Projects

Underground gold mine expansion project in NT progresses

The expansion of the Tanami underground gold mine in the Northern Territory is progressing with a new contract being awarded. The mine, located approximately 563 kilometres north-west of Alice Springs, is operated by Newmont Mining Service Pty Ltd, a division of global mining player Newmont. Since 1986, the mine has produced more than 10 million ounces of gold from various open pits and underground mines. Presently, the mine produces from the Callie underground operation at Dead Bullock Soak with ore processed at the Granites Mill, more than 40 kilometres to the east. Newmont's Tanami Expansion 2 (TE2) ... more

Isaac Downs coal project secures ‘Prescribed Project’ status

Stanmore Coal’s $90 million Isaac Downs mining project, located approximately 10 kilometres south-east of Moranbah, has been declared a 'prescribed project' today. Minister for Regional Development, Glenn Butcher, said the project would provide ongoing long-term employment for workers at the region’s existing Isaac Plains Mining Complex and also create new jobs and economic growth. “Projects like this have the potential to play an important role for regional Queensland,” Mr Butcher said. Pending necessary approvals and Stanmore Coal’s business plans, Mr Butcher detailed that construction cou... more

$6.35M raised to accelerate activities at Katanning Gold Project

Ausgold Limited has received binding commitments from institutional and sophisticated investors for a share placement to raise $6,348,705 before costs to underpin an extensive exploration and Resource expansion drill program at its Katanning Gold Project (KGP) in Western Australia. Ausgold received strong demand for the placement from a number of international institutional and sophisticated investors, including a $3 million cornerstone investment from the Canadian resource investment group Dundee Goodman Merchant Partners. The new shares to be issued under the placement are priced at $0.0327 which represe... more

Gold drilling operations continue as planned in Victoria despite COVID-19 measures

Navarre Minerals Limited has provided an update on its exploration activities in light of new COVID-19 measures introduced by the Victorian Government. On 3 August 2020, the Victorian Government announced a re-introduction of Stage 3 restrictions for regional Victoria, where Navarre’s exploration activities occur. The new measures are expected to be in place for a period of six weeks. Under Stage 3 restrictions, Navarre’s exploration programs are able to continue as planned under strict health and safety protocols designed to reduce the risk of transmission of COVID-19 to Navarre’s people, its contra... 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

Seismic survey commences at QEM’s flagship Julia Creek Project

A seismic survey program has commenced on QEM Limited's (QEM) 100 per cent owned Julia Creek project, covering approximately 496 square kilometres in the Julia Creek area of North Western Queensland. Julia Creek is located over the vast Toolebuc Formation, which is the host to widespread vanadium mineralisation, and is considered an ‘oil shale’, meaning it has the potential to hold significant petroleum resources. QEM announced in February this year that it had engaged geological service company, Velseis Pty Ltd, to conduct the 26-kilometre 2-D seismic survey which would outline the geological structur... more

Contract awarded for Newcastle LNG import terminal work

EPIK Co. Ltd. has executed an agreement with Watpac for the provision of  design, engineering and construction services for the onshore infrastructure components of the Newcastle LNG floating storage regasification unit (FSRU) import terminal at the Port of Newcastle. Situated at the back-end of the existing gas transmission network, the Port of Newcastle is one of Australia’s largest ports and a major trade and logistics hub, making it an ideal area to develop an LNG import terminal. The potential investment for the Newcastle LNG project is estimated to be approximately $AU547 million and is set to inc... more

Sheffield locks in LNG supply agreement for Thunderbird

Sheffield Resources Limited has secured a 15-year agreement with Woodside Energy Limited and Energy Developments Pty Ltd (EDL) for the supply and delivery of 1,950 terajoules per annum of liquified natural gas (LNG) to the Thunderbird Mineral Sands Project, in northern Western Australia. As per the agreement, LNG will be supplied from Woodside’s Pluto LNG Truck Loading Facility near Karratha and transported to Thunderbird’s LNG storage facility by a newly formed joint venture between Woodside and EDL. The Woodside-EDL joint venture will own and operate a purpose-built road tanker fleet to deliver the L... more

First components for the Bango Wind Farm arrives

The port of Port Kembla has reaffirmed its role as a critical trade gateway and a major import hub for large renewable energy projects with the arrival of the first shipment of components for the Bango Wind Farm in the Southern Tablelands of NSW this month. In total, 46 of General Electric’s (GE) Cypress 5.3 Megawatt (MW) turbines will be imported through Port Kembla over the next six months. The wind turbine components will be stored on berth at the AAT facility before being transported by truck by heavy haulage operator, Rex J Andrews to the project site, which is located roughly 30 kilometres north of... more

Rio Tinto to close aluminium smelter operations

Rio Tinto will soon commence planning for the wind-down of operations and the eventual closure of New Zealand Aluminium Smelters (NZAS) following the conclusion of its strategic review which highlighted that the business is no longer viable given high energy costs and a challenging outlook for the Aluminum industry. As a result, NZAS has given Meridian Energy Limited notice to terminate the power contract, which will end in August 2021, when the wind-down of operations is expected to complete. The strategic review concluded that the smelter, which has made Rio Tinto an underlying loss of NZ$46m in 2019, is... 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

National Radioactive Waste Management Facility on track

Minister for Resources, Water and Northern Australia, Keith Pitt, has reconfirmed the Government’s commitment that 45 local jobs will be created through the establishment of the National Radioactive Waste Management Facility (NRWMF). Each year Australians benefit from nuclear medicine and research activities. According to the Department of Industry, Science, Energy and Resources (DISER), around 2 in 3 Australians will use nuclear medicine in their lifetime. With these benefits comes a responsibility to safely manage radioactive waste. Currently, Australia’s radioactive waste is stored in more than 1... more

Construction powers ahead on historic Port of Townsville upgrade

A major milestone has occurred at the $193 million Port of Townsville Channel Upgrade Project, with the recent delivery of more than half of the total rock required to build a protective sea wall. The Port of Townsville is the largest commercial Port in Northern Australia, but at just 92 metres, the shipping channel is one of the narrowest in the country. Currently, vessels up to 238 metres in length can safely access the Port. But with ships getting larger, the Port needs to adapt so that it can continue to service the needs of North Queensland's mining, defence, agriculture, construction, vehicle and tou... more

New contract secures works on Pilbara port access infrastructure

A $4 million construction contract has been awarded for the continued works on critical port access infrastructure at the Port of Port Hedland. On Friday, the Pilbara Ports Authority awarded the contract for Stage 4 of the Utah Road Pavement Rehabilitation Project to AllRoads Pty Ltd. AllRoads has committed to sourcing its construction workforce within Western Australia. Under the contract, a 1.2 kilometre stretch of Utah Road will be upgraded, following some deterioration from increased traffic loads of iron ore and other products. Utah Road connects the Great Northern Highway with the Utah Point Bu... 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

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

Rafaella Resources upgrades mineral resource estimate

Following the recently completed resource estimation for the Santa Comba tungsten and tin project in Spain, Rafaella Resources Limited has updated the mineral resource estimate for the project by 103 per cent. The increase demonstrates the outstanding potential of the Project and underpins the mine plan and feasibility studies currently underway. The company intends to recommence drilling numerous prospects once the feasibility study is completed to add both tonnage and grade to feed the future expansion of the project. Rafaella’s Managing Director Steven Turner said the resource update significantly ... more

Agreement reached on long-term power supply for Oyu Tolgoi

Rio Tinto, Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu Tolgoi that paves the way for the Government to fund and construct a State-Owned Power Plant at Tavan Tolgoi, Mongolia. The agreement, which is a revision of the Power Source Framework Agreement (PSFA) signed in 2018, states that the parties will work towards finalising a Power Purchase Agreement by the end of March 2021. In addition, the amended PSFA sets a proposed timetable for development, with the construction of the coal-fired power plant set to begin no later than 1 Jul... more

Anson to commence uranium/vanadium exploration program

Anson Resources Limited is planning to commence exploration on its uranium and vanadium lodes claims at its Yellow Cat Project in Utah, USA. The 85 Lode claims, which were pegged by the company in 2019, form a prospective exploration land package for both uranium and vanadium rich mineralisation which covers an area of 708 hectares. Anson advised that a recent review of historical drilling programs at Yellow Cat identified high-grade uranium and vanadium mineralisation results. They noted that the 38 per cent increase in uranium spot price recorded over the past three months, together with high-grade hi... more