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Industry News

Jul 23, 2021
Rockhampton bus service changes hands

Rockhampton bus service changes hands

ComfortDelGro Corporation Australia is purchasing Rockhampton-based Young’s Bus Service, taking the company’s Queensland bus fleet to 197 vehicles. ComfortDelGro Australia chief executive officer Nicholas Yap said the acquisition was a further step in CDC’s expansion into the regional Australian bus market, complementing the portfolio of the CDC Regional Australia division – which incl...

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Jul 22, 2021
Highway upgrade crosses the finish line

Highway upgrade crosses the finish line

After 336,000 project hours worked, a major upgrade of the Capricorn Highway between Rockhampton and Gracemere is officially complete. Fulton Hogan Construction was the principal contractor for the $74.99 million project, jointly funded by the federal and State governments. Federal Member for Capricornia Michelle Landry said motorists had seen this important freight and commuter link… ...

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Jul 21, 2021
Help to bring new products to mining market

Help to bring new products to mining market

Rockhampton’s SmartHub is teaming up with the mining industry to help local businesses bring their ideas to the market. The CQ Mining Equipment, Technology and Services (METS) Accelerator Program will offer local small to medium sized businesses (SMEs) the chance to commercialise innovative solutions for the mining sector. The project is supported by the Queensland… ...

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Jul 20, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates on Aeris Resources, Macmahon Holdings, Senex Energy and more in this week’s exploration, mining and processing briefs. Aeris celebrates ‘transformational year’ Aeris Resources reports that it has achieved production and AISC (all-in sustaining cost) guidance for the financial year at its Cracow and Tritton operations. “FY21 was a transformational year for Aeris, that has…...

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Jul 19, 2021
Altrad to acquire Valmec services group

Altrad to acquire Valmec services group

Industrial maintenance services firm Altrad Australia intends to acquire Valmec in a $52 million deal. Valmec is an Australian contractor providing design, construction, operations and maintenance services to the energy, resources and infrastructure sectors. The companies announced today that they had entered into a Scheme Implementation Deed, with Valmec Shareholders will receive A$0.413 per shar...

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Jul 19, 2021
GBM seals deal on Twin Hills gold project

GBM seals deal on Twin Hills gold project

GBM Resources is moving further towards its goal of becoming a mid-tier Australian gold company with what it describes as the transformational acquisition of the Twin Hills project in North Queensland. GBM has has signed a binding tenement sale agreement to acquire the project from a subsidiary of Pajingo mine owner Minjar Gold. “This transformational… ...

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Jul 17, 2021
Energy transition supercycle a bumpy ride for miners

Energy transition supercycle a bumpy ride for miners

Another commodities supercycle is on the horizon and the winners will be the industrial metals needed to electrify society, say industry analysts Wood Mackenzie. Rather than fossil fuels leading the charge, this time commodities such as cobalt, lithium, copper, nickel, and aluminium will be in the vanguard.  The Wood Mackenzie report ‘Champagne supercycle: Taking the… ...

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Jul 17, 2021
Councils embrace Defence hub role

Councils embrace Defence hub role

Rockhampton Regional Council and Livingstone Shire Council have welcomed the State Government’s support for Central Queensland to become a bigger hub for the Defence industry. Premier Annastacia Palaszczuk announced last week that lease arrangements had been secured at Shoalwater Bay which would allow for 14,000 Singapore Armed Forces personnel to train between there and Townsville…. ...

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Jul 16, 2021
Greenvale Mining appoints new CEO

Greenvale Mining appoints new CEO

Geologist Matthew Healy has been named as the new chief executive officer for Greenvale Mining, effective from September 1. The company said Mr Healy’s appointment came as Greenvale continued to build its senior leadership team, ensuring that it has the appropriate skills, experience and talent in place to unlock the exciting potential of its Alpha… ...

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