A report into legislation to address an administrative oversight affecting hundreds of mining leases has pointed to a need for greater public transparency in the Queensland system. The Transport and Resources Committee report on the Resources and Other Legislation Amendment Bill ...
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Cannindah Resources has kicked off a 1450m diamond drilling program at the Mount Cannindah copper-gold project near Monto in Central Queensland. The company reported that the program was proceeding well, averaging close to 30m per shift. It is designed to potentially extend the current JORC resource, as well as test the continuity of higher-grade copper… This content is for iQ Industry Quee...
Australia achieved record copper, gold and iron ore exports in 2020/21, according to new data released by the Australian Bureau of Statistics. Minerals Council of Australia chief executive officer Tania Constable said the figures for the full financial year showed the extraordinary magnitude and resilience of Australia’s mining exports. “The mining industry has generated a… This conte...
Major miners including BHP and Rio Tinto have joined with equipment manufacturer Komatsu to form the Komatsu Greenhouse Gas (GHG) Alliance, supporting carbon reduction targets. The alliance’s initial target is advancing Komatsu’s power agnostic truck concept for a haulage vehicle that can run on a variety of power sources including diesel electric, electric, trolley (wired),… This content i...
Nearly half of Australia’s exploration expenditure in the June 2021 quarter was focused on gold and silver, new figures show. Data released by resources analyst Austex Resource Opportunities shows national exploration expenditure in reporting ASX resource companies has risen by almost 70 per cent since the pandemic began. Of the Australian exploration expenditure in the… This content is for...
Updates on the Mahalo gas project, Duke Exploration, Metal Bank, EK Healy Cup results and more in this week’s exploration, mining and processing briefs. Comet Ridge in ‘transformational’ gas project deal Comet Ridge has entered into binding agreements to acquire Australia Pacific LNG’s 30 per cent interest in the Mahalo gas project for $20 million…. This content is for iQ Indust...
A decision in a High Court appeal backed by the Federal Government has dashed the hopes of casual miners seeking justice, according to the CFMEU. Overturning a Federal Court ruling that a casually employed mine worker was actually working on a permanent basis and entitled to back-paid leave entitlements, the High Court found his employment… This content is for iQ Industry Queensland, iQ Co...
Bowen Coking Coal is acquiring the Burton mine and New Lenton coal project in a deal to set it on the way to becoming a multi-mine coking coal producer. The company has signed a binding term sheet with New Hope Corporation to gain a 90 per cent stake in asset owner the Lenton joint venture… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Miner’s Life, iQ Rock...
Whitehaven Coal’s $1 billion Winchester South coal mine is a step closer, with the release of a draft environmental impact statement. The metallurgical coal project, 30km south-east of Moranbah, is expected to create 500 construction jobs and 500 operational jobs once approved. Resources Minister Scott Stewart said the mine would generate more than $500 million… This content is for iQ...
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