Industry News

Jun 19, 2020
Gold sector must invest $54b  to maintain output

Gold sector must invest $54b to maintain output

The gold industry will need to commission 8Moz (262t) of projects globally by 2025 to maintain 2019 levels of production, consultancy Wood Mackenzie says. Based on the average project capital intensity of $4,610/ozpa Au, Wood Mackenzie estimates the industry must invest about $54 billion ($US37 billion) on greenfield projects and restarts over the next five years. “If all our probable proje...

Read More
Jun 18, 2020
New Hope rejects unlawful mining allegation

New Hope rejects unlawful mining allegation

New Hope Group has vehemently rejected suggestions it is unlawfully mining at Acland, after allegations the company had taken $500 million of coal in an area for which it never applied. ABC news reported that opponents had raised concerns that the West Pit area being mined at New Acland was outside the mine footprint the company applied for as part of its stage two project approval from the St...

Read More
Jun 18, 2020
Heavy-hitting project list for online industry forum

Heavy-hitting project list for online industry forum

Supply opportunities for a $15 billion-plus list of Queensland projects will be highlighted in a Resource Industry Media event in August. The online Connecting Industry Conference is designed to assist the resource and construction sector on the latest project information while social distancing restrictions are in place. The projects presenting include: Inland Rail Project (Qld/NSW bor...

Read More
Jun 18, 2020
Cave blast probe begins

Cave blast probe begins

The Northern Australia Committee has commenced an inquiry into miner Rio Tinto’s destruction of the Indigenous heritage sites at Juukan Gorge in Western Australia. The inquiry will examine how the destruction of the caves came about; the processes that failed to protect the site; the impacts on traditional owners; and the legislative changes required to prevent such incidents from recurring. ...

Read More
Jun 18, 2020
Mine site rehabilitation reforms hit Parliament

Mine site rehabilitation reforms hit Parliament

Legislation introduced into Parliament today brings a new suite of Queensland mine rehabilitation regulations and establishment of an independent statutory position of Rehabilitation Commissioner. Environment Minister Leeanne Enoch said the Environmental Protection and Other Legislation Amendment Bill 2020 (EPOLA Bill) was the next step in the government’s plan to improve mine r...

Read More
Jun 18, 2020
Infrastructure blueprint out for public comment

Infrastructure blueprint out for public comment

Isaac Regional Council is seeking input on a draft infrastructure blueprint to underpin the region’s future development. Mayor Anne Baker said the purpose of the Isaac Local Government Infrastructure Plan was to identify critical trunk infrastructure across the transport, water supply, parks and sewerage networks.  “Its aim is to improve the way infrastructure planning is coordinated and de...

Read More
Jun 18, 2020
Armour sells stake in CSG block for $4m

Armour sells stake in CSG block for $4m

Armour Energy is selling its stake in Surat Basin’s Murrungama block to Australia Pacific LNG for a total of $4 million.  The coal seam gas exploration tenure is located 22km south-west of Chinchilla and adjoins APLNG’s Talinga Project Armour and APLNG were awarded authority to prospect on the ground in July 2019 by the State Government after a successful joint tender bid.  They w...

Read More
Jun 17, 2020
High-riding Hino with increased power

High-riding Hino with increased power

The new Hino 500 Series GT 1528 promises better power and torque, higher axle capacities, larger GVM and an increased payload. The new model features standard fitment of the Allison 2500 Series true automatic transmission. “Given the challenging conditions in which the GT 4×4 operates, the Allison automatic allows the driver to concentrate on safely traversing the terrain without the n...

Read More
Jun 17, 2020
Sandvik launches new rotary blasthole drill

Sandvik launches new rotary blasthole drill

Sandvik Mining and Rock Technology has launched its new DR410i rotary blasthole drill. The manufacturer describes Sandvik DR410i as automation-ready, saying it can be equipped with the AutoMine module to provide functionality for on-board and off-board automated needs. It boasts ‘unmatched productivity and return on investment’ for 152-251mm rotary and DTH holes, with a standard...

Read More
Menu