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$600m Nyrstar redevelopment opens at Port Pirie

A $600 million metals processing plant has officially opened at Port Pirie, securing more than 700 jobs. Plant operator Nyrstar said the facility would significantly improve air quality in the town by reducing lead-in-air emissions by a margin unachievable with the old smelter at the site. Premier Jay Weatherill opened the plant along with Nyrstar […]

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World-class uranium project confirmed at Mulga Rock in WA

Vimy Resources has announced definitive feasibility study (DFS) results from the Mulga Rock project in WA, confirming an estimated capital cost of $493 million and an overall net value of $530 million. These figures cement the project’s potential as Australia’s largest uranium project, with an operating cost of $US25.11/pound (lb), which translates to roughly $68.26/kg, […]

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WA project applications increase by 40%

The Western Australian Government has released its fourth quarter approvals performance report, showing a 40 per cent boost in project applications through 2017. The report, released by the Department of Mines, Industry Regulation and Safety (DMIRS), explains that 737 mineral licences, 368 prospecting licences and 65 mining lease applications were received in the fourth quarter of 2017. In […]

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LNG exports break new records

The resources sector continues to underpin the Queensland economy with record LNG exports over the year to December 2017 while coal showed it was still in high demand and on track for another record export tonnage until rail and port infrastructure was disrupted when Cyclone Debbie hit in March. New data released reveals that LNG […]

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NSW coal project wins government backing

The Wallarah 2 underground coal project has been approved by the New South Wales Government. Wallarah 2, a thermal coal project that has been proposed for more than two decades, would create hundreds of construction and operational jobs if developed. However, the Central Coast community has continually objected the proposal, primarily because it could potentially damage the […]

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Perth processing plant on track for January completion

Following the installation of an important autoclave component at its Perth cobalt sulphate processing plant, battery metals producer Australian Mines has advised that the plant is on course for a late January completion. Cobalt, nickel and scandium from the company’s Sconi mine in Queensland are expected to be delivered to the plant within the next three […]

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Free training to boost resources skills

Queensland’s resources sector has applauded the Queensland Government for offering free Certificate III trade training courses for year-12 graduates in high-demand skills areas. Chief Executive of the Queensland Resources Council (QRC) Ian Macfarlane said the free courses would encourage students to take up training in skills shortage areas. ‘According to several data sources, and reports […]

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Perth Mint worker who stole gold bar in his underpants jailed

A Perth Mint security guard who stole a $50,000 gold bar by hiding it in his underpants has been sentenced to 15 months’ jail. The District Court was told Matthew Alexander Roussety, 27, had a “brain snap” when he decided to take the one-kilogram bar while he was working at the mint’s refinery at Perth […]

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Energy industry set to soar in 2018

As Australian companies welcome the New Year, IBISWorld’s business information analysts have revealed the top five industries expected to grow – and shrink – in 2017-18. The top predicted performer for 2017-18 is the Wind and Other Electricity Generation industry with a bumper year of 35.3% growth anticipated. IBISWorld anticipates that Sports and Recreation Facilities […]

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Construction ramps up at Carrapateena

OZ Minerals is planning to exploit the potential of the broader Carrapateena province in South Australia as it progresses construction of the copper-gold development in 2018. The company, in its 2017 fourth quarter update, reported that its focus at Carrapateena remained on progressing construction of the project, on time and within budget. OZ launched construction of […]

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