Consolidated Tin Mines has lined up a $30 million loan to help fund the acquisition and restart of Auctus-owned operations in the Chillagoe region, west of Cairns.
The company in 2020 finalised negotiations with the administrator of the Auctus businesses to acquire 100 per cent of the shares in Auctus via a Deed of Company arrangement for $26.5 million.
The acquisition includes the Mungana ...
A start-up founded by two Sustainable Minerals Institute (SMI) research students is tapping rapidly improving satellite imaging technology to monitor the progress of mine site rehabilitation.
Envirometrics.io is one of 12 UQ start-ups recently awarded $10,000 equity-free funding through the university’s 2021 Venture ilab Accelerator Program.
Founded by Roger Tang and Imam Purwadi from SM...
The Queensland Mines Inspectorate has issued a statewide safety alert after an explosion in a truck cabin last week causing serious burns to an underground mine worker’s face, hands and chest.
The air-conditioning system was the source of the blast, which dislodged some of the cabin windows.
Investigations are ongoing, however early findings indicate that the air-conditioner was charg...
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