Projects

Major quartz vein gold system found at Yandal Gold Project

Toro Energy Limited has announced that assay results from the 2019 maiden RC drilling programme, at the company’s 100 per cent owned Yandal Gold Project in Western Australia, along with detailed surface mapping, have confirmed that a major quartz vein gold system has been intersected in Toro’s first drill holes in the Golden Ways Target Area. Four reverse circulation (RC) drill holes were completed for a total of 792m in Toro’s maiden drill programme at Golden Ways. Drill holes TERC09, TERC10 and TERC11 aimed to test anomalies and alteration from historical drilling, while TERC12 aimed to test a large o... more

First autonomous haulage fleet for gold mine approved

Newmont Corporation’s Board of Directors have unanimously approved investment in an Autonomous Haulage System (AHS) at Boddington in Western Australia to enhance safety and productivity, while also extending mine life. Once fully operational in 2021, Boddington will be the world’s first open pit gold mine with an autonomous haul truck fleet. Tom Palmer, President and Chief Executive Officer said the investment in autonomous haul trucks will generate an internal rate of return greater than 35 per cent with a more controlled and efficient haulage operation. “We are also uniquely positioned in the gold ... more

Study confirms low carbon, long-life, low-cost copper and nickel mine

OZ Minerals Limited and Cassini Resources Limited have released the results of the West Musgrave, Nebo-Babel Pre-Feasibility Study (PFS). The project is a joint venture between OZ Minerals (70%) and Cassini (30%) and is located in Western Australia. The PFS has demonstrated an approximately 26-year open pit copper and nickel sulphide mine. It is the first development opportunity within the broader West Musgrave province which includes a number of additional highly prospective opportunities including the nearby Succoth copper deposit. A Maiden Probable Ore Reserve of 220Mt at 0.36% Cu and 0.33% Ni was also ... more

NQ Minerals signs deal to buy historic Beaconsfield Gold Mine

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

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

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

World’s largest scale battery to be expanded

Neoen, together with the South Australian Government, the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC), have announced a 50 per cent expansion of the Hornsdale Power Reserve battery. The 100MW / 129 MWh Hornsdale Power Reserve battery is the world's largest lithium-ion battery and is located approximately 15 kilometres north of Jamestown, in South Australia. The recently announced $71 million expansion project will see the battery expanded by 50 MW / 64.5 MWh to demonstrate the ability for grid-scale batteries to provide inertia services and fast frequency resp... 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

Construction begins on Australia’s biggest lithium processing plant

Construction of the $1 billion Albemarle Kemerton Plant in Western Australia, Australia’s largest lithium processing plant, has commenced. The plant will become Australia's largest lithium hydroxide plant, with approval to produce up to 100,000 tonnes per annum of premium battery grade lithium hydroxide. Western Australia is currently the number one global producer of lithium, the second largest global producer of rare earths, the third largest global producer of cobalt and the fourth largest global producer of nickel. The Government of Western Australia is working with Albemarle to ensure job opportu... more

Construction commences on Australia’s first thermal waste-to-energy facility

Premier of Western Australia Mark McGowan, and Federal Minister for the Environment Melissa Price, have officially ‘turned the sod’ at Australia’s first thermal waste-to-energy facility in Kwinana, Western Australia. The facility, named Avertas Energy, will use state-of-the-art technology to process 400,000 tonnes of household, commercial and industrial waste each year to significantly reduce carbon dioxide emissions by more than 400,000 tonnes (equivalent to taking 85,000 cars off Perth’s roads). Once operational in 2021, the facility will generate and export 36 megawatts of baseload electricity t... 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