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Bobcat’s new R2-Series compact excavators offer enhanced performance, control and efficiency, according to the manufacturer. Bobcat said the R2-Series update did not include changes to the body framework of the machine, but instead allowed a roll out of new technologies and other advances beyond what was designed for the R-Series excavators. The updated product line promises imp...
Nearly half of Australia’s exploration expenditure in the June 2021 quarter was focused on gold and silver, new figures show. Data released by resources analyst Austex Resource Opportunities shows national exploration expenditure in reporting ASX resource companies has risen by almost 70 per cent since the pandemic began. Of the Australian exploration expenditure in the June quarter, 65 per...
Townsville City Council has rolled out a new tendering system for businesses to secure upcoming work. VendorPanel will be the platform used by external businesses to submit tenders and quotes for upcoming projects, respond to queries and provide updates to registered suppliers. Business Services and Finance Committee chairperson Margie Ryder said the change would make the tendering process ...
Earthworks are well progressed for the construction of the new Ravenshoe reservoir, with work set for completion by early 2022. The tender for earthworks and construction of the reservoir and associated infrastructure was awarded to King Concreting Queensland $2,471,063 at the end of February, and work commenced in May. Tablelands Regional Council councillor Annette Haydon said earthworks ...
EQ Resources has reported bonanza-grade tungsten ore intercepts in the final assays from a 16-hole resource drilling program at the historical Mount Carbine mine. The company described the results as potential game-changers for the proposed near-term re-opening of the old mine, 120km north-west of Cairns by sealed road. Selected high-grade intercepts are in a zone less than 40m below the f...
Metallica Minerals has executed a Memorandum of Understanding to enter a joint venture in the Clermont copper-gold project held by Diatreme Resources in Central Queensland. The deal will allow Metallica to earn up to 75 per cent of the project by way of investment of $2 million in three instalments over a period of two and a half years. “We released our corporate strategy in late 202...
– by Ross Louthean, from Diggers & Dealers 2021 Despite the insidious presence of the COVID-19 pandemic which restricted the large physical audiences in the past two years at the Diggers & Dealers Forum to West Australians only, the underlying theme was that mining for almost all commodities was strong and that exploration is producing potential new mines across Australia. Day...
Updates on the Mahalo gas project, Duke Exploration, Metal Bank, EK Healy Cup results and more in this week’s exploration, mining and processing briefs. Comet Ridge in ‘transformational’ gas project deal Comet Ridge has entered into binding agreements to acquire Australia Pacific LNG’s 30 per cent interest in the Mahalo gas project for $20 million. The terms include a ca...
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