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Industry News

Jul 19, 2021
Altrad to acquire Valmec services group

Altrad to acquire Valmec services group

Industrial maintenance services firm Altrad Australia intends to acquire Valmec in a $52 million deal. Valmec is an Australian contractor providing design, construction, operations and maintenance services to the energy, resources and infrastructure sectors. The companies announced today that they had entered into a Scheme Implementation Deed, with Valmec Shareholders will receive A$0.413 per shar...

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Jul 19, 2021
GBM seals deal on Twin Hills gold project

GBM seals deal on Twin Hills gold project

GBM Resources is moving further towards its goal of becoming a mid-tier Australian gold company with what it describes as the transformational acquisition of the Twin Hills project in North Queensland. GBM has has signed a binding tenement sale agreement to acquire the project from a subsidiary of Pajingo mine owner Minjar Gold. “This transformational… This content is for iQ Industry ...

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Jul 17, 2021
Energy transition supercycle a bumpy ride for miners

Energy transition supercycle a bumpy ride for miners

Another commodities supercycle is on the horizon and the winners will be the industrial metals needed to electrify society, say industry analysts Wood Mackenzie. Rather than fossil fuels leading the charge, this time commodities such as cobalt, lithium, copper, nickel, and aluminium will be in the vanguard.  The Wood Mackenzie report ‘Champagne supercycle: Taking the… This content is for iQ...

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Jul 16, 2021
Greenvale Mining appoints new CEO

Greenvale Mining appoints new CEO

Geologist Matthew Healy has been named as the new chief executive officer for Greenvale Mining, effective from September 1. The company said Mr Healy’s appointment came as Greenvale continued to build its senior leadership team, ensuring that it has the appropriate skills, experience and talent in place to unlock the exciting potential of its Alpha… This content is for iQ Industry Queenslan...

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Jul 16, 2021
QRC drive to add mining might to vaccine rollout

QRC drive to add mining might to vaccine rollout

Queensland resources companies have been asked to put their hands up to help roll out COVID-19 vaccinations in regional communities once vaccine supplies increase in the coming weeks and months. The Queensland Resources Council (QRC) is working with the Queensland and Australian governments, Minerals Council of Australia (MCA) and APPEA to determine how members can… This content is for iQ I...

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Jul 15, 2021
Komatsu offers new mining loader

Komatsu offers new mining loader

Komatsu has released an upgraded version of its 11-13 cu m class mining loader, the WA900-8R. This new loader incorporates Komatsu’s SmartLoader Logic technology to provide the engine with precisely the right amount of torque for each part of the duty cycle. Komatsu national product manager Mark Summerville said this feature improved fuel economy by up… This content is for iQ Industry Queen...

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Jul 15, 2021
Applications open for $100m exploration scheme

Applications open for $100m exploration scheme

Australia’s junior mineral explorers can now apply to access exploration incentives under the $100 million extension of the Junior Minerals Exploration Incentive (JMEI). Resources Minister Keith Pitt announced the four-year extension of the incentive as part of the 2021-22 Budget and said it would help to ensure jobs for future generations of miners. The JMEI… This content is for iQ Industr...

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Jul 15, 2021
Metal Bank ready to drill at Millennium

Metal Bank ready to drill at Millennium

Metal Bank has started exploration as part of its six-month exclusive option to earn into the Millennium copper, cobalt and gold project in North West Queensland. After field reconnaissance and mapping this month, the company is progressing and finalising an RC drill program to test the northern extensions of the project. Drilling is scheduled to… This content is for iQ Industry Queensland,...

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Jul 15, 2021
Low emission focus front of mind in resources

Low emission focus front of mind in resources

The majority of Queensland resources company chief executives are investing in low emission technology (LET) research and development, a new report shows. At the same time, 72 per cent of CEOs expected the demand for the state’s resources to grow in line as the world moved towards clean energy technologies. The Queensland Resources Council’s latest… This content is for iQ Industry Que...

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