Projects

NQ Minerals signs deal to buy historic Beaconsfield Gold Mine in Tasmania

Base and precious metals producer, NQ Minerals plc (NQ), has signed a staged acquisition agreement totalling A$2 million to purchase a 100 per cent interest in the historic high-grade Beaconsfield Gold Mine. Located 200 kilometres from NQ’s current Hellyer base and precious metals operations, Beaconsfield is historically one of the richest gold mines in Tasmania. Past gold production totalled nearly 2 million ounces from 1887 to 2012 at an average of nearly 15 grams per tonne (g/t). The assets to be purchased by NQ include a 350,000 tonne per annum (tpa) processing plant, tailings dams, associated inf... more

BHP mine sets world record for largest electronic blast

BHP Mitsubishi Alliance’s (BMA) Caval Ridge Mine in Queensland's Bowen Basin now holds the title of the world’s largest electronic blast. The blast, which occurred in December 2019, saw 4.7 million cubic metres of overburden shifted in a blast fired with 2,194 tonnes of bulk explosives across 3,899 holes. Caval Ridge Drill and Blast Superintendent, Dallas Gostelow, detailed that the blast was loaded over 14 days and involved engineers, schedulers and the E and F Blast crews. It also required a combination of four related blast patterns, using 8,144 detonators – a number which the miner had never set ... more

First saleable concentrate produced at OZ Minerals’ Carrapateena mine

First ‘saleable copper-gold concentrate’ has been produced into the pre-filter press feed tank at Carrapateena - OZ Minerals’ new underground copper mine in South Australia which is located approximately 160 kilometres north of Port Augusta. OZ Minerals said the achievement of the concentrate production milestone (which was announced on 20 December 2019) met the schedule mapped out on Board approval of the project in August 2017. The pre-production capital cost at first saleable concentrate is approximately $970 million with 2019 growth capital spend on track for guidance of $540 million to $570 mill... more

Rio Tinto’s Western Turner Syncline iron ore project approved

On Monday 23 December 2019, Acting WA Premier Roger Cook announced the Western Australian Government had officially approved Rio Tinto’s Western Turner Syncline Phase 2 proposal. The new phase of the Western Turner mine, located approximately 35 kilometres north-west of Tom Price, will enable Rio Tinto to sustain approved production of 30 million tonnes a year. Construction work includes a new crusher and a 13-kilometre long overland conveyor to transport crushed ore to existing transfer infrastructure. The $1 billion project is expected to generate more than 1,000 construction jobs, with the extensio... more

BP and Chevron to fund new exploration initiatives in South Australia

BP and Chevron have committed to investing a total of $116.5 million in oil and gas exploration activities, with at least half directed to projects in South Australia with a view to increasing energy supplies in the state and south-eastern Australia. BP and Chevron ceased their programs of exploration in the Great Australian Bight in 2017 and 2018 respectively. The commitments were announced following the conclusion of Good Standing Agreement negotiations with both parties after their decisions to cease petroleum exploration in the Great Australian Bight. Minister for Resources and Northern Australia Ma... more

Atlas Gas Pipeline commences operations

Commercial operations have commenced on the $140 million Atlas Gas Pipeline, which will transport gas from Senex Energy’s Atlas gas acreage - located near Wandoan in south-west Queensland - to the east-coast gas market via the Wallumbilla Gas Hub. In June 2018, energy infrastructure company, Jemena, signed an agreement with Senex Energy to build, own, and operate a 15 petajoule per annum (40 TJ/day) gas processing facility and 60km buried pipeline (Atlas Gas Pipeline) in order to fast-track new gas supply to the domestic market. Jemena’s Managing Director, Frank Tudor, said the Senex-Jemena partnership... more

Construction contract awarded for gas terminal

Australian Industrial Energy (AIE) has announced another important milestone in the development of its Port Kembla Gas Terminal (PKGT) with the award of the key wharf facility and pipeline construction contract for the LNG import facility. New South Wales currently imports over 95 per cent of its domestic gas from other states. This means that local industries, business and households can be impacted by supply or price shifts occurring in other states. AIE states that LNG will be sourced from international suppliers and transported by LNG carriers to Port Kembla, where it will be transferred to a floating,... more

Tanami Natural Gas Pipeline opens to power gold mine

The 440-kilometre Tanami Natural Gas Pipeline, which will transport gas to Newmont Mining’s Granites gold mine, located approximately 540 kilometres north-west of Alice Springs in the Tanami Desert, has been completed. The pipeline is part of Newmont’s $346 million Tanami power project which is expected to provide the mine with a safe and reliable energy source that lowers power costs and carbon emissions by 20 per cent. The power project involved the installation of two power stations, a 66 kilovolt interconnected power line and the approval to operate the natural gas pipeline. Historically, mining op... more

ARENA announces funding for Australian Hydrogen Centre

Adelaide-based Australian Gas Networks Limited (AGN) has been awarded $1.28 million in funding from the Federal Government’s Australian Renewable Energy Agency (ARENA) to establish the Australian Hydrogen Centre, which will investigate blending hydrogen into natural gas pipelines in South Australia and Victoria. The project will undertake feasibility studies and share knowledge focused on the integration of hydrogen into existing gas networks. As part of the project, the Australian Hydrogen Centre will explore the feasibility of blending 10 per cent hydrogen into the existing natural gas networks in regi... more

Queensland’s first community-scale battery to soon connect to the grid

Queensland’s first community-scale battery is a step closer to reality, with the arrival of the main battery unit and kiosk occurring today in Townsville. Once it is connected to the grid next month, the battery will power up at Bohle Plains on Townsville’s northern outskirts and provide valuable back-up power supply to the local community. Member for Thuringowa, Aaron Harper, said the 4MW/8MWh Tesla battery would be charged up on excess solar power fed into the electricity grid during the day and would be used to help out during evening peak demand and temporary disruptions, including summer storms. ... more

New large scale energy-from-waste plant to be built in WA

In late December 2019 it was announced that, through the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC), the Federal Government has committed up to $75.5 million in funding to support Australia's second large-scale energy-from-waste (EfW) plant. The $511 million plant, to be located in the Rockingham Industrial Zone in Western Australia, will help tackle Australia’s rising waste management problem by diverting waste from landfill. It will also generate renewable baseload energy to support WA’s electricity network. When complete, the East Rockingham Resourc... more

Australia’s largest hybrid renewable microgrid project powers up

Global producer of distributed energy, EDL, has switched on its 23-Megawatt (MW) power station that integrates photovoltaic solar with gas and diesel generation to power Gold Fields’ Agnew Gold Mine in Western Australia, completing the first stage of one of Australia’s largest hybrid renewable microgrid projects. Today, EDL CEO, James Harman, and Gold Fields Executive Vice President: Australasia, Stuart Mathews, joined Western Australian Mines and Petroleum and Energy Minister, Bill Johnston, on-site to officially open Stage 1 of the project. Mr Harman said EDL and Gold Fields are leading the way towar... more

Lynas Corporation sets sights on Kalgoorlie for new rare earth processing plant

Lynas Corporation Limited (Lynas) has selected Kalgoorlie, Western Australia, as the location for its new cracking and leaching plant - a decision that is set to create new jobs and is the first step in establishing a critical minerals hub in the Goldfields region. Kalgoorlie was selected from the two shortlisted locations in the Goldfields region following extensive due diligence from Lynas. The company detailed that Kalgoorlie provides close proximity to the Lynas mine at Mt Weld as well as a skilled workforce and rich history in the mining and processing industries. Lynas has signed an option to subleas... more

Innovative Mackay resources building now one step closer

Mackay construction company, Fergus Builders, has secured the contract to build the $7 million Resources Centre of Excellence – a world-class engineering, industrial and technology hub in Queensland. The Mackay-Isaac-Whitsunday region is home to 34 operating coal mines and the region is one of the largest Mining Equipment, Technology and Services (METS) hubs in Australia. The Resources Centre of Excellence, a joint Queensland Government and Mackay Regional Council project, will be an important nexus between research, education and the resources industry. Its objective is to leverage existing local expert... more

ARENA approves funding for groundbreaking hydrogen production facility in WA

The Australian Renewable Energy Agency (ARENA) has approved up to $9.41 million in funding to Hazer Group Limited to support the construction and operation of the Hazer Process Commercial Demonstration Project (HPCDP) in Western Australia. With an estimated capital cost of $15.8 million, the HPCDP is a 100 tonne per annum low emission hydrogen production facility that will be the first large scale, fully integrated deployment of the Hazer Process. This process is an innovative technology which converts bio-methane to renewable hydrogen and graphite using iron ore as a process catalyst. Hazer plans to sell ... more

$90M power plant overhaul to generate jobs

More than 400 jobs and a boost to the local economy will be an added bonus to a $90 million overhaul of the largest generating unit in Australia at CS Energy’s Kogan Creek Power Station. Located near Chinchilla in South West Queensland, the Kogan Creek Power Station is one of Australia’s most efficient and technically advanced coal-fired power stations. Commissioned in 2007, the 750 MW power station can generate enough electricity to power up to one million homes. Kogan Creek’s last major overhaul was carried out in 2016. This overhaul includes a range of inspections, maintenance and upgrades o... more

AngloGold Ashanti agrees to sell South African assets

AngloGold Ashanti has reached an agreement to sell its remaining South African producing assets and related liabilities to Harmony Gold Mining Company Limited. Consideration for the transaction is in cash and deferred payments with expected proceeds of around $300 million, subject to subsequent performance, and with additional proceeds if the West Wits assets are developed below current infrastructure. AngloGold Ashanti announced in May 2019 that it was undertaking a process to review sale options for the portfolio of assets, principally comprising the Mponeng underground mine, where further capital, neces... more

Rio Tinto to review future of smelter in Iceland

Rio Tinto has announced the company will conduct a strategic review of the ISAL smelter in Iceland, to determine the operation’s ongoing viability and explore options to improve its competitive position. ISAL is expected to remain unprofitable in the short to medium term in the challenging conditions facing the aluminium industry, due to the smelter’s uncompetitive energy costs and historically low aluminium prices. Rio Tinto will continue discussions with the Government of Iceland and power provider Landsvirkjun on how the smelter can return to profitability and become competitive in the global market... more

Glencore lands five-year deal to supply cobalt hydroxide

Glencore has signed a five-year agreement for the supply of cobalt hydroxide for use in lithium-ion batteries. Under the terms of the new supply contract, Glencore will provide up to 21,000 tonnes of cobalt contained in cobalt hydroxide between 2020 and 2024 to Samsung SDI . Glencore produced 42.2 kilotonnes of cobalt in 2018, mainly as a by-product of copper mining. The cobalt will be sourced from Glencore's Katanga and Mutanda operations which are located in the Democratic Republic of the Congo (DRC). Glencore and Samsung SDI state that they are committed to ensuring the ethical and responsible prod... more

Rio Tinto to curtail operations at Richards Bay Minerals

Rio Tinto has decided to curtail operations at Richards Bay Minerals (RBM) in South Africa to ensure the safety and security of its employees due to an escalation in violence in the communities surrounding the operations. RBM is South Africa’s largest mineral sands producer and beneficiation company. It produces predominantly rutile, zircon, titania slag and high purity iron. Rio Tinto noted that there has been an escalation of criminal activity towards RBM employees and one was shot and seriously injured in the last few days. As a result, all mining operations at RBM have been halted and the smelters... more