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Industry News

Jun 05, 2021
Resource sector engages next generation

Resource sector engages next generation

Encouraging more schoolkids, particularly girls, to study the subjects which unlock resources and energy industry careers has been the focus of a primary schools program in North Queensland. Australian Resources and Energy Group, AMMA, teamed up with local resource sector companies to deliver the Bright Future STEM program in Townsville and Charters Towers primary schools…. ...

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Jun 05, 2021
Strong growth in nation’s mining and energy sector

Strong growth in nation’s mining and energy sector

New trade data shows Australia’s resource and energy sector is continuing to perform remarkably well, building on the strong momentum that underpinned previous forecasts for a record year in exports earnings. The positive results from the Australian Bureau of Statistics’ International Trade in Goods and Services data for April this year support upside potential to… ...

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Jun 04, 2021
Explorer Castillo cashed up as copper runs hot

Explorer Castillo cashed up as copper runs hot

Castillo Copper has raised more than $11 million to fast-track development of its core copper projects at Mount Oxide in North-West Queensland and in Zambia. The company said it was well positioned after the share placement to deliver on its strategic intent to transform into a mid-tier copper group. It is about to launch a… ...

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Jun 04, 2021
Wellbeing app attuned to miners’ needs

Wellbeing app attuned to miners’ needs

A new MineWell mobile app is described as being developed by miners for miners to reduce stress and improve wellbeing. The Mineral Council of Australia launched the free app this week, saying the industry was taking action to support the mental health and resilience of its 250,000-strong workforce. MineWell is a preventative mental health and wellbeing app… ...

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Jun 03, 2021
Ready and reliable – plug for Australian mining brand

Ready and reliable – plug for Australian mining brand

The Federal Government is plugging Australia’s reputation as a reliable, responsible and ready supplier of mineral resources and energy with its new Global Resources Statement. It is the first part of a $20.1 million Global Resources Strategy, announced in the May Budget, to expand export markets and build on the strength of the nation’s resources… ...

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Jun 03, 2021
Queensland in box seat as resources demand climbs

Queensland in box seat as resources demand climbs

The commodities demand forecast in a new report meant a decade of growth for resource hubs like Townsville, Mackay, Mount Isa, Moranbah, Toowoomba, and Gladstone, the Queensland Resources Council said. QRC chief executive Ian Macfarlane said the Commodity Demand Outlook 2030 report released by the Minerals Council of Australia (MCA) showed increased demand for key… ...

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Jun 02, 2021
Issues around the lack of new copper discoveries

Issues around the lack of new copper discoveries

Blog by Frank Holmes – US Global Investors The International Energy Agency (IEA) was founded in 1974 in response to oil embargoes the previous year that caused the global price of oil to surge 300 per cent from $3 per barrel to $12 per barrel. From the start, the IEA’s mission has been to help… ...

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Jun 02, 2021
Mount Flora mine potential growing

Mount Flora mine potential growing

Mining potential at Mount Flora is continuing to grow for Duke Exploration, which has just released new assay results for the Central Queensland copper site. The latest results from resource RC drilling confirmed that the entire Mount Flora hill was mineralised, and the recently discovered Quarry lode mineral system would join up with that resource,… ...

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Jun 01, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates on QCoal, MMG, Castillo Copper, Red Fox Resources and more in this week’s exploration, mining and processing briefs. MMG launches share placement Dugald River mine operator MMG has announced a $US300 million ($AU387.5 million) new share placement to strengthen the company’s balance sheet and to step into its next phase of growth. “MMG’s strategy… ...

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