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Miners Life

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
Grosvenor workers ‘seriously let down’ on safety – union

Grosvenor workers ‘seriously let down’ on safety – union

The Coal Mining Board of Inquiry’s final report paints a shocking picture of safety management at Anglo’s Grosvenor mine, the CFMEU says. CFMEU Mining and Energy Queensland president Stephen Smyth welcomed the release of the comprehensive report after an investigation sparked by an explosion at that mine last year. He said the union would review… ...

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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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Jun 14, 2021
Report highlights Grosvenor failings in lead-up to blast

Report highlights Grosvenor failings in lead-up to blast

Coal mine workers at the Grosvenor longwall panel at the centre of last year’s blast were repeatedly subjected to an unacceptable level of risk, an inquiry has found. The Moranbah operation produced coal at a rate that consistently exceeded the capacity of gas drainage measures at the longwall panel involved, the Queensland Coal Mining Board… ...

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Jun 14, 2021
Crucial coal mine safety report released

Crucial coal mine safety report released

The courage of five injured men and selfless actions of those who came to their aid have been praised in the final part of a report focused on the Grosvenor coal mine explosion in May last year. The Queensland Coal Mining Board of Inquiry provided Part II of its report to Resources Minister Scott Stewart… ...

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