Archived News for Industry Professionals
A study published by James Cook University (JCU) has found major opportunities in Queensland's North East Minerals province.
The study found that major new mining operations in the area would lead to an $1.2 billion annual impact over 10 years.
Townsville Enterprise general manager of economic development, Ross Contrino, said that the organisation hoped the study would spur resource industry companies to look closely at the opportunities highlighted by the JCU study.
LNG issues addressed in Perth
Federal Energy and Resources Minister Martin Ferguson has addressed liquefied natural gas (LNG) project issues, including overseas demand, taxation reform and skills shortages, at the APPEA 2011 Conference and Exhibition in Perth.
Offshore gas and petroleum production regulator gets support
The Federal Government's plans for a national regulator of offshore gas and petroleum production has been supported by a leading academic at the oil and gas sector's annual meeting.
Bandanna Energy looks to $1.4 billion sale deal
Australian coal explorer Bandanna Energy is attracting interest from Chinese, Indian and other potential suitors as it prepares to short-list bidders for the company in a potential $1.4 billion deal.
Dart Energy to raise $100 million for accelerated drilling program
Dart Energy has launched a fully underwritten $100 million share issue to fund an accelerated drilling program.
BHP Billiton releases Port Hedland expansion environmental review
BHP Billiton has moved to get government approval of its plan to expand its Port Hedland operations, with the release of its public environmental review and draft environmental impact statement on the development.
Natural disasters cost Queensland resources sector $5 billion
The Queensland Resources Council (QRC) says flooding and cyclones have cost the industry $5 billion in lost production and that figure could rise with many mines still waterlogged.
Approval for Gooburrum sand mine
Plans for a sand mine at Gooburrum, north of Bundaberg in southern Queensland, have been given the go-ahead by council.
Seismic survey reveals new geological structures in NT
A deep seismic survey undertaken as part of the Australian Government's Energy Security Initiative has revealed major new geological structures in the Northern Territory which will have important implications for energy and mineral resource exploration.
Pre-competitive mining data release for South Australia's outback
Geoscience Australia has released to the mining and exploration industry new pre-competitive data collected across a large area of South Australia.
Rio Tinto buys into Riversdale
Rio Tinto has acquired a majority interest in Riversdale Mining Ltd delivering control of significant tier one coking coal projects. Rio Tinto’s shareholding in Riversdale passed 50% and may increase further with the takeover offer remaining open until 20 April 2011.
Call for comment on EIS for Byerwen Coal project
The Queensland Government has launched an environmental impact study of the proposed $1.5 billion Byerwen coal mine in the Central Highlands.
New petroleum exploration areas opened up
The Australian Government has released the largest offshore petroleum exploration acreage in more than a decade, comprising 29 areas across nine basins off the Northern Territory, Western Australia, Victoria and Tasmania and the Territory of Ashmore and Cartier Islands.
Announcing the release at the Australian Petroleum Production and Exploration Association's annual conference in Perth, Resources and Energy Minister Martin Ferguson said that stakeholder nominations had underpinned every area in the 2011 release, with most receiving multiple nominations.
APPEA report supports call for LNG carbon tax exemption
The Australian Petroleum Production & Exploration Association (APPEA) has released an independent study outlining potential global greenhouse gas benefits associated with Australia expanding its liquefied natural gas (LNG) industry.
New research centre for steel industry
Shanghai-based Baosteel Group has partnered with The University of Queensland, University of New South Wales, Monash University, and the University of Wollongong to establish the Baosteel-Australia Joint Research and Development Centre.
Blueprint for sustainable coal seam gas released
The coal seam gas industry in Queensland is growing rapidly but without research to understand the impact on rural communities and the environment, a group on the Darling Downs says.
Strong interest in WA drilling program
The most recent round of the State Government’s co-funded drilling program has again attracted significant interest from resource companies eager to explore Western Australia’s greenfields or underexplored areas.
John Holland wins Anglo American mining services contract
John Holland has secured a three-year $144 million mining services contract with Anglo American's metallurgical coal business at Lake Lindsay and Oak Park surface coal mine operations near Middlemount, in central Queensland.
Olympic Dam project advances
BHP Billiton has announced its planned expansion of the Olympic Dam site has progressed into the feasibility study phase, which will be followed by the project's Supplementary Environmental Impact Statement (SEIS) and formal assessment by the Commonwealth, South Australian and Northern Territory governments.
Treasury optimistic on resources outlook
An overview of key themes from Treasury’s Business Liaison Program, held in February and March, has noted that the economy’s continuing strength has been underpinned by the mining sector, with strong external demand for resources exports and a range of major mining investment projects underway and in the pipeline.