Industry News

Nov 17, 2020
Report highlights project management importance

Report highlights project management importance

A joint research report  by KPMG and the Australian Institute of Project Management highlights a more positive sentiment within Australian industry than originally thought. Despite a turbulent year, the report suggested the overall picture for project management was more positive, with an ever increasing demand for project management skills. Now in its third year, the survey of ov...

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Nov 17, 2020
Silver mine deal falls through for Jadar

Silver mine deal falls through for Jadar

Jadar Resources has dropped its planned purchase of the Granite Belt Project, including the Texas silver mine. The company said yesterday it had formed the view that the asset owners Moreton Resources and subsidiary MRV Metals, both in liquidation, were unable to deliver unencumbered title to the Granite Belt assets and unable to complete the transaction. The company had entered into the t...

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Nov 17, 2020
Minotaur keen to start work at new tenements

Minotaur keen to start work at new tenements

Minotaur Exploration has completed its due diligence and will proceed to acquire the Pyramid gold project in North Queensland from Avira Resources. Minotaur said it was attracted to the tenement group by the very credible drilling history and an extensive geochemical database, positioning Pyramid as a compilation of advanced gold exploration prospects. West Pyramid Range offered significan...

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Nov 17, 2020
Explorer hits ‘jackpot’ with gold-rich discovery

Explorer hits ‘jackpot’ with gold-rich discovery

Transition Resources says it has ‘hit the jackpot’ near Cloncurry, identifying a multi-billion-tonne, gold-rich mineral system in its tenements. Recent drilling confirmed the system was capable of hosting high-grade gold and new economy metals such as tungsten, cobalt, and highly sought-after heavy rare earth elements, Transition Resources founder David Wilson said. He describ...

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Nov 17, 2020
CPB Contractors to lead Greenvale ASMTI works

CPB Contractors to lead Greenvale ASMTI works

CPB Contractors has been appointed to deliver the first phase of works for a new Defence training area near Greenvale, with hundreds of jobs expected to flow. Upon the successful completion of the development phase of the $23.5 million contract, CPB Contractors would then be engaged to deliver $800 million in facilities under the Australia-Singapore Military Training Initiative (ASMTI), the Fe...

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Nov 16, 2020
Early success in Big One drilling campaign

Early success in Big One drilling campaign

Castillo Copper says its geology team is off to a flying start at the Big One deposit in North-West Queensland, hitting visible copper oxide and sulphide mineralisation at shallow depths. After inspecting samples from the first seven drill holes, the team observedvisible copper oxide (malachite) and sulphide (chalcocite) mineralisation in wide intercepts up to 13m. Subject to assay results,...

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Nov 16, 2020
MCA welcomes major trade agreement

MCA welcomes major trade agreement

The Regional Comprehensive Economic Partnership signed by 15 countries, including Australia, will create more trade and investment opportunities for the nation’s minerals industry, according to the Minerals Council of Australia. MCA chief executive officer Tania Constable said the long-awaited agreement, the world’s largest, signalled Australia and the south-east Asian region’s shared co...

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Nov 16, 2020
Fears over Daunia jobs as automation rolls out

Fears over Daunia jobs as automation rolls out

Mining union the CFMEU is at loggerheads with BHP again, this time accusing the company of ‘job cuts in disguise’ over automation in the coalfields. The union says BHP has told labour hire workers at Daunia they will no longer be required after autonomous vehicles are introduced early next year, although there were no details on how many workers were involved. But BHP Mitsubishi...

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Nov 16, 2020
Glenaras gas project gaining momentum

Glenaras gas project gaining momentum

Galilee Energy says wells 19, 20 and 23 at its Glenaras gas project near Longreach have been commissioned and will be brought into full production this week. The company said the remaining three wells at the Galilee Basin site were awaiting pumping equipment from the United States, which was experiencing shipping delays associated with COVID-19. “The first item of this equipment has ...

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