Fly north: Northern Australian prospects attract mining’s biggest names

Mining companies big and small are joining forces and digging into the underexplored regions of northern Australia. Vanessa Zhou speaks with three emerging companies about their prospects. Northern Australia is laden with prospects, with mining companies of all sizes flocking to the region in the past decade. Copper, gold, cobalt and zinc are just some of the commodities that are being sought by a line of key and emerging mining players. Newmont Goldcorp, Newcrest Mining, Rio Tinto, South32 and OZ Minerals are some of the leading miners building their presence…

Golding restarts Baralaba North following accident

Baralaba North contractor Golding is producing at the Bowen Basin coal mine again after operations were suspended at the site due to the death of an employee last weekend. The mine was closed from July 7 to 10. No other equipment or personnel were involved in the incident. Golding, alongside the Queensland Mines Inspectorate and state police, is continuing an investigation into the incident to determine the exact sequence of events that caused it. “The recommencement of mining activity was made in consultation with the Inspector of Mines investigating the…

OZ Minerals sets up future of Brazilian ‘strategic foothold’

OZ Minerals plans to consolidate its Brazilian copper and gold assets through a strategy of operating multiple small and mid-sized mines in each of the Carajás and Gurupi provinces. The company announced the strategy as part of a Brazilian operational update, which looked at the assets it acquired last year from Avanco Resources for $430 million. OZ Minerals’ acquisition of Avanco gave it a “strategic foothold” in the Brazilian provinces, according to chief executive officer, Andrew Cole. “The review focused on increasing our understanding of each asset and how value…

Central Queensland’s coming up aces

Recent reports indicate that the mining sector across the Central Queensland region is experiencing significant growth. This is great news for commercial industries, local businesses and communities as a whole. And it’s not just the mining and infrastructure sectors that are undergoing such encouraging progress. Agriculture and tourism are two other industries that are on the move. Reports show that the Central Queensland region is now experiencing significant growth across multiple sectors, according to an article published by Central Queensland News. The Greater Whitsunday Alliance’s Regional Projects Development Register update,…

Kirkland Lake on track to reach Fosterville production targets

Kirkland Lake Gold expects production at the Fosterville mine in Victoria to exceed its record quarterly levels in the upcoming periods of this year. Fosterville achieved a record 140,701 ounces of gold production during the second quarter, an 82 per cent increase on 77,462 ounces in the corresponding period last year. The Fosterville performance boosted Kirkland Lake’s company-wide production from 164,685 ounces last year to 214,593 ounces in the 2019 second quarter. Fosterville’s mine output has exceeded planned levels largely due to the strong grade performance in the Swan Zone,…

From Mt Carlton to Flemington: the creation of the Melbourne Cup

The Melbourne Cup trophy is perhaps the most admired prize in Australian sport, but the meticulous process used to make it is sometimes overlooked. Valued at over $200,000, the trophy contains 44 pieces that are hand spun over an exhaustive 250-hour process, with gold that is of immaculate purity. The gold in this year’s trophy comes from Evolution Mining’s Mt Carlton gold mine in North Queensland and the process from dirt to cup is painstakingly arduous. “(It’s) miners, refiners, chemists, jewellers, managers – dozens of people you need to make…

QLD faces mine safety reset and additional inspectors

The Queensland Government has appointed three additional mines inspectors and another chief inspector as the resources industry grapples with recent mine-related tragedies. Mines and quarries in the state will implement a safety reset by the end of August for discussions between management, operational staff and relevant union representatives on risks and safe practise. The move follows the announcement of two independent reviews investigating why mine workers have died over the past 20 years and how industry can improve, while also looking into the effectiveness of the state’s mining health and…