Projects

$24M AUD contract awarded for underground gold mine in NT

Global technology company, ABB, has secured a $24 million AUD contract ($17 million USD) with Newmont to support the expansion of its Tanami gold mine in the Northern Territory. The Tanami underground gold 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 Mi... more

Stanmore Coal project secures ‘Prescribed Project’ status

Hundreds of jobs and a regional economic boost a step closer for Central Queensland with Stanmore Coal’s $90 million Isaac Downs mining project, located approximately 10 kilometres south-east of Moranbah, being 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. “As we implement Queensland’s plan to strengthen our economy in the wake of the global COVID-19 pandemic, projects like this have th... more

$6.35M placement to accelerate activities at Katanning Gold Project

Ausgold Limited (Ausgold or the Company) has received binding commitments from institutional and sophisticated investors for a share placement (Placement) to raise $6,348,705 before costs to underpin an extensive exploration and Resource expansion drill program at its 100 per cent-owned 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... more

Gold drilling operations continue as planned in Victoria

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

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

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

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