Stories

Mar 11, 2020
Carnaby keen on 2020 start for Tick Hill gold production

Carnaby keen on 2020 start for Tick Hill gold production

Carnaby Resources is keen to push ahead with its Tick Hill project after positive scoping study results amid record gold prices. It says talks are underway with third parties for toll treatment options and contract miners regarding a potential joint venture. The company is targeting first gold production by the end of this year from the site, located about 110km south-east of Mount Isa. ...

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Mar 11, 2020
Liontown resource boost as mine plan advances

Liontown resource boost as mine plan advances

‘Outstanding’ new drill results have backed Red River Resources’ plans to bring the gold-rich Liontown project online, with mine development flagged as early as 2021. The company today updated the mineral resource estimate for Liontown, more than doubling estimates for contained copper and gold. The deposit is part of Red River’s Thalanga operations in North Queensland a...

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Mar 11, 2020
Gas to flow to industry in 2021 from Chinchilla project

Gas to flow to industry in 2021 from Chinchilla project

Australia’s first gas earmarked to fuel local manufacturing jobs is expected to be flowing in Queensland next year through a partnership of Australian Pacific LNG and Armour Energy. The joint venture partners have been granted a petroleum production lease 22km south-west of Chinchilla. APLNG’s Warwick King said development activity would commence within 12 months, with first gas produc...

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Mar 11, 2020
Townsville leads the way in rare earths project

Townsville leads the way in rare earths project

Townsville-based academics will lead a research project on Australia’s endowment of rare earth elements. The Federal Government is providing $573,068 for the work, which will see James Cook University academics lead a team of experts from local and international universities and organisations, like Geoscience Australia and Northern Minerals. “Rare earth elements are growing in importance beca...

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Mar 10, 2020
Clean TeQ progresses recycling plant work

Clean TeQ progresses recycling plant work

Clean TeQ says it is advancing an initial scope of work worth $920,000 for detailed design and procurement of longlead items for a Townsville water recycling plant. Clean TeQ Water has been named as the preferred contractor to deliver a recycled water re-use plant at the Cleveland Bay Purification Plant in Townsville. However final award of an EPC ( engineering, procurement and construction...

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Mar 10, 2020
New chief executive officer takes helm at Yancoal

New chief executive officer takes helm at Yancoal

Yancoal has replaced its chief executive officer amid national media reports that Chinese shareholders were unhappy about the performance of subsidiary Watagan Mining. David Moult has been appointed to the role after Reinhold Schmidt resigned from March 8 to ‘pursue new career opportunities’. In an announcement on Monday, Yancoal noted Mr Schmidt’s invaluable contribut...

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Mar 10, 2020
Perth Mint’s assets top $5B

Perth Mint’s assets top $5B

Each cloud has a silver lining and it seems that goes for Coronavirus, or COVID-19. For the first time the value of Perth Mint’s gold, silver and platinum holdings stored on behalf of clients around the world has topped $5 billion. This milestone has been achieved during a period of global upheaval, with sharemarket routs resulting from the COVID-19 outbreak triggering a flight to saf...

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Mar 10, 2020
Cash injection for NQ gold projects

Cash injection for NQ gold projects

Great Northern Mining is moving to raise about $2.25 million to advance its North Queensland gold projects. The company is undertaking a two-tranche share placement and a rights issue to raise the capital. It says it is funded to continue drilling at the Camel Creek, Golden Cup and Big Rush projects – with the work expected to begin next month (weather permitting). Great Northern h...

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Mar 10, 2020
Tower of power launches four new Volvo trucks

Tower of power launches four new Volvo trucks

Volvo Trucks has launched four new trucks, releasing a promo film that features the heavy-duty vehicles stacked in a tower with company president Roger Alm riding on top. The truck tower stood at 15m tall and weighed 58 tonnes, and most of the commercial’s effects, including the boss on top, were real. “We are really proud of this big forward-looking investment. Our aim is to be our cus...

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Mar 10, 2020
South32 extends backing for exploration partnership

South32 extends backing for exploration partnership

AusQuest and South32 are extending an alliance to continue developing high-potential exploration opportunities, including the Hamilton project in North West Queensland. The companies initially entered their Strategic Alliance Agreement (SAA) in February 2017 and AusQuest announced today that it was set to be extended to December 2021. Chief targets are copper, zinc and nickel projects in Au...

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Mar 09, 2020
Mine manslaughter charges miss the mark

Mine manslaughter charges miss the mark

The Mine Managers’ Association of Australia (MMAA) says it has never seen an issue elicit such ‘angst and ire’ among members as the Mineral and Energy Resources and Other Legislation Amendment Bill 2020. The association’s objections to the Bill are outlined in a submission to the committee recommending industrial manslaughter charges for executives in charge of mines wh...

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Mar 09, 2020
Another step towards Rocky weir

Another step towards Rocky weir

Ground is being broken on the next stage of the $352 million Rookwood Weir project. Local workers from Civil Mining and Construction have started on the $2.2 million-dollar Capricorn Highway intersection upgrade at Gogango, said Natural Resources Minister Dr Anthony Lynham. “That’s 15 more CQ people who are part of a region-building project,” he said. The Gogango project will upgra...

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Mar 09, 2020
Australian Mines offers a taste to potential partners

Australian Mines offers a taste to potential partners

Australian Mines is demonstrating its capacity to supply battery grade nickel sulphate and cobalt sulphate crystals to potential off-take partners. The Company has commenced a series of production runs at its demonstration plant in Perth as an effort to secure funding to develop the project. It follows a major setback late last year when an agreement to supply cobalt and nickel to South K...

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Mar 09, 2020
Agripower takes next step in $663m fertiliser project

Agripower takes next step in $663m fertiliser project

A raft of contracts is set to be awarded by mid-April for Agripower Australia Limited’s $663 million Fertiliser Expansion Project. Agripower director Peter Prentice said many consultants would be coming on board for tasks including environmental work, design, drilling for geotechnical studies, plant site selection, and calculating project requirements in areas including rail construction. ...

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Mar 09, 2020
Forecasts for another copper epoch in Queensland

Forecasts for another copper epoch in Queensland

Queensland’s probably got a lot more of it and doesn’t know it. Copper that is. That comes from one of the state’s premier earth scientists whose last corporate role was Newcrest Mining Executive General Manager Exploration. Adjunct Professor Dan Wood is now passing on his experience at the University of Queensland. The next copper find may not be far away, but it’s likely...

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Mar 08, 2020
Supply opportunities in local government

Supply opportunities in local government

From waste collection to water meter replacement, road work to residential land sales and more, below is a list of current council tenders in regional Queensland. Closing on Description Issued By Mon, 09 March 2020 2:00 PM CHRC009639: 2020T072N – Capella Bridgeman Park Electrical Upgrade  Central Highlands Regional Council Mon, 09 March 2020...

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Mar 07, 2020
Hail Creek workers cleared of coronavirus

Hail Creek workers cleared of coronavirus

Two Hail Creek mine workers isolated with flu-like symptoms have tested negative for COVID-19. On 6 March, the two people were tested for coronavirus (COVID-19) and isolated as a precautionary measure at the Bowen Basin coal operation. “This afternoon the treating medical practitioner has advised that both tests have returned negative for COVID-19,” mine owner Glencore said ...

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Mar 07, 2020
Superior outlook for Nicholson base metal project

Superior outlook for Nicholson base metal project

Superior Resources has upgraded the base metals potential for its Nicholson project in North West Queensland after recent drilling results and a data review. The Stage 1 drilling program under a joint venture with South32 targeted eight large geophysical conductivity anomalies believed to signal potential McArthur River-style base metal deposits. Diamond drilling was carried out at three of...

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