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Industry News

May 31, 2021
Queensland ready for boom Mark II

Queensland ready for boom Mark II

Queensland’s experience in managing the cyclic investment phases of resources projects puts it in a good position to manage any future upswing in resources activity, according to the Queensland Resources Council (QRC). QRC Policy Director Katie-Anne Mulder said the industry is seeing ‘very bullish’ outlooks emerge for critical minerals in particular and new resource opportunities…...

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May 31, 2021
Mining part of the solution, not the problem

Mining part of the solution, not the problem

The Australasian Institute of Mining and Metallurgy (AusIMM) has been told the resource sector’s role in achieving a low-carbon future is misunderstood. Economic geologist Dr Simon Jowitt outlined the role mining would play in the transition to a low CO2 future in a recent AusIMM webinar. Dr Jowitt, from the Department of Geoscience at the… ...

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May 31, 2021
Genex Power pushing ahead at Kidston

Genex Power pushing ahead at Kidston

Work is underway to pump about 27 gigalitres of water from the former Eldridge mining pit at Kidston as Genex Power pushes ahead with construction of its $777 million hydro-electricity project. Truflo Pumping Systems has set up two diesel dewatering pumps for the job, which will pave the way to build tunnels between the Eldridge… ...

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May 31, 2021
Canadian research cracks secret of bonanza gold veins

Canadian research cracks secret of bonanza gold veins

Bonanza gold deposits form in a process similar to milk souring, according to researchers from Canada’s McGill University. McGill Department of Earth and Planetary Sciences Professor Anthony Williams-Jones  and PhD student Duncan McLeish set out to understand the rapid formation of rare hyper-enriched gold deposits. Their findings should help mineral exploration companies worldwide...

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May 28, 2021
Aeon starts exploration in new Walford Creek strategy

Aeon starts exploration in new Walford Creek strategy

Aeon Metals has started an exploration program at its flagship Walford Creek copper-cobalt project in North-West Queensland. The targeted expansion of mineral resource estimates is one of the two pillars of Aeon’s strategy to enhance Walford Creek project economics. The second focuses on processing, with the adoption of a bulk sulphide flotation and pressure oxidative… ...

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May 27, 2021
Minotaur launches IP survey at Pyramid

Minotaur launches IP survey at Pyramid

Minotaur Exploration has launched its first IP geophysical survey at the Pyramid gold project, 180km south of Townsville, after promising drill results. Sixteen lines of Induced Polarisation (IP) geophysical data will be collected along 3km of the Gettysberg Fault corridor between the Marrakesh and Pradesh prospects. It comes after recent drilling returned intercepts including 33m… ...

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May 27, 2021
Major miners commit to gender diverse leadership

Major miners commit to gender diverse leadership

Miners BHP and South32 are among the first 10 ‘trail blazer’ companies to sign up for the investor-led 40:40 Vision initiative for gender balance in leadership. Launched late last year, 40:40 Vision has enlisted companies with a market capitalisation worth collectively close to $300 billion to lead the way in improving gender diversity at the… ...

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May 27, 2021
Tough conditions cripple bauxite miner’s cash flow

Tough conditions cripple bauxite miner’s cash flow

Metro Mining shares have been in a trading halt as the company negotiates a bridging loan to help it manage a ‘cash flow shortfall’. Chairman Stephen Everett told the Metro Mining AGM that the company was continuing to contend with serious macro-economic factors as a result of the COVID pandemic. Company securities were placed in… ...

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May 26, 2021
Research funds to fight lung dust diseases

Research funds to fight lung dust diseases

The State Government will invest $5 million over four years on research into occupational dust lung diseases, including silicosis and coal workers’ pneumoconiosis (black lung). Expressions of interest for the medical research work are now open at QTenders, closing June 14, with successful applicants announced by August.   Industrial Relations Minister Grace Grace said occupational dust… ...

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