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Industry News

Jan 10, 2022
Green light for Mount Freda gold processing

Green light for Mount Freda gold processing

Tombola Gold has received its State environmental approval to construct the Mount Freda gold vat leach and carbon-in-column processing facility near Cloncurry. The gold processing plant would commence production at a rate of about 300,000 tonnes of gold mineral resource per year, the company said. The operation is expected to produce 57,300 ounces of gold… This content is for iQ Industry Qu...

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Jan 10, 2022
Bumper output as Mount Carbine ramp-up continues

Bumper output as Mount Carbine ramp-up continues

Far North Queensland’s Mount Carbine site has clocked up a bumper tungsten concentrate output as it continues upgrades, including power line works to support 24-hour ore sorting operations. EQ Resources said a successful debottlenecking strategy and investment targeting the crushing, screening and XRT sorting capacity contributed to the production of more than 40 tonnes of… This conte...

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Jan 08, 2022
UGL delivers renewables north and south

UGL delivers renewables north and south

CIMIC Group’s UGL has been awarded two significant projects in the Queensland renewables sector. It includes design and construction of two 330kV switching stations and the construction of approximately 65 kilometres of double circuit transmission line for the MacIntyre Wind Farm Precinct Connection Project for Powerlink in South West Queensland. Related: Macintyre Wind Farm The second… Thi...

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Jan 08, 2022
Bowen Basin gas development proposed

Bowen Basin gas development proposed

The State Government is looking at opening up the Bowen Basin to further gas development. It’s released the Bowen Basin Pipeline concept study, which highlights environmental and economic benefits. The pipeline could future-proof gas supply, reduce emissions and help create jobs said Resources Minister Scott Stewart. “The answer to domestic gas shortages and supporting our… This content is ...

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Jan 08, 2022
A big year for Townsville’s Ring Road project

A big year for Townsville’s Ring Road project

The 2023 finish line is in sight for the Townsville Ring Road Stage 5 project with four new bridges and overpasses taking shape. The project will duplicate the only remaining two-lane section of the road between Vickers Bridge and Shaw Road.  The $230 million upgrade project is jointly funded by the Australian and Queensland governments… This content is for iQ Industry Queensland membe...

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Jan 07, 2022
Stanmore Resources raises funds to buy the ‘B’ in BMC

Stanmore Resources raises funds to buy the ‘B’ in BMC

Stanmore Resources’ strategy for the purchase of BHP’s interest in BHP Mitsui Coal (BMC) is almost complete. Stanmore has secured US$625 million funding for the buy out. The Debt Facility is described as ‘a senior secured, first-lien amortising loan note facility which matures five years from first utilisation.’ Stanmore Resources owns and operates the Isaac… This content is for iQ Industry...

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Jan 07, 2022
Bad weather interrupts Blair Athol exports

Bad weather interrupts Blair Athol exports

Bad weather has interrupted a good run for one of the oldest coal mines in the Queensland inventory. Owner Terracom sold two shipments from Blair Athol, located near Clermont in the northern Bowen Basin, for $213/tonne in December. Bad weather hampers performance A third shipment of 79,000 tonnes scheduled for December sailed this week (Wednesday… This content is for iQ Industry Queensland ...

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Jan 07, 2022
Zenith Minerals in trading halt following drilling update

Zenith Minerals in trading halt following drilling update

Zenith Minerals has placed itself into a trading halt pending the release of an announcement. It’ll be in place until Tuesday next week if there are no updates in the meantime. Zenith is 100 per cent owner of the Develin Creek project located less than 100 km due west of Rockhampton. Prior to the announcement… This content is for iQ Industry Queensland members only.Log In Register ...

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Jan 06, 2022
Korea Zinc activates energy storage partnership

Korea Zinc activates energy storage partnership

One of Queensland’s largest energy consumers is making further moves to shed its reliance on the state electricity grid and coal-fired power. Korea Zinc, which owns the Townsville-based Sun Metals Refinery, has entered into a US$50Million partnership with Energy Vault for renewable energy storage. The company has investments in the Karara wind farm complex near… This content is for iQ Indus...

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