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Industry News

Feb 20, 2021
True blue record-breaker

True blue record-breaker

This electric blue Ford has just become the most expensive Australian-made production car to be sold at auction. The 1971 Ford XY Falcon GT-HO Phase III went for $1.15 million ($1.2 million with buyer’s premium) in Slattery’s Ultimate Aussie Car Auction this week. That beat the $1.05 million paid in January for a Holden HSV GTSR W1 Maloo ute. The new record-holder is a Queen...

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Feb 19, 2021
Queensland exploration riding high

Queensland exploration riding high

Strong commodity prices are expected to help fuel a continued climb in exploration spending in Queensland, after a 77 per cent rise in the past three years, a peak group says. Queensland Exploration Council chair Kim Wainwright said exploration expenditure in the state had been robust over most of the past 10 years, apart from a drop in 2015-17, but had been on a steep upwards trajectory sinc...

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Feb 19, 2021
NQ delegation to hit nation’s capital

NQ delegation to hit nation’s capital

Hells Gates Dam, CopperString 2.0, and the Mount Isa to Townsville supply chain will be among the hot topics when Townsville Enterprise and North Queensland Mayors hit Canberra next week. The delegation plans to directly engage with national leaders to promote the region’s Federal Budget Submission, which encourages the Commonwealth to unlock the north through policy reform and investment tow...

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Feb 19, 2021
Strong interest in Townsville manufacturing plan

Strong interest in Townsville manufacturing plan

Diatreme Resources has been swamped with calls from further interested solar PV glass manufacturers since announcing plans last week for processing in Townsville, says chief executive officer Neil McIntyre. The company has earmarked Townsville for a beneficiation plant for silica sand from its Galalar project on Cape York. But it is also looking into the feasibility of working with potentia...

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Feb 19, 2021
Genex update on Kidston hydro start date

Genex update on Kidston hydro start date

Genex Power has issued an update on the expected start date for construction of its 250MW Kidston Pumped Storage Hydro Project in North Queensland. Financial close – previously tipped for this month – and the start of construction are now expected to occur early in the second quarter of this year. Construction of the $800 million project is expected to create about 500 jobs in ...

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Feb 19, 2021
Greenvale Mining raises funds to fast-track Alpha

Greenvale Mining raises funds to fast-track Alpha

Greenvale Mining is getting cashed up to fast-track its Alpha torbanite project in Central Queensland with a share purchase plan to raise up to $3 million. The company has kicked off a multi-pronged work program at the Alphaproject aimed at delivering a JORC-compliant resource/reserve and pre-feasibility study by mid-year. “We believe that Greenvale is about to move quickly up the value cur...

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Feb 19, 2021
National strategy to help boost resource workforce

National strategy to help boost resource workforce

Ensuring that people living in regional communities are ready for work opportunities in the resource sector is a major focus of a new national strategy. The Federal Government released Australia’s National Resources Workforce Strategy this week, highlighting the need to make sure Australia has the skilled workers needed to meet future demand. Minister for Resources, Water and Northern Austr...

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Feb 18, 2021
Mount Flora results ‘exceed expectations’

Mount Flora results ‘exceed expectations’

Duke Exploration says it has again doubled the mineralised area at Mount Flora, within its flagship Bundarra copper project in Central Queensland, after new drill results. The first hole targeting a VTEM (versatile time domain electromagnetic) plate anomaly north of Mount Flora successfully intersected visible copper mineralisation in stacked veins from 47m to a depth of 225m. Duke describ...

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Feb 18, 2021
Supply opportunities in local government

Supply opportunities in local government

From bore repairs to building upgrades, culverts to community halls and more, here is a list of current council tenders in regional Queensland. Mon, 22 February 2021 10:00 AMMRC010594: Register of Pre-Qualified Suppliers for Trade & Associated Services Maranoa Regional CouncilMon, 22 February 2021 10:00 AMMRC010672: Register of Pre-Qualified Suppliers for Vegetation Management Ma...

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