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TUNGSTEN

Vital’s tungsten project to cost A$172m, DFS shows

A definitive feasibility study (DFS) into the Watershed tungsten project, in Queensland, has placed a A$172-million price tag on the project’s development, owner Vital Metals reported on Wednesday. The DFS concluded that the project could...
17th September 2014
 
M&A

Cape Alumina backs MetroCoal offer

The directors of takeover target Cape Alumina have backed a takeover offer by fellow-listed MetroCoal, advising shareholders to accept the offer. In August this year, MetroCoal launched an off-market takeover offer for the remaining 43% in Cape...
15th September 2014
 
URANIUM

NSW opens for uranium exploration

The New South Wales government has short-listed six companies that would be allowed to apply for uranium exploration licences. The companies included ASX-listed Iluka, Marmota Energy, EJ Resources, Hartz Rare Earths and Australian Zirconia, as...
11th September 2014
 
GAS

Clough AMEC JV awarded A$70m Bowen FEED contract

Australia-based oil and gas-focused engineering and construction company Clough, a subsidiary of Murray & Roberts, on Monday announced that the Clough AMEC joint venture had been awarded the front-end engineering design (FEED) contract for coal...
8th September 2014
 
INFRASTRUCTURE

Queensland proposes to dispose Abbot Point dredge spoil on land

The Queensland state government on Monday revealed plans for a long-term port development strategy using dredge material produced at Abbot Point. “The strategy approved by state Cabinet today will create a win-win situation – it will protect...
8th September 2014
 
Mine Profile

Cracow mine

A gold mine, located 500 km north-west of Brisbane, in Queensland, Australia.
5th September 2014
 
COAL

FIRB clears Jogmec investment in Qld

The Australian Foreign Investment Review Board (FIRB) has approved Japan Oil, Gas and Metals National Corporation (Jogmec’s) A$3-million investment into ASX-listed Allegiance Coal’s Kilmain coal project, in Queensland. Under the terms of the...
2nd September 2014
 
COAL

Rio cuts jobs at Kestrel coal mine

Mining major Rio Tinto on Tuesday confirmed that it would be cutting staff numbers at its Kestrel coal mine, in Queensland. While giving no clear number of the targeted cuts, reports suggested that about 100 staff would be made redundant at the...
2nd September 2014
 
COAL

New Hope’s Qld expansion plans open to public scrutiny

The Queensland government has opened the expansion of New Hope Coal’s New Acland project to public scrutiny. The state government on Monday invited members of the public to have their say on the environmental impact of the proposed mine...
1st September 2014
 
OIL & GAS

Qld Minister pushes for deep oil and gas developments

The Queensland government has released a framework that outlines the opportunities to develop the state’s next generation of deep oil and gas projects. Natural Resources and Mines Minister Andrew Cripps said the development of deep oil and...
29th August 2014
 
ENERGY

Linc turns Carmichael royalty into cash to focus on core assets

Singapore listed Linc Energy has agreed to sell its royalty in the Carmichael coal mine to Indian developer Adani, for A$155-million, as part of a strategy to reduce debt and strengthen its balance sheet. Linc sold the Queensland-based Carmichael...
29th August 2014
 
Mining Services

New core orientation system to increase drilling productivity

INDUSTRY FIRST
The TruCore integrated core orientation system enables drillers to increase productivity 
US-based integrated drilling services, equipment and performance tooling provider Boart Longyear has added an industry-first integrated core orientation system – TruCore – to its product range. The system enables drillers in the mining...
29th August 2014
 
 
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