News

  • Record high external administrations and B2B defaults

    NEWS

    New report exposes record high administrations and defaults

    The latest CreditorWatch Business Risk Index (BRI) for March 2024 has exposed a worrying trend for Australian businesses, with external administrations hitting a record high. Factors such as cost pressures, ... more

  • Gold surges 30 per cent amidst economic uncertainty

    NEWS

    Gold surges 30 per cent amidst economic uncertainty

    Gold prices have seen a remarkable surge of around 30 per cent since the fall of 2023, marked by several spikes that are not easily attributed to specific events or fundamentals. According to European invest... more

  • Summit Minerals expands portfolio with strategic acquisition in Brazil

    NEWS

    Summit Minerals expands portfolio with acquisition in Brazil

    Summit Minerals Ltd (SUM) has announced the signing of binding agreements to acquire extensive niobium, rare earth elements (REE), and lithium tenements in Minas Gerais and Paraíba, Brazil. The acquisition ... more

  • RSHQ demonstrates ‘Power of Explosives’

    NEWS

    Power of explosives on show in bid to achieve zero serious harm

    To enhance education and safety in the resources sector, Resources Safety and Health Queensland (RSHQ) recently hosted its annual 'Power of Explosives' event at the Helidon Explosives Reserve. The event, whi... more

  • New report exposes record high administrations and defaults
  • Gold surges 30 per cent amidst economic uncertainty
  • Summit Minerals expands portfolio with acquisition in Brazil
  • Power of explosives on show in bid to achieve zero serious harm
Collaborative report details copper mining’s path to net zero

Collaborative report details copper mining’s path to net zero

A new report is paving the way for copper mines to achieve net zero emissions — this report, titled Ventilation and Emission Reporting, is the latest roadmap in a series aimed at steering the copper mining industry towards sustainability. It follows previous roadmaps that addressed water management, materials movement, and mineral processing. The report is the result of a collaborative effort involving the resources sector, government bodies, universities, and the mining technology industry. It outlines innovative strategies to help the copper industry adopt more sustainable mining practices, emphasising the crucial role of ventilation in underground mines and the challenges associated…
Opposition Leader vows to revitalise uranium mining in WA

Opposition Leader vows to revitalise uranium mining in WA

Western Australian Leader of the Opposition Libby Mettam has announced plans to reinvigorate uranium mining in the state, aiming to streamline the environmental approval process for uranium miners to align with other minerals. This proposal, which is part of Mettam's election platform for 2025, includes lifting the ban on new uranium mines in Western Australia if her party comes into power. The Minerals Council of Australia (MCA) has praised Mettam's commitment, highlighting the potential economic and environmental benefits of revitalising uranium mining in Western Australia. The MCA believes that treating uranium like other minerals in the state's mining sector will…
NSW government bans seabed mining to protect coastline

NSW first state in Australia to ban seabed mining

The New South Wales government has taken a significant step towards protecting the state's beaches and coastal environment by introducing a ban on seabed petroleum and mineral mining off the NSW coast. This move makes NSW the first state in Australia to prohibit seabed petroleum and mineral exploration and mining, showcasing a commitment to safeguarding marine ecosystems. The Environmental Planning and Assessment Amendment (Seabed Mining and Exploration) Bill 2024, which received bipartisan support in the NSW Parliament, amends the Environmental Planning and Assessment Act 1979 to enforce the ban. The legislation prohibits seabed petroleum and mineral exploration and recovery in…
Curtin provides insight into mental health in WA mining

Curtin study shows sexism and misogyny persist in WA mining

New findings — from the MARS Program Landmark Study — share insight that while reports of unwanted sexual attention and sexual coercion are decreasing in Western Australia's mining sector, gender-based put-downs, condescension, and offensive sexist remarks remain prevalent. MARS Program Landmark Study Chief Investigator and John Curtin Distinguished Professor Sharon Parker said: "Our research found one in three mining workers experiences emotional exhaustion regularly, indicating high levels of burnout. Disturbingly, covert forms of sexual harassment, including sexism and misogyny, persist.” The study, conducted by researchers from the Centre for Transformative Work at Curtin University, surveyed over 2,500 workers and conducted…
Fatality at the Mt Clear gold mine in Ballarat, Victoria

Fatality at the Mt Clear gold mine in Ballarat, Victoria

Two miners were trapped by falling boulders in a Ballarat mine when it collapsed, resulting in the death of one of the miners. One miner, a 21-year-old from Ballarat, was stabilised and rescued with serious injuries, while the other, a 37-year-old man from Bruthen, was found dead. The incident occurred approximately three kilometres underground, and concerns had been raised about the mining style. Australian Workers Union Victoria State Secretary Ronnie Hayden said: "Our members have raised concerns about this style of mining and it seems to have fallen on deaf ears.” The union was called to the mine after the…
Rail

Rail operator on track to reduce resources sector emissions  

The Australian Renewable Energy Agency (ARENA) has announced $9.4 million in funding to a new project to electrify rail freight transport of commodities. The grant to Aurizon Operations Limited (Aurizon) will contribute to an $18.8 million ‘Battery Powered Tender for Heavy Haul Fleet Decarbonisation’ project and is a world-first proof of concept rail tender. The Project will develop, test and trial a battery electric tender, to power a diesel-electric locomotive in a hybrid diesel and battery configuration, working to cut emissions from Australia’s resources industry. ARENA CEO Darren Miller said the project is addressing an emissions challenge in one of…
awards

High achievers celebrated at this year’s QLD resources awards

Three engineers, a dragline operator and a workplace support manager have taken out this year’s Resources Awards for Women. The event was hosted on International Women’s Day by the Queensland Resources Council (QRC) and Women in Mining and Resources Queensland (WIMARQ) to celebrate the contribution of women to the state’s number one export industry. The mining and energy sector, which contributed a record $116.8 billion to the state economy last financial year and supports the jobs of more than 530,000 people, contributes 80 per cent of the Queensland's total export earnings. Exceptional Woman in Queensland Resources award was presented to…