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Industry News

Sep 21, 2021
New Hope back in black despite New Acland woes

New Hope back in black despite New Acland woes

New Hope Group has delivered a pre-tax profit of $111 million despite the New Acland mine’s uncertain future continuing to drag down the thermal coal-focused business. Chief executive officer Reinhold Schmidt said a number of factors contributed to the result for the year to July 31, 2021, which followed a $226 million loss in the… This content is for iQ Industry Queensland, iQ Coal, ...

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Sep 21, 2021
Battery electric vehicles in gold mine trial

Battery electric vehicles in gold mine trial

Western Australian gold producer Gold Fields will work with Sandvik to trial new battery electric vehicles (BEVs) as part of a major production study to run over the next two years. Under a deal between the two companies, Gold Fields’ St Ives operation in WA’s Eastern Goldfields will become the first mine in Australia to… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo...

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Sep 21, 2021
Skills crunch threatens state’s resource sector

Skills crunch threatens state’s resource sector

A shortage of skilled workers is the No.1 threat to the future viability of Queensland’s resources sector, according to a survey of mining bosses. The latest State of the Sector report shows a combination of COVID-related border restrictions, less skilled migration and interstate competition for workers has created a perfect storm of labour shortages at… This content is for iQ Industry Quee...

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Sep 20, 2021
Sandvik tech delivers autonomous drill fleet operation

Sandvik tech delivers autonomous drill fleet operation

Sandvik Mining and Rock Solutions is enabling fully autonomous fleet operation of multiple Leopard DI650i drill rigs from a remote control room with the launch of AutoMine Surface Drilling AutoCycle. The manufacturer says AutoCycle capabilities expand the iDrill automated drilling cycle with autonomous hole-to-hole tramming, path planning, obstacle detection and geofencing. “With the growing deman...

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Sep 20, 2021
‘Outstanding’ silver results from MaCauley Creek

‘Outstanding’ silver results from MaCauley Creek

The MaCauley Creek project in North Queensland is serving up high-grade results of up to 7.04 per cent copper and 2250g/t silver for Inca Minerals. The company reported ‘outstanding’ high-grade copper and silver assay results from a 110-sample rock chip program completed recently at the project. MaCauley Creek is just south of the Mount Moss… This content is for iQ Industry Quee...

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Sep 20, 2021
First coal from Mavis Downs-Millennium

First coal from Mavis Downs-Millennium

M Mining produced its first metallurgical coal from the Mavis Downs pit in Central Queensland over the weekend as prices for the commodity soared to new heights. Matt Latimore, M Mining A joint venture of M Resources and Stanmore Resources (MetRes) acquired the mothballed Mavis Downs and Millennium site from Peabody Energy in July, with M Mining… This content is for iQ Industry Queensland, ...

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Sep 20, 2021
Financial close for FNQ green power hub

Financial close for FNQ green power hub

Renewable energy company Neoen has completed financial close for the $370 million Kaban Green Power Hub in Far North Queensland. Civil works are already underway on the project after EPC contractor Vestas was provided with notice to proceed in May. The project set to deliver more than 250 construction jobs and to generate 457 GWh… This content is for iQ Industry Queensland, iQ Coal, iQ Civi...

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Sep 20, 2021
New Hitachi heavy hitter for mining

New Hitachi heavy hitter for mining

Hitachi has unveiled a new 830-tonnes-plus backhoe excavator, the EX8000-7, for the mining industry. It is Hitachi’s largest standard backhoe excavator and promises advanced fuel optimisation technologies, state-of-the-art safety features and a focus on easy maintenance and operation. The EX8000-7 brings a 43-48 cubic metre bucket capacity, which can move 75 tonnes of dirt per… This content...

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Sep 20, 2021
Rio Tinto powers up Weipa solar capacity

Rio Tinto powers up Weipa solar capacity

Rio Tinto has approved a new solar farm and battery storage at Weipa that will more than triple the local electricity network’s solar generation capacity. EDL has been contracted to build, own and operate a 4MW solar plant and 4MW/4MWh of battery storage at Weipa. Work on the battery facilities will start this year, with… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo...

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