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Exploration

Feb 19, 2021
Queensland exploration riding high

Queensland exploration riding high

Strong commodity prices are expected to help fuel a continued climb in exploration spending in Queensland, after a 77 per cent rise in the past three years, a peak group says. Queensland Exploration Council chair Kim Wainwright said exploration expenditure in the state had been robust over most of the past 10 years, apart from a drop in 2015-17, but had been on a steep upwards trajectory sinc...

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Feb 15, 2021
Drilling industry courts women

Drilling industry courts women

The drilling industry is encouraging more women into its ranks. Most drill rigs are still single-sex says Australian Drilling Industry Association board member, Charters Towers driller and outlier Sally Forgan. Ms Forgan says there’s pressure to change the balance. “There is a shortage in our industry … especially attracting new talent to the pool is quite problematic sometimes,” she say...

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Feb 11, 2021
Drilling business DDH1 launches $150m IPO

Drilling business DDH1 launches $150m IPO

Australian drilling firm DDH1 Group has launched a $150 million initial public offering valuing the company at $376.5 million. The group comprises the three brands DDH1 Drilling, Strike Drilling and Ranger Drilling. Founded in 2006, it operates a fleet of 96 mineral drilling rigs to support drilling programs throughout Australia. The prospectus indicates the business is expected to del...

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Jan 29, 2021
Geoscience job prospects hit high note going into 2021

Geoscience job prospects hit high note going into 2021

Australia’s geoscientists benefited from a sharp increase in employment opportunities in the final quarter of 2020, according to new survey results. The greatest improvement was evident in Western Australia, where unemployment fell from 8 per cent to 2.6 per cent, while in Queensland the unemployment rate fell from 9.4 er cent to 5.3 per cent, the Australian Institute of Geoscientists survey s...

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Dec 14, 2020
New owners in groundwork at Broadmeadow East

New owners in groundwork at Broadmeadow East

Bowen Coking Coal has mobilised a drilling team to conduct a coal quality and groundwater monitoring campaign at its Broadmeadow East project, near Moranbah. The company completed acquisition of the coking coal project from Peabody Energy in September for $1 million cash plus royalties of up to $1.5 million.  It has flagged plans to start mining by the end of 2021, creating up to 200 ongoin...

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Dec 11, 2020
Sumitomo backs next phase of Hillalong exploration

Sumitomo backs next phase of Hillalong exploration

Sumitomo is taking its backing for the Hillalong coal project in the Bowen Basin to the next level, confirming it will proceed with Phase 2 of a joint venture agreement. This follows a successful Phase 1 exploration program which resulted in a maiden JORC Resource of 43 million tonnes and confirmation that the Bowen Coking Coal project is able to produce a low-ash, high-quality coking coal. ...

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Aug 28, 2020
Positive coal quality findings for Hillalong North

Positive coal quality findings for Hillalong North

New washability and coal quality results from the Hillalong North project confirm potential for high quality coking coal at excellent yields, Bowen Coking Coal says. The company said today that early assessment had also confirmed the potential to produce various coking coal products, offering significant flexibility whilst maximising profitability. “The washability tests have indicated that...

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Aug 13, 2020
Geoscientists buck the COVID-19 jobs trend

Geoscientists buck the COVID-19 jobs trend

Employment rates for Australian geoscientists have improved in the face of the COVID-19 crisis. Nationally, unemployment decreased in the last quarter to 8.6 per cent from 10 per cent in the March quarter, according to the latest Australian Institute of Geoscientists report. Underemployment fell to 17.4 per cent from 18.1 per cent in the same period. “The level of improvement observed in...

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Aug 07, 2020
Count on mining to prevent COVID-19 spread

Count on mining to prevent COVID-19 spread

Queenslanders can count on the resources industry to continue to strictly comply with all government protocols to prevent the spread of COVID-19 in the community, said the Queensland Resources Council (QRC). The industry was working closely with the State Government and office of the Chief Health Officer (CHO) to prevent the spread of the virus, especially into regional areas, and will do what...

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