Mount Isa Mayor Danielle Slade has welcomed news the city’s copper smelter will remain open for the next few years, following an agreement between the Queensland Government and Glencore. “Mount Isa Mines is the backbone of the city’s economy, and the copper smelter is the backbone of Mount Isa Mines,” Cr Slade said. “I welcome the news of this commitment, which will safeguard ...
Construction companies are being invited to submit their interest in building the $150 million Walkerston Bypass on the Peak Downs Highway in Central Queensland. The tender is expected to be awarded in March next year, with construction expected to start soon after and completion due by late 2023. The bypass will provide a 10.6km link between the Bruce and Peak Downs highways. “This is...
Hammer Metals is running an eye over the gold exploration potential within its Mount Isa project areas as prices remain strong. The company has focused primarily on exploring for large scale Iron Oxide Copper Gold (IOCG) systems in the region and says there is potential for significant gold mineralisation within its tenure. “The gold exploration review highlights the latent opportunit...
A pledge of $30 million for Big Rocks Weir outside Charters Towers and $10 million to support the DriveIT project in Townsville are among the economic kick-starters in a North Queensland recovery plan outlined today. A multi-million-dollar State Government support package to secure more than 1000 resource and manufacturing jobs by ensuring the continuation of Glencores Mount Isa copper smelter...
Glencore will continue to run its copper smelter in Mount Isa and refinery in Townsville beyond 2022 after reaching an agreement with the State Government. The company announced today that it would receive a one-off incentive from the State Government and also planned to invest more than $500 million for the continued operation of the plants. The incentive, offered under the Queensland Gove...
State Gas has welcomed the award of substantial new acreage west of Rolleston as a ‘company-maker’, saying it has the potential to quadruple its resource position. The company has been appointed preferred tenderer for a 1414sq km block (Block 5) in the latest Queensland Government petroleum land release. The land surrounds the northern part of the site where State Gas is devel...
Townsville City Council says local businesses have benefited from more than $270 million in council spending over the last six months. Since the beginning of the COVID-19 pandemic in March, almost 82 per cent of the council’s procurement spend has been on small, medium, and large local businesses. Townsville Mayor Jenny Hill said the council had a significant role to play in supporting bu...
Denison Gas has commenced the first well in a development drilling program to increase gas deliverability to its Yellowbank processing facility. It comes amid news that State Government has named Denison Gas as preferred tenderer for PLR2020-1-10 – a 668sq km block about 135km north of Roma. The area immediately adjoins several Denison Gas petroleum leases which contain the Sou...
Hydrogen, energy storage and carbon capture and storage are key planks of the Federal Government’s new Low Emissions Technology Statement. Energy and Emissions Reduction Minister Angus Taylor released the statement, described as the first milestone in Australia’s Technology Investment Roadmap. It outlines five priority technologies and economic stretch goals to make new technologies...
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