Stories

Mar 24, 2020
Tableland miner enters administration

Tableland miner enters administration

The owner of significant mining leases and processing assets on the Atherton Tableland in Far North Queensland has entered into administration. The Auctus Minerals-owned Chillagoe Project, which counted the Mungana and King Vol deposits in its portfolio, will be put into care and maintenance. Richard Tucker and John Bumback of KordaMentha Perth have been appointed as voluntary administrator...

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Mar 24, 2020
Border closure not aimed at interstate workers

Border closure not aimed at interstate workers

People travelling to and from work, including FIFO mine workers, are exempt from new restrictions which see Queensland closing its borders for the first time in more than a century. Premier Annastacia Palaszczuk said the border restrictions were essential to slow the spread of coronavirus on the advice of the chief health officer Dr Jeannette Young. “Extra-ordinary times call for extra-or...

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Mar 24, 2020
State stumps up $4b package to ease pandemic pain

State stumps up $4b package to ease pandemic pain

The Queensland Government has unveiled a $4 billion COVID-19 response package, with moves to pump an additional $2.5 billion into protecting jobs and businesses. Premier Annastacia Palaszczuk described the measures as an unprecedented response to an unprecedented crisis. “To date, this is the biggest single relief package assembled by any state or territory,” she said. “Our $300 m...

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Mar 24, 2020
Gold maintains its gleam amid the global gloom

Gold maintains its gleam amid the global gloom

Gold prices may have been up and down in the last fortnight, but the precious metal looks strong compared to other investments. The ‘safe haven’ commodity is especially shining for Australian producers – with falling oil prices and a weak Australian dollar against the US increasing their margins, according to resource sector analyst Gavin Wendt. While gold prices have fallen to about ...

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Mar 24, 2020
Resources sector well-placed heading into COVID-19 crisis

Resources sector well-placed heading into COVID-19 crisis

A survey of Queensland’s resources leaders taken before the impacts of COVID-19 started to unfold found the sector was in a good standing to create an economic buffer in 2020. Queensland Resources Council chief executive Ian Macfarlane said the State of the Sector report gave hope to the Queensland economy with the sector in a strong position to maintain production and employment. “...

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Mar 24, 2020
Rum and COVID-19 – distilleries to the rescue

Rum and COVID-19 – distilleries to the rescue

It’s bottoms up to two Queensland manufacturers, who have responded to the COVID-19 crisis by helping supply much-needed hand sanitiser for the state. Beenleigh Rum Distillery and Bundaberg Rum Distillery will focus on the production of ethanol for hand sanitiser immediately, using existing production lines and staff. “My department has reached out to Queensland manufacturers, and t...

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Mar 23, 2020
Chillagoe region mining acquisition stalls

Chillagoe region mining acquisition stalls

Consolidated Tin Mines says it will not be proceeding with the proposed takeover of Auctus-owned operations in the Chillagoe region, west of Cairns. The $53 million acquisition deal covered the Mungana processing plant, the inactive Mungana mine and the King Vol polymetallic mine, which produces about 360,000 tonnes of ore per annum . Consolidated Tin Mines (CSD) said today the transaction ...

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Mar 23, 2020
Council COVID-19 measures to support local contractors

Council COVID-19 measures to support local contractors

Townsville City Council has announced extra measures to support small businesses feeling the effects of COVID-19, including breaking up work packages to open jobs to more contractors. The measures, worth up to $30 million, were approved as part of a special council meeting earlier today. The second part of the package will include provisions to support the 300-plus contractors currently bei...

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Mar 23, 2020
Gas gear goes under the hammer at Dalby

Gas gear goes under the hammer at Dalby

A large quantity of HDPE pipe is among the 220 lots going to auction in Dalby this Wednesday from QGC-Shell and Arrow Energy operations. Pickles mining division general manager Steve Wall said the auction would feature a large number of late-model four-wheel drive vehicles as well as batches of poly pipe totaling about 20km all up. (More HERE) The live sale will be proceeding , with social ...

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Mar 23, 2020
Bauxite Hills operations set for early April restart

Bauxite Hills operations set for early April restart

Metro Mining plans to restart production at Bauxite Hills on Cape York early next month after its wet season break. The company said in an update to the market today that one area of particular focus as it resumed mining was the health of its Indigenous employees and the threat the COVID-19 outbreak posed to their communities. “Our travel and work procedures take these issues into acc...

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Mar 23, 2020
BHP chips in with $50m community fund

BHP chips in with $50m community fund

BHP will establish a $50 million Vital Resources Fund to help support regional communities around its operations in the face of the COVID-19 pandemic. The announcement follows BHP’s commitment to step up payments for small, local and Indigenous suppliers and to employ a further 1500 people to support its Australian operations. “We know COVID-19 will require a significant collective resp...

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Mar 23, 2020
Commonwealth adds another layer of business aid

Commonwealth adds another layer of business aid

The Commonwealth Government has announced a raft of measures to assist businesses as part of the second stage of its economic plan to cushion the impact of the coronavirus. It came as the National Cabinet yesterday agreed to move to more widespread restrictions on social gatherings, forcing a shutdown of venues like pubs, gyms and restaurants (apart from takeaway). A total of $189 billion i...

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Mar 21, 2020
Special meeting to address COVID-19 response

Special meeting to address COVID-19 response

Gladstone Regional Council will call a special meeting next Tuesday to discuss a proposed COVID-19 support package for the Gladstone region. The proposed package would contain:  Rent relief in Council owned and leased facilities  Extension of time for Food licensing by six months  Extension of tim...

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Mar 20, 2020
Community lockdowns a new challenge for Qld miners

Community lockdowns a new challenge for Qld miners

Diatreme Resources is among the mining and exploration companies impacted by restrictions on entry to Cape York and Gulf Indigenous communities as COVID-19 measures increase. The company plans to develop a new silica mine at its Galalar project, about 200km north of Cairns, in partnership with the traditional owners, Hopevale Congress. Only last month Diatreme Resources boosted the resourc...

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Mar 20, 2020
Call for expenditure relief for explorers

Call for expenditure relief for explorers

The Association of Mining and Exploration Companies (AMEC) is calling on all State and Territory Governments to implement a moratorium on tenement rentals and associated costs for mineral exploration licences.  “The human impact of COVID 19 and the safety of those in our industry is the number one priority for AMEC and its members,” AMEC chief executive Warren Pearce said. “Each of ...

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Mar 20, 2020
BHP offers 1500 extra jobs under six-month contracts

BHP offers 1500 extra jobs under six-month contracts

BHP announced today it would hire 1500 additional people to support its workforce operating across Australia. The jobs would be offered as six-month contracts and cover a range of skills needed by BHP operations in the short term, the company said. The roles will include machinery and production operators, truck and ancillary equipment drivers, excavator operators, diesel mechanics boilerma...

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Mar 20, 2020
Banks defer repayments to help small business

Banks defer repayments to help small business

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has praised the banks, which have today announced a significant relief package for COVID-19 impacted small businesses. The Australian Banking Association says banks will defer loan repayments for small businesses affected by COVID-19 for six months  “This is a welcome initiative that will help many struggling smal...

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Mar 20, 2020
Ausmex on track with Cloncurry gold plans

Ausmex on track with Cloncurry gold plans

Ausmex has hit the home straight in its mining lease application for the Golden Mile high-grade gold projects near Cloncurry. The company said today that the application was in its final stages, with submissions from the public due by April 24. It has an agreement to process the Golden Mile ore at Round Oak Minerals’ Great Australia gold processing facility in Cloncurry. The Golde...

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