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Industry News

May 23, 2021
Mackay company refocus on manufacturing

Mackay company refocus on manufacturing

Partner provided content M&P Services (Qld) Pty Ltd has announced plans to cease its general transport operations and place all their focus on the Transportable Building (Manufacture, Hire & Sales) division.  With revenue in the transportable building division representing more than 80 per cent of the company turnover, it is no surprise that this would… This content is for iQ I...

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May 21, 2021
BHP opts into $22m farm-in for NT copper project

BHP opts into $22m farm-in for NT copper project

BHP is pushing ahead with a $22 million farm-in agreement for Encounter Resources’ 4500sq km Elliott copper project in the Northern Territory. Encounter managing director Will Robinson said the outcomes of a jointly designed validation program at Elliott had bolstered the potential for the discovery of large sedimentary-hosted copper deposits under shallow cover. “Copper sourced… This...

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May 21, 2021
New owners reveal Millennium restart plans

New owners reveal Millennium restart plans

New owners have enlisted Coal Augering Services to kick off coal production at the Mavis Downs and Millennium site, due to recommence operations in July. A joint venture of M Resources and Stanmore Coal (now known as Stanmore Resources) have an agreement to acquire the mothballed assets from Peabody Energy for an upfront payment of… This content is for iQ Industry Queensland, iQ Coal, iQ Ci...

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May 20, 2021
Greater Duchess drilling starts after strong survey results

Greater Duchess drilling starts after strong survey results

Carnaby Resources has kicked off a 4000m RC drilling program targeting the Mount Birnie and Nil Desperandum prospects and other key copper targets within its Greater Duchess project in North-West Queensland . Managing director Rob Watkins said it followed an extensive Induced Polarisation (IP) geophysical survey, generating numerous chargeability anomalies of high potential. “We are… ...

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May 20, 2021
Input invited on resources industry plan

Input invited on resources industry plan

Submissions have opened for the Queensland Resources Industry Development Plan. Resources Minister Scott Stewart said the plan centred on working with industry, the regions and communities to set a shared vision for the future of the sector. “It’s important communities, businesses and stakeholders can have their input into the plan,” he said. Resources Minister Scott… This content is for iQ...

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May 19, 2021
Strong Asian demand powers Galalar deals

Strong Asian demand powers Galalar deals

Diatreme Resources says a new offtake agreement from its Galalar silica project highlights Asian demand for its premium‐quality silica product as solar energy goes from strength to strength. The MOU with Jiangxi Kangjia New Material Technology Co covers supply of 250,000 tpa of photovoltaic-grade product from the Cape York project at mine start‐up. It follows… This content is for iQ Industr...

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May 19, 2021
Mount Chalmers yields bonanza grades for new owner

Mount Chalmers yields bonanza grades for new owner

QMines’ maiden diamond drilling program at the former Mount Chalmers mine near Rockhampton has produced ‘outstanding’ high-grade copper and gold results. The recent program delivered bonanza grades including 13.4 per cent copper, 6.11g/t gold and 31g/t silver in a 0.75m intersection from 132.6m downhole, the company said. “Some outstanding results from our maiden diamond drilling...

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May 19, 2021
Alliance spinning the bit again at Hamilton

Alliance spinning the bit again at Hamilton

AusQuest in alliance with Cannington mine owner South32 has started drilling at the Hamilton copper project in North-West Queensland. They are targeting copper-gold mineralisation similar to the deposit supporting the Ernest Henry mining operation near Cloncurry. The overall program will comprise four diamond drill-holes for about 2000m, with three holes designed to test discrete magnetic/gravity&...

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May 18, 2021
Report underlines mining contribution

Report underlines mining contribution

Australia’s mining industry forked out record taxes and royalties in 2019-20, even as the COVID-19 pandemic started to push the economy into recession, the Minerals Council of Australia says. The record payments to government are highlighted in the latest Deloitte Access Economics report commissioned by the MCA. It estimates the minerals sector paid $24.1 billion in company… This content is...

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