fbpx

Industry News

Jan 18, 2021
Further funding pumped into road safety upgrades

Further funding pumped into road safety upgrades

The Australian Government has approved $225 million for Queensland projects under tranche one of the $2 billion Road Safety Program, with a further $64.6 million to be provided by the State. The joint funding announcement should see another 87 projects across Queensland started and completed within the next six months. Deputy Prime Minister and Minister for Infrastructure, Transport and Reg...

Read More
Jan 18, 2021
Cyclone intensifies to category 2 system

Cyclone intensifies to category 2 system

Tropical cyclone Kimi has intensified to a category 2 system as it continues to hover off the North Queensland coast. It was estimated to be 165km north of Townsville at 4pm today (January 18) and moving south-southeast at 14km per hour. The warning zone stretches from Innisfail to Ayr, with a cyclone watch for Ayr to Bowen. * Check HERE for updates The Bureau of Meteorology said cyc...

Read More
Jan 18, 2021
Wet halts Agate Creek mine as processing kicks off

Wet halts Agate Creek mine as processing kicks off

The first ore from the current mining campaign at North Queensland’s Agate Creek gold mine is running through the plant at Lorena, 15km east of Cloncurry. Mine owner Laneway Resources said there was about 4400 tonnes of 6g/t gold ore expected to be processed over the next 10 days. The company has temporarily suspended operations at Agate Creek, about 40km south of Forsayth, due to loc...

Read More
Jan 18, 2021
LNG export revenue takes $12.6b hit

LNG export revenue takes $12.6b hit

Australia’s LNG export revenue dropped to $36.1 billion last year, down from $48.7 billion in 2019, despite increased volumes, according to estimates from EnergyQuest. Export income had been severely impacted by the lower oil prices seen through much of the year since April, together with low spot prices, the energy advisory firm said. Its latest report showed the nation exported a re...

Read More
Jan 18, 2021
‘Spectacular’ high-grade gold results from NQ project

‘Spectacular’ high-grade gold results from NQ project

Superior Resources has announced ‘spectacular’ results from recent drilling at the Steam Engine gold project in North Queensland, with grades as high as 184g/tonne gold. The Stage 2 drilling results will be incorporated into the planned pre-feasibility study, set to begin immediately after expected finalisation of the project’s scoping study in early February 2021. They po...

Read More
Jan 18, 2021
NQ residents urged to prepare as cyclone hovers off coast

NQ residents urged to prepare as cyclone hovers off coast

Tropical cyclone Kimi is moving slowly south and may cross the coast overnight or on Tuesday on current tracking, the Bureau of Meteorology says. At 10am today (January 18) cyclone Kimi was estimated to be  90km east of Cairns and 250km north of Townsville. The warning zone for the category 1 cyclone extends from Port Douglas to Ayr. The latest Bureau of Meteorology advice, issued at 10...

Read More
Jan 18, 2021
Biddle to lead march on Alpha torbanite project

Biddle to lead march on Alpha torbanite project

Greenvale Mining has appointed experienced Australian mining executive Neil Biddle as managing director, tasked with overseeing plans to fast-track development of Alpha project in Central Queensland. The company describes Alpha as the only remaining deposit of torbanite – a mineral that contains up to 650 litres of hydrocarbons per tonne – in Australia. The project lies  50km south o...

Read More
Jan 18, 2021
Port Douglas to Ayr in cyclone warning zone

Port Douglas to Ayr in cyclone warning zone

Tropical cyclone Kimi is moving slowly south and is expected to veer south-south-west towards the north Queensland coast today. The warning zone for the category 1 cyclone extends from Port Douglas to Ayr and inland to Mareeba and Atherton, including Cairns and Townsville. The latest Bureau of Meteorology advice is that the system is most likely to approach, and may cross, the coast late to...

Read More
Jan 18, 2021
Gulf zinc operation hits production milestone

Gulf zinc operation hits production milestone

New Century Resources is celebrating a major milestone, producing its 500,000th tonne of zinc concentrate since restarting operations at the Century mine site in August 2018. The company also announced that it had executed a zinc price hedging program for the remainder of this financial year, securing contracts to guarantee a floor price of $US1.20/lb ($US2,645/t) for all sales in the March q...

Read More
Menu