A $37 million Central Queensland beef processing development is a step closer after winning Northern Australia Infrastructure Facility (NAIF) backing. NAIF announced today it had achieved contractual close for a $24 million loan to Signature Onfarm. The loan will help construct a specialist beef processing plant and on-site employee accommodation near Clermont. The project is expected to...
Impact Minerals has pulled out of the Blackridge gold project north of Clermont, only a month after announcing plans for trial mining. Managing director Michael Jones said the move followed extended discussions regarding a renegotiation of the option agreement that Impact Minerals had with Rock Solid Holdings over key Mining Lease applications at the project The Board of Impact had electe...
Blair Athol mine owner TerraCom Resources has announced a $63 million restructuring plan. TerraCom is launching a fully underwritten entitlement offer to raise about $35 million. It has also entered a $28 million convertible bond with shareholder OCP Asia. “The funds raised will significantly reduce the company’s cost of debt and provide vital leverage in the final negotiation of ref...
The Stop Adani Convoy’s visit to the coalfields town of Clermont represents a stand for ‘the secure future for Australian children’, says environmental activist Bob Brown. As it prepares for the visit today, the group says right-wing activist politicians are descending on Clermont this weekend to represent the Australian minority support for Gautam Adani’s coal mine. ...
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