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Coal

Jul 27, 2021
Green light for Isaac Downs coal mine

Green light for Isaac Downs coal mine

The State Government has granted the mining leases for the $82 million Isaac Downs coal project, clearing the last significant approval required to enable construction and operations to commence. The Stanmore Resources Board has ticked off an initial $47 million spend to establish the project and build infrastructure required to enable dragline operations to start… ...

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Jul 27, 2021
TEL takes aim at ‘virtue signalling’ banks, insurers

TEL takes aim at ‘virtue signalling’ banks, insurers

Townsville Enterprise has slammed financial institutions for ‘virtue signalling to inner city wokism’ with the positions being taken against those in the mining sector. The regional development group is among those appearing today before the Joint Standing Committee on Trade and Investment Growth for its inquiry into the prudential regulation of investment in Australia’s export i...

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Jul 27, 2021
Mining, exploration and processing briefs

Mining, exploration and processing briefs

Updates on the Eva copper project, Curragh coal operations, Big One copper exploration results and more in this week’s exploration, mining and processing briefs. Eva ‘a key component’ in copper company’s growth plans Copper Mountain Mining is continuing to advance project financing for the Eva copper project in North West Queensland and says it is… ...

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Jul 26, 2021
Japanese fossil fuel cuts no mortal wound for sector

Japanese fossil fuel cuts no mortal wound for sector

Australia’s thermal coal exports are likely to continue to grow out to 2030, despite concerns over a Japanese plan to slash the use of fossil fuels, according to Commodity Insights director Mark Gresswell. And while some parties were quick the jump on the news as another nail in the coffin for coal, Mr Gresswell said… ...

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Jul 26, 2021
Third Callide unit back online after fire

Third Callide unit back online after fire

A third generating unit has returned to service at the Callide Power Station near Biloela after a fire that sparked a massive outage throughout Queensland in May. However the unit at the heart of the incident, Unit C4, is not expected to come back online until the end of next year. Energy Minister Mick de Brenni… ...

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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 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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