Archived News for Industry Professionals
The Federal Government has announced its approval of the Alpha coal mine and associated rail works in Queensland, paving the way for construction of the country's largest coal mine.
Federal Environment Minister Tony Burke said he had granted approval for the mine subject to 19 conditions directed at environmental protection, specifically the Great Barrier Reef.
"My approval follows a rigorous assessment process after I was forced to step in and complete the assessment. This has ensured the highest standards of environmental regulation were applied to this project,'' Mr Burke said.
QR National announces 900 jobs to go
Rail giant QR National has a round of 750 voluntary redundancies, bringing the total number of positions shed from the company to 900 for the calendar year.
UQ to research CSG water impact
The University of Queensland has announced a research project measuring the impact of the coal seam gas (GSG) industry on Australia’s underground water supplies.
NSW calls for comment on for construction inquiry
The New South Wales Government is calling for public submissions for its inquiry into insolvency in the construction industry.
Ankata mine open for business
South Australian Premier Jay Weatherill has officially opened the new Ankata underground copper-gold mine at Prominent Hill.
Coal job losses inevitable says Roche
Queensland Coal’s Chief Executive, Michael Roche, has warned that the State’s coal sector could be facing tough times in a speech delivered to the 8th Coaltrans Australia Conference in Brisbane.
ITS calls for entries for National ITS Awards
Intelligent Transport Systems Australia is calling for entries for the 2012 National ITS Awards. The awards, launched in 2010, recognise the achievements of the country’s ITS sector.
LionGold drops Navigator bid
Singaporean gold investment group LionGold has announced a full withdrawal from the formal takeover bid it proposed to Perth based Navigator Resources, following weeks of speculation over the proposed bid.
Queensland holds first Moreton Bay Rail Link briefing
The Queensland Government has held the first Moreton Bay Rail Link industry briefing, attracting over 300 business representatives to hear from State Transport and Main Roads Minister Scott Emerson.
WA announces roads funding
The Western Australian Government has announced the State’s Mid-West region will receive $46.1 million for road upgrades through the Safer Country Roads initative.
Webb Dock development inches closer to start
The Port of Melbourne Corporation’s (PoMC) $1.6 billion redevelopment of its Webb Dock facilities has taken the next major step after the awarding of major civil and maritime design contracts.
Work to begin on Maldon to Dombarton link
The Federal Government has announced the final stage of funding for the design and planning work for the Maldon to Dombarton Rail Link in a bid to have the project ‘shovel ready’ as soon as possible.
Yancoal posts first results
Newly ASX listed coal miner Yancoal has posted its first half year ASX report, posing a $415.7 million after tax for the 2011-12 year, while admitting that adverse market conditions may hamper its growth.
ACCC greenlights Qube's MIST acquisition
The Australian Competition and Consumer Commission has announced it will not oppose Qube Logistics’ acquisition of Macarthur Intermodal Shipping Terminal (MIST).
Australia Institute calls for more CSG research
A new report released by the Australia Institute has warned that the country risks significantly underestimating its contribution to global climate change if it fails to adequately measure fugitive emissions from coal seam gas wellheads.
BlueScope upbeat despite $1 billion loss
Steel giant BlueScope Steel is remaining positive despite announcing a $1 billion loss after tax this financial year.
Government identifies climate change impact zones
The Federal Government has released a report aimed at assisting companies and local governments make informed decisions about where and how to build key infrastructure assets in the face of a changing climate.
Government welcomes manufacturing report
The Federal Government has welcomed the release of the long awaited Manufacturing Taskforce Report, which has found that the sector can continue to prosper and grow if it takes advantage of key emerging opportunities in the Asian region.
Mining boom flows through to ICT
The mining sector’s continual growth is producing significant flow-on benefits for the country’s information and communication technology sector, according to a new report released by IDC.
New road trauma funding
The Victorian Government has outlined more funding under its flagship $55 million infrastructure investment aimed at reducing road trauma on the state’s roads.
Santos confirms Moomba shale well
Gas giant Santos has confirmed that the planned Moomba 191 dedicated shale well is commercially viable and will soon begin production of the country’s first dedicated shale well.