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Industry News

Jul 06, 2021
Mount Carbine drilling strikes king veins

Mount Carbine drilling strikes king veins

King-Veins hit in recent drilling at Mount Carbine have been described as ‘exceeding owner’s EQ Resources’ expectations.’ EQ Resources carrying out a resource drilling program feasibility study. The company is the 100 percent owner of the Mt Carbine Tungsten Mine near Cairns, Australia’s only primary tungsten producer.  Intersections maintain projections A total 22 “Ki...

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Jul 02, 2021
Olive Downs developed as metallurgical coal prices set to rise

Olive Downs developed as metallurgical coal prices set to rise

The Federal Government’s commitment to the Olive Downs Coal Mine was timely with demand for metallurgical coal set to rise said Queensland Resources Council CEO Ian Macfarlane. The board of the Northern Australia infrastructure Fund has approved a $175 million loan to Pembroke Resources to develop the mine southeast of Moranbah in the Bowen Basin…. This content is for iQ Industry Queensland...

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Jul 01, 2021
Evolution mining evolving towards zero emissions

Evolution mining evolving towards zero emissions

Evolution Mining is making moves to reduce greenhouse gas emissions and align with the climate change goals of the Paris Agreement.  Evolution has several gold mining interests in Queensland including Mount Carlton South of Ayr, Mount Rawdon near Bundaberg and Ernest Henry north of Cloncurry.  The program includes reducing greenhouse gas emissions by 30 percent… This content is fo...

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Jul 01, 2021
Glencore pays out in Queensland

Glencore pays out in Queensland

Glencore is reporting it paid Australian governments $1.9B in the 2020 period. The figure is released in the 2020 ‘Payments to Governments’ report. The diversified minerals company paid $179.318m in taxes on income, $500.083m royalties, $28.890m in fees. Related: Anglo’s annual Australian payout more than $4000 million The Australian Tax  Office was paid more than $182m… This cont...

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Jul 01, 2021
Resources remain stalwart as lockdowns spread

Resources remain stalwart as lockdowns spread

The Queensland Resources Council (QRC) has reiterated the importance of an operational mining industry during the pandemic. It’s in the wake of the latest Resources and Energy Quarterly (REQ) update showing resources and energy exports have hit a high of $310 million. Locked down – Newmont’s Granites Mine in the Tanami Desert Newmont this week locked down… This content is for iQ...

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Jun 30, 2021
Aeon Metals ups the ante in Walford Creek production

Aeon Metals ups the ante in Walford Creek production

Aeon Metals is forecasting both a longer mine life and greater production at Walford Creek in northwest Queensland following the validation of a new processing method. The company has reported to the ASX that the revised flowsheet delivers production of premium end metal products that include LME copper cathode and zinc ingots (100% payability), battery… This content is for iQ Industry Quee...

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Jun 30, 2021
Sunshine Gold starts its RC drilling program at Ravenswood West

Sunshine Gold starts its RC drilling program at Ravenswood West

Sunshine Gold has started its first RC drilling program at the Dreghorn and Keans prospects, part of the Ravenswood West project in north Queensland.  It includes 2,500m at the 9km long Dreghorn prospect focused on the interpreted faults hosting the historic Albion, Queenslander and Sundown workings (Figure 2).  The drilling follows up on a recent… This content is for iQ Industry ...

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Jun 29, 2021
Red River Resources further proves up its Coronation prospect

Red River Resources further proves up its Coronation prospect

Red River Resources is making further inroads into exploiting reserves on its leases south of Charters Towers. The latest announcement has the company identifying four high priority targets from a survey undertaken at Coronation, about 50 kms due east of the company’s signature Thalanga operation or around 4km northwest of the Highway Reward mine. The… This content is for iQ Industry Queens...

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Jun 29, 2021
New critical minerals portal goes live 

New critical minerals portal goes live 

The Critical Minerals Mapping Initiative online portal is live. The portal has been developed in partnership with the United States and Canada. The Critical Minerals Mapping Initiative online portal contains the world’s largest dataset of critical minerals in and around ore deposits – more than 7000 mineral samples from over 60 countries. It shows the… This content is for iQ Industry ...

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