Stories

Mar 31, 2020
Altum keen to move ahead with resort development

Altum keen to move ahead with resort development

Altum Property Group has taken the next step towards building a $2 billion development on Great Keppel Island in Central Queensland, lodging their substantial Financial Management Capability Assessment (FMCA). Director Rob McCready said he was eager to see movement on the first stage of the 1300 holiday dwelling Great Keppel Island Resort development. It is set to include a new beachfront h...

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Mar 31, 2020
Bowen Coking Coal seeks lease for new open-cut mine

Bowen Coking Coal seeks lease for new open-cut mine

Bowen Coking Coal has lodged a Mining Lease Application for its Isaac River project, next door to BMA’s Daunia mine in the Bowen Basin. The company describes the move as a significant milestone in the critical path to converting the coking coal project to a producing asset. It is looking at a contractor-operated open cut along with highwall mining, with the coal to be washed off site...

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Mar 31, 2020
Rex pulls the pin on all regional Queensland routes

Rex pulls the pin on all regional Queensland routes

Regional Express airline says it will shut down all Queensland Regular Public Transport services from tomorrow (April 1) as the COVID-19 crisis sees takings plummet. It is calling a force majeure event on its contract with the State, saying the government has failed to make the concessions needed to keep those routes viable. “With cash fast running out and no immediate prospect of a ...

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Mar 30, 2020
Glencore steps up COVID-19 screening measures

Glencore steps up COVID-19 screening measures

Glencore says it is stepping up health screening measures at its copper and zinc sites in North-West Queensland. It comes after Mount Isa Mayor Joyce McCulloch last week called for a shift to a locally based workforce to avoid the extra risk of FIFO and DIDO workers bringing COVID-19 into the area. Glencore has not directly commented on that argument, but says all of its employees and contr...

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Mar 30, 2020
Wage subsidy a $130b lifeline for Australia jobs

Wage subsidy a $130b lifeline for Australia jobs

The Federal Government has announced a wage subsidy of $1500 per fortnight to help employers keep people in jobs . The $130 billion JobKeeper payment is expected to keep about six million Australians employed to help tackle the significant economic impact from the coronavirus. The payment will be open to eligible businesses that receive a significant financial hit caused by the coronavirus...

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Mar 30, 2020
New focus at Urquhart bauxite project

New focus at Urquhart bauxite project

Metallica Minerals says it is keen to investigate a potential industrial sand opportunity at its delayed Urquhart bauxite project on Cape York. It comes the company receives $715,000 as part of the second instalment due on the sale of its 50 per cent interest in the Heavy Mineral Sand (HMS) plant and the HMS tenements in the same area. Metallica is set to receive $1.7 million in total for...

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Mar 30, 2020
Curragh kicks on while Coronado’s US mines idle

Curragh kicks on while Coronado’s US mines idle

Coronado Global Resources is placing its United States operations on ‘idle’ as a result of the economic slump caused by the COVID-19 pandemic. But its Curragh mine in Central Queensland will continue operations to supply metallurgical coal to key customers in India and the Asia Pacific. Curragh also supplies coal under a long-term contract to the government-owned Stanwell power ...

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Mar 30, 2020
Offtake deal breakthrough for FNQ power project

Offtake deal breakthrough for FNQ power project

Genex Power has secured the energy offtake deal needed to push ahead with the Kidston hydro project in Far North Queensland. EnergyAustralia has agreed to an Energy Storage Services Agreement for up to 30 years for full dispatch rights from the planned 250MW plant. Genex expects to begin construction in the third quarter of this year, creating about 500 jobs over a build time of more than...

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Mar 29, 2020
Mining jobs hold steady during COVID-19 crisis

Mining jobs hold steady during COVID-19 crisis

A survey of Queensland resources companies during the COVID-19 outbreak shows more than half plan to maintain or increase the size of their workforce. The Queensland Resources Council released the findings today after a week when the industry came under increasing pressure to demonstrate it had adequate measures in place to safeguard employees and local communities from the virus. QRC chie...

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Mar 28, 2020
COVID-19 stressed businesses clock up $50m in refunds

COVID-19 stressed businesses clock up $50m in refunds

A State payroll tax refund initiative has seen $50 million-plus land in the bank accounts of more than 2300 Queensland businesses feeling the crunch as the result of the COVID-19 crisis. The initiative was announced on Tuesday as part of a $4 billion in measures to support Queenslanders’ health, jobs and businesses. Deputy Premier and Treasurer Jackie Trad said the initial response was a ...

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Mar 28, 2020
TerraCom, Yancoal on the acquisition march

TerraCom, Yancoal on the acquisition march

Blair Athol mine owner TerraCom has completed its offer to acquire Universal Coal for $175 million. TerraCom, already the largest shareholder in Universal, said the acceptances it had received resulted in it reaching more than 90 per cent of the voting rights attached to Universal shares. It will proceed to a mandatory sell-out process and cause Universal to delist from the Australian stoc...

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Mar 28, 2020
Range coal seam gas project on the back burner

Range coal seam gas project on the back burner

Central Petroleum and Incitec Pivot have paused a coal seam gas project in the Surat Basin due to the COVID-19 crisis. The joint venture partners cited logistical disruptions caused by the pandemic as well as significant disruptions to the global oil and domestic gas markets. “IPL and CTP remain committed to the domestic gas project and look forward to restarting activities on the pla...

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Mar 28, 2020
Cyber hygiene warning to fight COVID-19 scammers

Cyber hygiene warning to fight COVID-19 scammers

Computer users are being urged to practice cyber hygiene as well as hand hygiene during the COVID-19 crisis, as online scammers strike. The warning comes from CQUniversity Information Systems and Analysis Leader, Dr Ritesh Chugh, who says everyone must stay on guard as these threats are global. Dr Chugh has reflected on the various coronavirus-related scams and what the public should do to ...

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Mar 27, 2020
Shorter payment terms in Toowoomba relief package

Shorter payment terms in Toowoomba relief package

The Toowoomba Regional Council has revealed a package of economic relief measures to be delivered immediately as part of a coronavirus response. They include a quicker turnaround for payments to suppliers and an undertaking to use local contractors for works under $200,000. Council will: Pause debt recovery for outstanding rates and charges to June 30Refund fees or charges for forward b...

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Mar 27, 2020
Mackay business support measures revealed

Mackay business support measures revealed

Mackay Regional Council has detailed stage one of business support measures to help assist those impacted by the escalating COVID-19 crisis. It says it will bring forward maintenance and capital projects and initiatives from 2020-2021 to the next three months to increase local employment and contract opportunities. The measures also include waiving a raft of fees for 2020-2021 and a focus ...

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Mar 27, 2020
Green light for $21m in regional resilience works

Green light for $21m in regional resilience works

The Federal and State governments have given the green light for $21 million worth of infrastructure resilience projects in regional communities impacted by the 2019 monsoon trough. Emergency Management Minister David Littleproud said this round of funding included more than $17 million to improve regional road networks. “Today’s announcement is in addition to more than $60 million alr...

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Mar 27, 2020
Mount Isa call for shift to local mine workforce

Mount Isa call for shift to local mine workforce

Mount Isa Mayor Joyce McCulloch is calling on the region’s mines to shift to a locally based workforce to avoid the extra risk of FIFO and DIDO workers bringing COVID-19 into the area. But she is critical of those using the pandemic to push a broader political agenda against FIFO. Cr McCulloch, chair of the Local Disaster Management Group, said FIFO (fly-in-fly-out) operations had be...

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Mar 27, 2020
Border entry pass waived for trucking industry

Border entry pass waived for trucking industry

Freight vehicles will be waved through at the Queensland border without having to complete paperwork, the Australian Logistics Council says. In an update to members, ALC chief executive officer Kirk Coningham welcomed the confirmation from the Queensland Government. “Obviously, police may continue to intercept any vehicle suspected of involvement in an offence, or as part of ongoing non...

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