Jan 22, 2021

Premier pushes ahead with work camp quarantine options

Toowoomba and Gladstone have been confirmed as potential hubs for returning travellers in the COVID-19 quarantine options Premier Annastacia Palaszczuk will lay on the table. Ms Palaszczuk raised the issue of turning regional work camps to the quarantine task at National Cabinet today and said details would be going formally to Prime Minister Scott Morrison. “You have to remember there are a lot of Australians that are currently stranded overseas, a lot of families want their loved ones home, and we’ve got to put options on the table,” s...

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Jan 22, 2021

Dugald River goes from strength to strength

Dugald River zinc mine has ended 2020 on a high note for production, while significantly lifting estimates of the amount of zinc the orebody holds for future mining. MMG reported record quarterly zinc production of 52,446 tonnes at the North West Queensland site for the last three months of 2020. This was a 14 per cent increase on the previous quarter and took production for the full year ...

Jan 21, 2021

Tartana in deal to add Newcrest project to its assets

Tartana Resources is snapping up a raft of Newcrest Mining tenements as it builds its presence in the Chillagoe area. The company, which is working towards a restart of the former Tartana copper sulphate plant, has negotiated a sale and purchase agreement with Newcrest for the Bulimba project. Tartana says the EPMS cover more than 1250sq km and would place it as one of the more significant ...

Jan 21, 2021

Citigold has a good morning on the ASX

Citigold Corporation’s share price has hit a five-month high. The junior miner, which has Charters Towers-based gold assets, opened yesterday at 0.014AUD and rose to 0.019AUD before closing at 0.017AUD. The highest the stock has been in 12 months is 0.020AUD. New potential for Charters Towers The company recently announced a 27 per cent increase in inferred mineral resourc...

Jan 21, 2021

South32 turns its back on Eagle Downs coal project

South32 has decided against going ahead with further development of the Eagle Downs metallurgical coal project near Moranbah. The announcement follows completion of a feasibility study on the project last quarter. “While the study indicated the potential for a long-life operation, the expected returns do not currently support the allocation of capital in accordance with our capital m...

Jan 21, 2021

Zenith drilling delivers gold results at Red Mountain

Validation of Zenith Mineral’s Red Mountain deposit in Central Queensland is progressing. So is its share price, which showed a 16 per cent increase yesterday to close at 0.14AUD. Zenith has been conducting step-out drilling in an effort to assess the potential for its gold resource located near Aeris Resource’s Cracow Mine. Diamond core drilling results from the most recent tw...

Jan 21, 2021

New Century approach shaves cost off rehab dues

The Queensland Government has agreed to a $14.1 million reduction in the Estimated Rehabilitation Cost (ERC) associated with the Century mining operations in the lower Gulf. Project owner New Century Resources has welcomed the move as recognition of its economic rehabilitation model at the site, where it is reprocessing tailings from previous operations. It said the cut took the ERC to a to...

Jan 21, 2021

Finalists revealed in 2021 Resources Awards for Women

The Queensland Resources Council (QRC) and Women in Mining and Resources Queensland (WIMARQ) have announced the state finalists for the 2021 Resources Awards for Women. Glencore’s Mount Isa-based general manager for health, safety, environment and community Maryann Wipaki (main picture) is in the running for the Exceptional Woman in Queensland Resources ...

Jan 20, 2021

PM backs CopperString with $11m commitment

The Federal Government has pledged up to $11 million to help progress the $1.7 billion CopperString 2.0 project to final investment decision in 2021. Prime Minister Scott Morrison said the support for CopperString was an investment in the future of Queensland that would bring power prices down, create 750 direct construction jobs and unlock the significant economic potential of the North Wes...