Latest News

Federal Government announces $392m program to boost industry growth The Federal Government has announced a new $392m Industry Growth Program, designed to provide support and advice to small-to-medium businesses and start-ups. The program aims to help these businesses commercialise their ideas and expand, providing grants and mentorship to increase the pipeline of investment-ready projects for the $15b National Reconstruction Fund. This investment is part of a broader commitment to industry growth, which includes a $101m investment in the responsible development of Australia's quantum and artificial intelligence industries. This funding will be used in conjunction with Australia's National Quantum Strategy, which was announced last week, and the $15b National Reconstruction Fund to position Australia as a leader in technological advancements that...

Bravus helps bring Meals for Mums to Rockhampton Bravus Mining and Resources is helping the White Cloud Foundation expand its Meals for Mums service into Rockhampton as part of the company’s enduring commitment to regional Queensland communities. Meals for Mums delivers 14 nutritious, ready-to-heat meals to mums who are experiencing, or at risk of experiencing, perinatal depression, as a complement to their clinical care. The ongoing partnership was announced at the White Cloud Foundation’s Boardies and Bubbles fundraising lunch in Townsville, QLD, and builds on the...

Minerals Academy workshop hammers home opportunities for future tradies Bowen State High School students have struck skills development gold after participating in a hands-on workshop delivered by the Queensland Minerals and Energy Academy (QMEA), the education arm of the Queensland Resources Council (QRC). Thanks to support from Abbot Point Operations (APO), about 20 Year 10 students from Bowen State High School have embarked on an exciting journey to become the mining industry's next generation of skilled tradespeople. QRC director of skills, education and diversity Katrina-Lee Jones says that with the...

Federal Budget update: what this means for the mining industry With the Australian government looking to boost the economy, it has made a number of announcements that will impact the mining industry in the years to come. Here’s what you need to know. Investment in the mining industry Despite a challenging environment, the outlook for the mining industry remains relatively positive, with investment expected to grow modestly over the next few years. Non-mining investment is expected to be the main driver of growth in business investment over the coming years, increasing by 4% in 2022-23, 2.5% in 2023-24 and 2% in 2024-25. Ongoing upgrades to machinery and equipment and continued expenditure on construction projects will drive growth throughout these years....

Budget provides boost to critical minerals The recently released Federal Government's Budget has outlined key measures to promote energy security and a low-carbon future. The Federal Budget includes significant funding for the critical minerals industry, which is crucial for the transition to a low-carbon future. Federal Resources Minister Madeleine King highlighted the importance of critical minerals in a statement. "Critical minerals including rare earths are crucial components of low-emissions technologies such as batteries, electric vehicles and solar panels," she said. “They will be increasingly important to global efforts to decarbonise and reach Paris commitments." The Federal Budget includes $57.1m for the established Critical Minerals International Partnerships Program and $21.1m to ensure the ongoing operation of the Critical Minerals Office. The...

MetalsGrove awards maiden drilling contract MetalsGrove Mining (ASX: MGA) has announced that it has signed a drilling contract with Topdrill Pty Ltd for a maiden reverse circulation (RC) drilling program at the Bruce REE Project in the Northern Territory. The program, which is set to commence in Q2 CY2023, will drill 2,000 metres and test high priority targets, including a broad conductor and a large intrusive system. The Bruce REE Prospect is located in the Arunta Project, north of Alice Springs, and covers an area of approximately 17,722 hectares. The recent completion of an aeromagnetic and surface geochemistry program at Bruce has identified a 1,000m X 600m intrusive system considered highly prospective for rare earth element (REE) mineralisation. MetalsGrove Mining...

Major mining companies ramp up decarbonisation efforts As the world moves towards a more sustainable future, the mining industry is under pressure to reduce its carbon footprint and embrace more environmentally friendly practices. This has led to a movement within the industry to explore decarbonisation strategies and technologies, with companies making significant investments to reduce their emissions and improve their sustainability credentials. Mining giants Rio Tinto (ASX: RIO) and BHP (ASX: BHP) are making significant strides in reducing their carbon footprint and improving their sustainability credentials, indicating a growing momentum within the industry towards more environmentally friendly practices. Rio Tinto's renewable energy storage efforts Rio Tinto has been making significant efforts to reduce its carbon footprint and increase the use...

Australia most attractive for mining investment as AMEC and MCA warn against red tape Australia is the leading mining jurisdiction in the world, with three states – WA, Northern Territory and South Australia – in the top 10 for investment, according to the Fraser Institute Annual Survey of Mining Companies 2022. The US and Canada also have three jurisdictions each in this year’s top 10, with Nevada topping the global list based on the Investment Attractiveness Index. WA is second on...

Faraday lithium mining proposal lodged with WA DMIRS Widgie Nickel Limited (ASX: WIN) has submitted its mining proposal and mine closure plan to the WA Department of Mines, Industry Regulation and Safety (DMIRS) for the Faraday lithium project. The submission is in relation to a lithium direct shipping ore (DSO) mining operation that the company is targeting to commence in the second half of 2023, whilst continuing exploration works on Faraday and the broader Mt Edwards project to develop a greater understanding of the overall lithium endowment across the company’s tenure. Widgie Nickel managing director Steve Norregaard says the team...

Abra mine resumes production Galena Mining (ASX: G1A) has resumed full production at its Abra lead and silver mine following the significant rainfall event in March that impacted operations. The mine has been restocked with essential consumables and mining and processing plans have been implemented for May and the remainder of the June quarter. Galena Mining managing director Tony James says April operations were limited due to the loss of the roads to site following the March rain, which interrupted the continued ramp-up of Abra mining and processing operations. “The mine has now resumed its activities and is working...

Greatland Gold announces plans to list on the ASX Greatland Gold (LSE: GGP), a leading mining development and exploration company, has announced its plans to list on the ASX later this year. This move is a significant milestone for the company, as it seeks to enhance its capital markets profile, provide access to deeper pools of capital to support longer-term growth, and increase equity research and institutional investor ownership of the company. Greatland's flagship asset, the world-class Havieron gold-copper project, is presently under development in joint venture with ASX gold major, Newcrest Mining Limited. To support its growth strategy and ASX listing, Greatland has appointed Yasmin Broughton as an Independent Non-Executive Director of the Company. Broughton's expertise in corporate law,...