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Industry News

Jun 16, 2021
Gladstone refinery in $1.2m hydrogen study

Gladstone refinery in $1.2m hydrogen study

Rio Tinto will look into using renewable hydrogen to power a key process at its Yarwun alumina refinery in Gladstone in a $1.2 million study. The Australian Renewable Energy Agency (ARENA) will contribute up to $579,786 towards the feasibility study. Conventional alumina refining combusts natural gas to achieve the high temperatures necessary in the calcination… ...

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Jun 16, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates on Central Petroleum, GBM Resources, Metro Mining and more in this week’s exploration, mining and processing briefs. Metro continues funding talks Cape York bauxite miner Metro Mining is continuing negotiations with lenders for a bridging loan to overcome a cash flow crisis. The company, which owns and operates the Bauxite Hills mine, initially requested… ...

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Jun 16, 2021
Thiess fleet hits haul road to lower emissions

Thiess fleet hits haul road to lower emissions

Major contractor Thiess is phasing in the use of locally sourced gas to displace diesel in large mining trucks in its Bowen Basin fleet. Thiess has teamed up with Mine Energy Solutions to introduce lower emission, dual-fuel technology in the trucks. “Partnerships like this ensure Thiess is playing a role in reducing emissions on our operations and leading the path to decarbonisation… ...

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Jun 15, 2021
Resources sector the power behind the Queensland budget

Resources sector the power behind the Queensland budget

The state government was reaping the benefits of its health-driven response to COVID-19 underpinned by the state’s $82.6 billion resources sector said Queensland Resources Council (QRC) Chief Executive Ian Macfarlane. Mr Macfarlane praised the government’s willingness to work with the resources sector to establish industry-specific COVID-19 protocols, which had s...

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Jun 15, 2021
Jobs focus in Queensland Budget

Jobs focus in Queensland Budget

A $3.34 billion Queensland Jobs Fund is among the highlights of what has been dubbed the 2021-22 Queensland COVID-19 Economic Recovery Budget. Treasurer and Minister for Investment Cameron Dick said the budget, at its core, provided fundamental lessons about a health crisis like the COVID pandemic. “It’s only because we got our health response right… ...

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Jun 15, 2021
Budget brings $42m resources and land investment

Budget brings $42m resources and land investment

More than $42 million will be invested into Queensland’s resources sector and land programs as part of the 2021-22 State Budget, the government says. Resources Minister Scott Stewart said the latest budget would allow Queensland to continue its resources led recovery through exploration grants, initiatives and mine rehabilitation programs. It will invest $15.5 million to address… ...

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Jun 15, 2021
Zinc deal boost for base metals and New Century Resources

Zinc deal boost for base metals and New Century Resources

Macquarie Bank has shown confidence in continued higher base metals prices after offering Gulf of Carpentaria miner New Century Resources a major hedge price position over three years. It includes fixed price, Australian dollar swaps for a total of 90,000t of payable zinc metal, spread in equal monthly volumes of 2,500t over three years from… ...

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Jun 15, 2021
Disappointing results from Gypsy Creek copper chase

Disappointing results from Gypsy Creek copper chase

There’ve been disappointing results from a drill campaign at the Gypsy Creek project 55km northeast of Ernest Henry Mine near Cloncurry. Red Fox Resources carried out a three hole drilling program in April and May that was funded by a Queensland Government CEI grant.  Related: Exploration grant deadline looms The company also drilled an additional… ...

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Jun 14, 2021
Resources head honoured for services to business

Resources head honoured for services to business

Longstanding Australian Resources and Energy Group – AMMA president Richard Owen has been awarded a Medal of the Order of Australia (OAM) in this year’s Queen’s Birthday Honours List for his services to business.Mr Owen had worked at ExxonMobil for more than 37 years before his retirement last year. During his career he held senior… ...

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