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

Renewable energy boost for Queensland

Construction of the $360 million Mount Emerald Wind Farm near Walkamin is on track to start before the end of the year after Ergon Energy announced today it had entered into an agreement to purchase all of the electricity generated by the wind farm through to the end of 2030. The wind farm, a joint development between Ratch-Australia (Ratch) and Port Bajool, was chosen ahead of six other renewable energy projects shortlisted by Ergon in November last year as part of their green energy tender process. Power producer Ratch owns a number of wind farms around Australia including the Windy Hill wind farm near R... more

Callide B Power Station gets $31 million overhaul

A massive $31 million overhaul of the Callide B Power Station, approved by the Queensland Government, will see 350 direct jobs created in the region. Treasurer Curtis Pitt said the $31 million investment would bring enormous flow-on economic benefits to Central Queensland. “In July this year state-owned electricity generator CS Energy Limited will commence a major service of Unit 1 of the Callide B Power Station. This $31 million overhaul will create and sustain around 350 direct jobs, this is in addition to the power station’s permanent workforce of around 205 employees." The works are expected to ... more

NSW solar farms shortlisted for $100 million funding

The Australian Renewable Energy Agency (ARENA) has announced shortlisted projects under its $100 million competitive funding round for large-scale solar photovoltaic (PV). From the 22 shortlisted projects, eight are located in NSW – totalling 242 megawatts of capacity and worth an estimated $500 million of investment for the State. The Renewable Energy Advocate and NSW Industry Investment teams have been working closely with the project developers to help them navigate planning processes, network connections and leverage Commonwealth funding. Neoen, the developer of three shortlisted projects in Griff... more

New era for solar power in NSW

The Minister for Industry, Resources and Energy, Anthony Roberts has marked the official completion of Australia’s two largest solar plants at Nyngan and Broken Hill. “This is a legacy that will last for generations and will greatly benefit the local and wider communities by providing a reliable and cost-effective energy source,” Mr Roberts said. “The NSW Government provided almost $65 million dollars towards the Solar Flagship projects at Nyngan and Broken Hill, which have collectively supported over 450 regional jobs and driven $440 million of investment into the State.” The Nyngan Solar pla... 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

Rio Tinto to consider options for future of New Zealand’s Aluminium Smelter

Rio Tinto has announced that it plans to conduct a strategic review of its interest in New Zealand’s Aluminium Smelter (NZAS) at Tiwai Point, to determine the operation’s ongoing viability and competitive position. NZAS is a joint venture between Rio Tinto (79.36 per cent) and Sumitomo Chemical Company Limited of Japan (20.64 per cent). It is New Zealand’s only aluminium smelter and began operations in 1971. The plants produces primary aluminium in the form of ingot, billet, and rolling block. The majority of the plant's alumina is supplied from the Rio Tinto Yarwun and Queensland Alumina refineries ... more

BHP targets 100 per cent renewable energy at Chile operations

BHP has announced four new renewable power agreements to meet power demand for two of its copper operations in Chile. BHP’s Escondida mine, located in Northern Chile, is the world’s largest copper producer, while Spence is BHP’s wholly-owned open-pit copper mine, located in the Atacama Desert, in the North of Chile. BHP aims to supply Escondida and Spence’s energy requirements from 100 per cent renewable energy sources from the mid-2020s. The new contracts are expected to meet Escondida and Spence’s current energy needs and also contain the flexibility to help manage future demand as well. Pre... more

Rio Tinto’s Canada operations certified for responsibly produced aluminium

Rio Tinto now offers independently certified responsibly produced aluminium from all of its Canadian operations, with the extension of the Aluminium Stewardship Initiative’s (ASI) Chain of Custody certification to include the BC Works smelter and Kemano Power Operations in Kitimat, British Columbia. The certification reinforces Rio Tinto’s commitment to responsible mining and metals production by providing independent verification that material can be traced through a ‘chain of custody’ which extends from Rio Tinto’s Gove bauxite mine in Australia to its alumina refinery, aluminium smelters and cast... more

Results of Canadian zink mine feasibility study released

Zinc exploration and development company, Superior Lake Resources Limited, has announced the results of a Bankable Feasibility Study (BFS) for the Superior Lake Project, located approximately 200 kilometres east of Thunder Bay in the province of Ontario, Canada. The project spans an area of 175 square kilometres and consists of two deposits – Winston Lake and Pick Lake. It is owned by Ophiolite Holdings Pty Ltd, an Australian incorporated entity. Superior Lake owns 70 per cent of Ophiolite and recently announced transactions to acquire an additional interest of 15 per cent in Ophiolite. Since acquiring a... more