fbpx

Industry News

Jun 07, 2021
BHP invests in ‘green copper’ future

BHP invests in ‘green copper’ future

BHP’s venture capital unit is among the industry heavyweights backing a $US50 million financing round for a company boasting a breakthrough copper extraction technology. Jetti Resources said it had secured funding to support the rapid deployment of its technology in a funding round led by existing strategic investor Mitsubishi Corporation and attracting new investors including… ...

Read More
Jun 07, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates on Cannindah Resources, Red River Resources, Metro Mining, Duke Exploration and more in this week’s exploration, mining and processing briefs. Piccadilly drilling program underway Cannindah Resources kicked off drilling at its Piccadilly gold project, 60km north of Charters Towers, over the weekend. The initial program will cover about 23 locations with more than 2500m… ...

Read More
Jun 07, 2021
Mining and METS power prosperity

Mining and METS power prosperity

Australia’s world-class minerals and mining equipment, technology and services (METS) sectors are powerhouse contributors to Australia’s ongoing prosperity, according to analysis by Deloitte Access Economics. Economic Contribution of the Mining and METS sector: Australian estimates found that the sector generated $241.9 billion in value added to the national economy in 2019-20, representing approx...

Read More
Jun 07, 2021
Metal Bank eyes copper-cobalt opportunity

Metal Bank eyes copper-cobalt opportunity

Metal Bank is staking its claim in the battery metals sphere with an earn-in deal for the Millennium copper, cobalt and gold project in the Mount Isa region. The Global Energy Metals Corporation project, about 19km from the Rocklands mine site, holds an inferred 2012 JORC resource of 5.9MT at 1.08 per cent copper equivalent… ...

Read More
Jun 07, 2021
Stars align for mining development boom

Stars align for mining development boom

A conjunction of events is leading to a supercell of mining development in North-West Queensland. Queensland Resources Council economic policy director Andrew Barger said many of the boxes were ticked.  Demand for critical and new economy minerals, backed by the release of more than 160 years of geological data combined with cutting-edge research, was set… ...

Read More
Jun 07, 2021
MineX plays to a motivated industry

MineX plays to a motivated industry

MineX kicks off this week in Mount Isa on the back of a resurgent industry. Copper is leading the charge with exponential demand forecast on strengthening electric vehicles sales. It’s attracted players like Anglo American into the metals fold. Anglo has been a prominent player in the Queensland coal fields for decades and boasts two… ...

Read More
Jun 07, 2021
Capella gold project changing hands

Capella gold project changing hands

Australasian Gold is acquiring the Capella gold project in Central Queensland from Cape Coal, expanding its foothold in the Clermont goldfield. The Capella gold project is strategically located about 10km south from the company’s Mount Clermont polymetallic project. “We are pleased to have been able to increase our exposure to the highly prospective Clermont goldfield… ...

Read More
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…. ...

Read More
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… ...

Read More
Menu