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Industry News

Jun 04, 2021
Positive trend in Queensland exploration spend

Positive trend in Queensland exploration spend

Queensland exploration expenditure is continuing to grow significantly, setting the foundation for the next generation of projects, State Resources Minister Scott Stewart says. “This week’s Australian Bureau of Statistics data release is more good news for Queensland,” Mr Stewart said. “Investment in Queensland exploration has increased by an impressive 22.5 per cent to $705 million… ...

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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
Liebherr adds 305-tonne truck to mining line

Liebherr adds 305-tonne truck to mining line

Liebherr has launched its T 274 mining truck, a 305-tonne machine promising fast cycle times, high production rates, low fuel consumption, and a low cost per tonne. The manufacturer said the new addition to its mining product range offered a truck with the largest payload capacity in its class, moving more tonnes each hauling cycle…. ...

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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
Study backs P-CAM option for Sconi

Study backs P-CAM option for Sconi

A scoping study has backed the production of precursor cathode active material (P-CAM) products at Australian Mines’ flagship Sconi project in North Queensland. Incorporating a P-CAM facility in the Sconi processing stream would increase the capital cost estimates for the project by $104.6 million. The study showed P-CAM production could deliver a significant revenue boost… ...

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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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