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Australian Mines moves $1.3bn Sconi project to next step

Australian Mines has released its bankable feasibility study (BFS) for the Sconi cobalt-nickel-scandium project in North Queensland, revealing a capital requirement of $US974 million ($1.35 billion). The Sconi project will require the development of three open pits for $US31 million, and a two million tonnes per year (Mt/y) processing plant for $US730 million. However, the company is confident of strong annual […]

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Mineral Lease Granted for new Mount Peake mine

Minister for Primary Industry and Resources, Ken Vowles, has today granted a mineral lease for the new Mount Peake mine in central Australia, a project granted Major Project status by the Territory Labor Government. TNG Limiteds Mount Peake mine has the potential to create 500 jobs during construction and 175-250 ongoing roles during operation. The […]

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Perdaman and Woodside sign gas deal for $4.5 billion urea plant

A $4.5 billion fertiliser plant in the Pilbara that will create more than 2000 construction jobs moved closer to reality today with Perdaman signing up for 20 years of gas from Woodside. For the project to go-ahead Perdaman must finalise agreements with customers for the two million tonnes of urea to be produced a year. […]

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WA’s Murchison region seeking nod for ‘geopark’ status

Western Australia’s Murchison region hopes to become home to the state’s first geopark recognised by UNESCO. The move is part of a new ‘geotourism’ push by seven shires in WA’s remote Midwest which have which have been hit hard by a declining pastoral sector and the rise of the fly-in-fly-out (FIFO) worker. Geoparks are recognised […]

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Rio Tinto inks $3.5 billion investment in Koodaideri

Rio Tinto is on track to begin construction of the Koodaideri iron ore mine in the Pilbara, Western Australia next year after approving a $US2.6 billion ($3.5 billion) investment in the project. The miner plans to start production at Koodaideri, around 35 kilometres from its Yandicoogina iron ore site, in late 2021. With an estimated capacity of 43 million tonnes a year, it is […]

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The next projects to boost NSW mining

Twenty-five projects worth almost $11 billion are lined up at various planning stages in New South Wales over the next two decades. The 25 projects are comprised of new projects and extensions and modifications of existing operations, including the Bylong project and Tahmoor South project. In the Hunter region, there are nine projects in the pipeline with a […]

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BHP awards $250m South Flank contract to Thyssenkrupp

Thyssenkrupp Industrial Solutions has won a contract to deliver the largest rail mounted stackers and reclaimers in the world to BHP’s $4.6 billion South Flank project in the Pilbara, Western Australia. The $250 million contract will see Thyssenkrupp design, supply, construct and commission the large-scale stockyard machines at South Flank, which is being developed by […]

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Mining leads Australia’s job growth

The mining, resources and energy industry has joined healthcare and IT as one of the top three drivers of job ad growth in Australia. Recruitment portal SEEK made the claim in its employment report for October 2018, which recorded national year-on-year job advertisement growth of 2.8 per cent. The latest Mining and Resources Job Index report from agency DFP […]

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Investment could fuel massive oil and gas base in NT

A surge of major foreign investments into Northern Territory resources could see the region transformed into a “massive oil and gas base” within 10 years, according to Northern Australia Minister Matt Canavan. . If achievable, such an increase could haul the NT out of the economic doldrums, Mr Canavan said, as the economy struggles in […]

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QLD Land Court recommends New Acland mine expansion

The Queensland Resources Council (QRC) has welcomed the Land Court’s decision on New Hope’s New Acland Stage 3 mine expansion near Toowoomba. The ruling will be welcome news for the people of Oakey and the Darling Downs whose future livelihoods would have been in jeopardy with resources depleting. The New Hope mine is one of […]

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