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Industry News

Jan 20, 2022
Day Dawn bright with gold-silver potential

Day Dawn bright with gold-silver potential

Ballymore Resources says it has identified a significant new gold-silver mineralised system along strike from Mount Wright and Hadleigh Castle mines in North Queensland. Rock chip samples from Day Dawn, within Ballymore’s Ravenswood project, returned results up to 127.5 g/t gold, 708 ppm silver and 2.83 per cent lead. The Day Dawn prospect hosts numerous… This content is for iQ Indust...

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Jan 20, 2022
Coronado riding high on coal price surge

Coronado riding high on coal price surge

Curragh mine owner Coronado Global Resources has presented a rosy financial outlook in its latest quarterly report, with realised metallurgical coal prices surging by almost 50 per cent. The company reported a record quarterly revenue of $US774.5 million across its operations globally, up 35 per cent on the September quarter. “Met coal prices for shipments… This content is for iQ Indu...

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Jan 20, 2022
Blue Grass solar project on song as finances fall in place

Blue Grass solar project on song as finances fall in place

X-ELIO has reached financial close for its Blue Grass Solar Farm, 14km west of Chinchilla, with backing including $37 million from the Clean Energy Finance Corporation. Construction of the $215 million solar farm has supported about 400 jobs for the Western Downs region, with full commercial operations expected to kick off this quarter. The 200MW… This content is for iQ Industry Queensland ...

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Jan 20, 2022
Red River in the hunt at Cougartown

Red River in the hunt at Cougartown

Reverse circulation drilling has identified mineralisation at Red River Resources’ Cougartown and Cougartown West prospects, including an intercept of 86m grading at 2.3 per cent zinc equivalent from surface. The prospects lie near its Liontown project, which is being developed as the third deposit to be mined at Red River’s Thalanga operations in North Queensland… This content ...

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Jan 20, 2022
Osborne’s new dawn to bring hundreds of jobs

Osborne’s new dawn to bring hundreds of jobs

Chinova Resources aims to kick off mining in March in a strategy to resume processing at its Osborne plant and tap the riches of a prime suite of North-West Queensland copper-gold tenements. The operation is expected to employ about 250 to 300 people, according to Dee Tahan, who has been appointed as general manager to… This content is for iQ Industry Queensland members only.Log In Register...

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Jan 19, 2022
Data mission to fuel further discovery

Data mission to fuel further discovery

The Winton region is the focus of the latest State-backed work using magnetic and electrical data to create three-dimensional models to boost mineral exploration efforts. A magnetotelluric survey west of Winton is among the projects supported under Queensland’s $23 million New Economy Minerals Initiative. Resources Minister Scott Stewart. “Government investment in projects like this helps...

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Jan 19, 2022
Quick fire – construction and infrastructure news

Quick fire – construction and infrastructure news

Roadworks, tender opportunities and the latest offerings from the Institute of Civil Infrastructure (ICI) … Selected intersections along major Cairns roads will be earmarked for safety upgrades as part of a $44.1 million program across Far North Queensland. Queensland Transport and Main Roads Minister Mark Bailey said works had already started at the intersection of… This content is f...

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Jan 19, 2022
EPSA wins $564m contract to mine Isaac Downs

EPSA wins $564m contract to mine Isaac Downs

Stanmore Resources has awarded a $564 million contract to EPSA Pacific for open-cut mining services at its new Isaac Downs coal mine near Moranbah. The company described awarding the five-year contract as major milestone in moving to full production at the Isaac Downs mine. Mining activities under the contract are set to commence early next… This content is for iQ Industry Queensland member...

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Jan 19, 2022
COVID, La Niña hit BHP coal production

COVID, La Niña hit BHP coal production

BHP has highlighted workforce absenteeism forced by the spread of COVID-19 as a risk to production from its Queensland coal mines for the remainder of this financial year. The major miner reduced guidance for its metallurgical coal output in the half-year review released today. It said the revision stemmed from significant La Niña-related wet weather… This content is for iQ Industry Queensl...

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