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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 11, 2021
The cup overflows with resources sector jobs

The cup overflows with resources sector jobs

The latest SEEK employment data confirms there are jobs aplenty in Queensland, particularly in the mining, resources and energy sector.  There are 1129 jobs advertised in the areas of mining, resources and energy, with 821 paying more than $100,000 per year, as of yesterday (Thu 10 Jun 21) In May, total job advertisements across all industries in Queensland were up mo...

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Jun 10, 2021
Work starts on North Queensland pumped hydro energy project

Work starts on North Queensland pumped hydro energy project

Work has officially begun on a major North Queensland energy project backed by a Northern Australia Infrastructure Facility (NAIF) loan. The Kidson pumped hydro project 270 km northwest of Townsville will deliver eight hours of energy storage daily when it starts operating from 2024.  It’ll support 500 jobs during construction and 30 ongoing jobs said… ...

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Jun 10, 2021
MATES research into how early intervention saves lives

MATES research into how early intervention saves lives

Advocacy group MATES in Construction is investing in research that will enhance opportunities for early intervention to help prevent suicide. This by determining who distressed construction workers first turn to and where they end up said Queensland and Northern Territory CEO Jorgen Gullestrup. “Every year, 190 Australians working in the construction industry take their own… ...

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Jun 10, 2021
$2b investment to power growth

$2b investment to power growth

The Palaszczuk Government will invest $2 billion into renewable energy and hydrogen jobs as part of a COVID-19 Economic Recovery Plan. The investment will provide cheaper, cleaner energy to power more jobs and more industries in Queensland. The announcement of the $2 billion ‘Queensland Renewable Energy and Hydrogen Jobs Fund’ was a watershed moment in… ...

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Jun 10, 2021
Greater expectations and opportunities in 29Metals listing

Greater expectations and opportunities in 29Metals listing

The Capricorn Copper workforce in North-West Queensland can expect increased professional opportunities and stepped up production as the mine enters a new chapter under 29Metals, according to the company head. Chief executive officer and managing director Peter Albert was commenting after the company lodged its prospectus this week for a $527.8 million IPO, with plans to list… ...

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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… ...

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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… ...

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