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Industry News

May 05, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates from New Century Resources, Duke Exploration, Pure Hydrogen Corporation, Coronado and more in this week’s exploration, mining and processing briefs. Strong showing for Century’s Silver King mine hope The Silver King deposit continues to shine for New Century Resources, with strong silver assays including results up to 580g/t silver. The company has now received… ...

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May 05, 2021
Tax credit scheme extended for junior explorers

Tax credit scheme extended for junior explorers

The Federal Government is coughing up $100 million to extend the Junior Minerals Exploration Incentive (JMEI) for four more years. The move is being welcomed by the Association of Mining and Exploration Companies (AMEC), with chief executive Warren Pearce describing the JMEI as a vital initiative for the exploration industry. “The continuation of this will… ...

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May 05, 2021
Coldwell adds semi-autonomous drill to fleet

Coldwell adds semi-autonomous drill to fleet

Rockhampton-based Coldwell Drilling Co recently introduced the Next Generation Cat MD6310 semi-autonomous drill into its fleet. Owner Gayle Coldwell said introducing the blasthole drill, now at work in South Walker Creek mine, showed the company was moving into the next era of advanced technology. “A large part of the Coldwell strategy is to provide customers with safe, modern… ...

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May 04, 2021
Strategic Energy Resources takes on Isa North

Strategic Energy Resources takes on Isa North

Strategic Energy Resources is acquiring the Isa North copper-gold project from Newcrest Mining. The Isa North project comprises three exploration licences covering an underexplored 976sq km belt considered highly prospective for Iron Oxide Copper-Gold (IOCG) mineralisation. “The Isa North project was identified during a broader review of the Mount Isa Mineral Province undertaken by SER…...

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May 04, 2021
The miner, the poet and the accountant

The miner, the poet and the accountant

It’s one thing to be motivated by money, another thing to be inspired by imagination. So, is QEM Limited managing director Gavin Loyden more an accountant or a poet? More Josh Frydenberg or Barry Humphries, more Cromwell or Shakespeare? QEM managing director Gavin Loyden. After all, the financier has enough experience dealing in the cold… ...

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May 04, 2021
Good start to Develin Creek drilling

Good start to Develin Creek drilling

The first drill hole in a Zenith Minerals copper push at Develin Creek has intersected massive copper–zinc and iron sulphides over a 16.5m interval. The diamond drill program is underway at the Sulphide City JORC Mineral Resource within Develin Creek, in Central Queensland. “This initial drill program at the Develin Creek project kicks off an… ...

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May 04, 2021
Export figures highlight copper surge

Export figures highlight copper surge

The critical role of copper in ‘green’ technology is behind a 62 per cent increase in exports of the in-demand commodity, according to the Queensland Resources Council. The latest trade data from the Australian Bureau of Statistics shows Australian copper ore attracting above $4.50 per kilogram for the second successive month. The QRC said this… ...

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Apr 30, 2021
Exploration boost for Northern Territory

Exploration boost for Northern Territory

The South Nicholson area in the Northern Territory is set to become one of Australia’s most exciting exploration frontiers, following the first release of data from the MinEx CRC National Drilling Initiative campaign. The preliminary data is from a 1750m deep drill hole located about 230km north-west of Mount Isa and 15km west of the… ...

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Apr 29, 2021
State launches resources development plan

State launches resources development plan

More growth, jobs and investment in Queensland’s coal, minerals and gas industries will be a key focus of an industry-wide blueprint being developed by the State Government. And it is seeking industry and community input as it draws up the plan. Speaking at the launch of the Queensland Resources Industry Development Plan (QRIDP), Resources Minister Scott… ...

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