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Industry News

Apr 17, 2021
New large-scale targets at MaCauley Creek

New large-scale targets at MaCauley Creek

Inca Minerals says it has identified major new porphyry and skarn targets at its MaCauley Creek project, significantly upgrading its exploration potential. It follows an expert review of historical geophysical data, together with geochemistry data (soil and rock chip sampling) collected by Inca and by previous owners of the site, 100km west of Townsville. Among… ...

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Apr 16, 2021
Vanadium proponent to build battery electrolyte plant

Vanadium proponent to build battery electrolyte plant

Vecco Group has made the final investment decision to construct a $25 million vanadium battery electrolyte manufacturing plant in Brisbane. The company holds the Debella vanadium and HPA (high purity alumina) project north of Julia Creek in North-West Queensland, which it aims to bring online to feed the plant in about two years. The manufacturing… ...

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Apr 16, 2021
Copper Dome survey reveals positive results

Copper Dome survey reveals positive results

A recent geophysical survey has proven to be good news for Rockfire Resources and its Copper Dome project in Central Queensland. The company said the helicopter survey had returned a much larger target than previously thought at the porphyry copper project. Rockfire Resources said the revised target, based on the new survey information, had increased… ...

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Apr 16, 2021
QMRS rescue winder nears completion

QMRS rescue winder nears completion

A new rescue winder designed to extract workers from underground mines is set to go on show at the Queensland Mining Industry Health and Safety Conference at the Gold Coast in August in its public debut. The industry-funded Queensland Mines Rescue Service is working with Becker Mining Systems to fine tune communications for the device. QMRS… ...

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Apr 16, 2021
Aeon about-face on Walford Creek processing

Aeon about-face on Walford Creek processing

Aeon Metals has dumped its previous processing strategy for Walford Creek, sending prefeasibility work for the copper-cobalt mine on a new trajectory. It comes after an independent review of the key metallurgical elements of the Walford Creek prefeasibility study (PFS), initiated by interim chief executive officer and managing director Fred Hess. Dr Hess, previously a… ...

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Apr 15, 2021
Kidston hydro on track as NAIF loan finalised

Kidston hydro on track as NAIF loan finalised

Genex Power has flagged it is on track to start construction this month and reach financial close in May on the $777 million Kidston pumped hydro project. It has executed all outstanding financing documentation, including closing on a $610 million loan through the Northern Australia Infrastructure Facility (NAIF). Genex chief executive officer James Harding. Expected… ...

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Apr 14, 2021
Great Northern hits Camel Creek with 5000m drill campaign

Great Northern hits Camel Creek with 5000m drill campaign

Great Northern Minerals has kicked off a new drilling campaign at Camel Creek in North Queensland on the back of a recent $3 million fund raising. Two previous drilling programs completed at Camel Creek during 2020 highlighted the potential of a significant gold system, the company said. Numerous high-grade intersections were returned, extending over about… ...

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Apr 14, 2021
Zenith follows gold further down at Red Mountain

Zenith follows gold further down at Red Mountain

Zenith Minerals is continuing to report ‘highly encouraging’ high-grade gold assay results from drilling at the Red Mountain project in southern Central Queensland. The company said the ongoing diamond drilling program had successfully demonstrated that high-grade gold mineralisation extended to at least 200m vertical depth, expanding gold mineralisation 20m beyond the previous deepest...

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Apr 13, 2021
Cape sand mine a beacon of Indigenous opportunity

Cape sand mine a beacon of Indigenous opportunity

The major Cape Flattery silica sand mine on Cape York has been hailed as a leader when it comes to Indigenous employment. Resources Minister Scott Stewart said the Mitsubishi Corporation-owned Cape Flattery Silica Mines was a quiet achiever, providing local jobs together with a leading Indigenous employee program. “The mine has been operating since 1967… ...

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