines and the ports have resumed, others remain under water.

Coal production hampered

Coal stocks were running low at the key coal port of Dalrymple Bay, but it was receiving enough to keep loading ships, while the port of Gladstone said it may be days to weeks before it starts getting coal supplies back to normal."All the systems apart from the Blackwater (rail line) are operating so we are just waiting for that floodwater to recede," said a QR National railway spokesperson. "When the flood waters come down we will have a good opportunity to have a look at what's underneath and see what the recovery will be."

Roughly 8% of the world's thermal coal production - used in power generation - has been temporarily eliminated by the flooding, according to Australia & New Zealand Bank analyst Mark Pervan. Analysts expect steel coals to rise as much as a third to $300 a ton in the aftermath of the floods, sweeping thermal coal prices higher in the process.
Asian steel-makers are anxious over Australian supplies, worried the disruptions could outlast their stockpiles, which typically hold around a month's worth of consumption.
In 2008, flooding stalled some mines for as long as six months, but others began producing within six weeks.

http://www.news24.com/World/News/Flash-floods-hit-Australian-city-20110110

This is only if the area is not hit with another down poor, otherwise i believe most of the heavy rain is to be around the south east coast of QLD (sunshine coast to gold coast) and then in the following weeks higher up in the tropics (cairns to cooktown)

Also if you have some free time read the following articles from back on the 6th and 8th, has a more in depth look at the coking coal sector and the bowen basin region. Seems that some mines are still able to produce while others are inundated with flood water. Hope this helps, GL to all holders

http://www.theaustralian.com.au/business/mining-energy/floods-to-impact-coal-markets-for-months/story-e6frg9e6-1225983114854

http://www.smh.com.au/national/floodwater-halts-coal-production-20110108-19jj4.html


GB