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Industry News

Jul 09, 2021
Owner-operator model shows returns for Blair Athol

Owner-operator model shows returns for Blair Athol

Terracom is reporting good results from its Clermont operation in the northern Bowen Basin. It’s in a year that the company transitioned to owner-operator at Blair Athol. Initial predictions for a reduced result were turned around said Executive Chairman Craig Ransley. “The successful transition to owner operator occurred at the end of July 2020 with initial… This content is for iQ Ind...

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Jul 08, 2021
Climate change duty of care enshrined into law

Climate change duty of care enshrined into law

There’s a new standard that needs to be considered for the approvals of coal mines. Eight high school students have welcomed final orders in their historic court case that found the Federal Environment Minister has a duty to avoid causing children harm when approving a new coal project.   Sharma v Minister for the Environment In… This content is for iQ Industry Queensland members ...

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Jul 07, 2021
Mining members expected to meet sexual harassment guidelines

Mining members expected to meet sexual harassment guidelines

The Minerals Council of Australia (MCA) says it has taken what it says is a significant step to help eliminate sexual harassment. It’s released a National Industry Code which sets clear expectations on MCA member companies to develop a culture of respect while improving support for workers.The Industry Code reinforces the industry’s Commitment to Eliminating Sexual Harassmentby outl...

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Jul 06, 2021
Peak body outlines its preferred process to enable mine development

Peak body outlines its preferred process to enable mine development

A mining peak industry body is advocating for ‘stable, predictable and practical frameworks to enable responsible land-based development’. It comes in the shadow of the findings of a Joint Standing Committee on Northern Australia which is conducting an inquiry into the destruction of Indigenous heritage at Juukan Gorge in Western Australia. On tabling the interim report, Northern…...

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Jul 06, 2021
Glencore announces a new Chair

Glencore announces a new Chair

The board of Glencore has announced a successor for Chairman Tony Hayward. He’ll be replaced by Kalidas Madhavpeddi as of 30 July. Tony Hayward was appointed to the Board at the time of the Company’s IPO in May 2011 and appointed as Chairman in 2013.  Following consultation with the Company’s largest institutional shareholders it was… This content is for iQ Industry Queensland members ...

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Jul 05, 2021
Latest tenders issued in Central Queensland

Latest tenders issued in Central Queensland

Mackay council has advertised for trades, specialist and general services while Carmichael Mine has advertised for Twin Wilden pumps skid assembly. These and more tenders are detailed below in a list found on the Tenderlink website and presented by Central Highlands Development Corporation…. This content is for iQ Industry Queensland members only.Log In Register ...

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Jul 02, 2021
High quality coal substitutes a climate solution

High quality coal substitutes a climate solution

The head of Pembroke Resources said the company’s proposed Bowen Basin mine is part of the climate change solution and would help Australia meet its emissions targets. The company has received a $175 Northern Australia Infrastructure Facility loan to help develop the Olive Downs Mine about 40 kilometres southeast of Moranbah. Related: Olive Downs developed… This content is for iQ Industry Q...

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Jul 02, 2021
Olive Downs developed as metallurgical coal prices set to rise

Olive Downs developed as metallurgical coal prices set to rise

The Federal Government’s commitment to the Olive Downs Coal Mine was timely with demand for metallurgical coal set to rise said Queensland Resources Council CEO Ian Macfarlane. The board of the Northern Australia infrastructure Fund has approved a $175 million loan to Pembroke Resources to develop the mine southeast of Moranbah in the Bowen Basin…. This content is for iQ Industry Queensland...

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Jul 01, 2021
Bouquet of praise for NAIF loan to develop coking coal mine

Bouquet of praise for NAIF loan to develop coking coal mine

Peak industry bodies are praising the Federal Government’s investment into a new Bowen Basin coking coal mine. The Commonwealth’s Northern Australia Infrastructure Facility (NAIF) has announced it would loan $175 million to Pembroke Resources’ Olive Downs Mine, located 40 kms south east of Moranbah. Pembroke Resources is a step closer to delivering this nationally significant… This co...

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