Projects

Proposed acquisition of Queensland gold projects

HIPO Resources Limited has entered into an exclusive, binding option agreement which can earn the company an initial 30 per cent interest (moving to 50 per cent then 70 per cent) in Zamia Resources Pty Ltd, a wholly-owned subsidiary of Zamia Metals Limited which owns four exploration licences in the Central Queensland goldfields. The licences cover ~115km2 and house two open pit historical gold mines, the Belyando and Lucky Break Mines as well as multiple unexplored targets. The project is strategically located within the Drummond Basin that has >6.5moz gold endowment and a long history of ongoing mining. ... more

NQ Minerals acquires the Beaconsfield Gold Mine

NQ Minerals Plc has signed all agreements and made all payments to purchase and take immediate possession of the high-grade and historic Beaconsfield Gold Mine in Tasmania, Australia. The Beaconsfield Gold Mine has historic recorded production of c.1.8 million ounces of gold averaging c.15 grams per tonne (c.½ ounce per tonne) and was closed in 2012 due to the low gold price at that time. The gold price has since increased by over 100 per cent and the Company plans to re-open the mine as soon as practicably possible. NQ plans to recommission the gold processing plant, which is currently under care and mai... more

Lithium project mine life doubles with increased resources

Twin studies by advanced Australian lithium developer Core Lithium have shown a 159 per cent increase in ore reserves at its wholly-owned Finniss Project – doubling the projected Life of Mine (LOM) through underground mining at its BP33 and Carlton deposits alongside open pit mining at its Grants deposit. Finniss’ total ore reserves now stand at 5.7 million tonnes, supporting a 7-year LOM, with the prospect of achieving closer to a 10-year mine life when considering the project’s potential resource inventory. Previous studies had confirmed at least 3-5 years of lithium concentrate extraction from open p... more

First gold production from Boorara on track for July

Horizon Minerals Limited  has provided an update on mining and ore haulage from the first stage of its Boorara Gold Mine, located 10 kilometres east of Kalgoorlie-Boulder in the Western Australian goldfields. Boorara Stage 1 comprises free milling oxide and transitional material with grade control drilling completed in the north and in the central areas. Mining comprises three starter pits: Regal East, Regal West and Crown Jewel. Mining recommenced at Boorara in early May 2020, with first ore mining occurring shortly thereafter from the Regal East pit. Both Regal east and west pits will be mined concurren... more

Equinor plans to build world-leading clean hydrogen plant in the UK

Norwegian-based international energy company, Equinor, is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial cluster in the Humber region, the UK’s largest by emissions. H2H Saltend supports the UK government’s aim to establish at least one low carbon industrial cluster by 2030 and the world’s first net-zero cluster by 2040. It also paves the way f... 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

Equinor plans to build world-leading clean hydrogen plant in the UK

Norwegian-based international energy company, Equinor, is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial cluster in the Humber region, the UK’s largest by emissions. H2H Saltend supports the UK government’s aim to establish at least one low carbon industrial cluster by 2030 and the world’s first net-zero cluster by 2040. It also paves the way f... more

Large energy users power up renewable energy deal

A group of prominent Melbourne universities and businesses has secured a multi-million-dollar deal to power their operations using wind energy produced in regional Victoria. The group of seven large energy users includes RMIT University, Deakin University, Cbus Property, ISPT, Fulton Hogan, Citywide Asphalt, and Mondelez International. From July 2020, the purchased wind power will be produced primarily by the Yaloak South Wind Farm near Ballan, with the remaining energy coming from other wind farm projects in regional Victoria. Tango Energy will provide 110 GWh of renewable electricity per year to the pu... more

South Australian solar farm ramps up for construction start

Work on the long-awaited 280-megawatt (MW) Cultana Solar Farm in South Australia could commence as early as July. The project, which is on an 1100-hectare site north of Whyalla on Eyre Peninsula, is the first large scale project in Sanjeev Gupta’s plan to generate one gigawatt of dispatchable renewable energy in South Australia. The solar farm is being delivered by SIMEC Energy Australia through an Engineer, Procure and Construction (EPC) partnership with Shanghai Electric. SIMEC Energy Australia is a part of Gupta’s GFG Alliance. SIMEC CEO Marc Barrington said final regulatory approvals and a trans... more

Australia’s largest hybrid renewable microgrid completed

Australia’s largest hybrid renewable microgrid has been completed at Gold Fields’ Agnew Gold Mine in remote Western Australia. On Monday, EDL announced that all five wind turbines were officially up and running and integrated into the 56-Megawatt (MW) Agnew Hybrid Renewable Project - the first in the country to power a mine with wind-generated electricity. The project comprises four key components controlled by an advanced microgrid system: Five 110m wind turbines, each with a rotor diameter of 140m, delivering 18MW A 10,710-panel solar farm generating 4MW A 13MW/4MWh battery energy storage ... 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

$1B transmission line project declared a coordinated project

The Queensland Government has ticked off a major milestone on a proposed $1 billion overhead high-voltage electricity transmission line which would connect major energy users and North West Queensland’s public to the national electricity grid. Queensland’s independent Coordinator-General declared CuString Pty Ltd’s CopperString Project a ‘coordinated project’ on 27 April. The proposed project is a 1,100-kilometre 275-kilovolt overhead high-voltage electricity transmission line connecting the North West Minerals Provence and Mount Isa to the National Electricity Market grid south of Townsville. ... more

QLD provides $100m to keep Haughton pipeline moving

The Queensland Government has fast-tracked $100 million, as part of its $225 million commitment to Townsville’s water security, to keep construction of the Haughton 36.5 kilometre water pipeline moving. Member for Townsville, Scott Stewart said the $100 million payment (paid last week) would go towards supporting up to 1000 jobs over the life of the project. “We all know Townsville has been doing it tough and is currently recovering from an unprecedented flooding event. The jobs that flow from the Haughton pipeline are a shot in the arm during the rebuilding period,” Mr Stewart said. There are mo... more

Kodal provides update on lithium and gold projects

Mineral exploration and development company, Kodal Minerals plc, has provided an update on the progress of the Bougouni Lithium Project Mining Licence application in Mali and an update on its gold exploration properties in Mali and Cote d'Ivoire. The Bougouni Project covers an area of 350km2 and is located approximately 180km south of Bamako, the capital of Mali, and benefits from established infrastructure via a sealed road from Bamako. According to Kodal, the Feasibility Study accompanying the Mining Licence application has been accepted by the Ministry of Mines and Petroleum of Mali. The Ministry of... more

Base selected for world’s largest offshore wind farm

Equinor (formerly Statoil and StatoilHydro) and SSE Renewables, the two companies behind the world’s largest offshore wind farm Dogger Bank, have just revealed plans to build a new Operations and Maintenance Base at the Port of Tyne in the UK. The Dogger Bank Wind Farm is a 50:50 Joint Venture between Equinor and SSE Renewables. Construction of the wind farm, led by SSE Renewables, officially commenced in January 2020 and as operator for the operations phase, Equinor will construct this new Operations and Maintenance base, and operate the wind farm for its expected life of more than 25 years. The... more

AngloGold restarts almost all of its global operations

Following the suspension of operations in Argentina, Brazil and South Africa due to the the COVID-19 outbreak, AngloGold Ashanti has now restarted production in these countries. The company’s sole mine in Argentina, Cerro Vanguardia, successfully restarted milling operations on 6 April 2020. The operation has now ramped up capacity and will initially process stockpiles, allowing production to remain near planned levels with a significantly smaller staff complement. The mining operation had been suspended since 21 March 2020 as a result of countrywide COVID-19 related restrictions on travel and border clo... more

Gold mineralised discovery areas confirmed in South Korea

Australian junior miner Southern Gold Limited has completed field work in the Jinan and Neungju Basins in South Korea, which has confirmed new gold mineralised areas that warrant follow up work. The intensive reconnaissance sampling program involved 238 new samples being taken and submitted for analysis. Several rock chip and float samples returned anomalous grade gold results. Work included field traversing and extensive rock sampling. This process has succeeded in finding multiple untested vein systems in addition to very small-scale historical mine workings. The two regions investigated were the Neun... more