Tag: Dr Anthony Lynham

Bowen Basin Mining: In the Black

Bowen Basin Mining: In the Black

Vitrinite team members with a core sample taken from their Karin deposit. Image: Vitrinite. BY ELIZABETH FABRI BOWEN Basin locals may be quick to talk down another coal boom, but there is no question confidence is returning to the region. An upturn in coal prices is boosting new exploration and development, M&A activity, mine expansions, and prompting companies to reopen shuttered operations. But can recent momentum be sustained? Optimism has returned to the coal-rich Bowen Basin in central Queensland. In late 2016 recovering coal prices signalled hope – dampened only slightly when Cyclone Debbie rocked the region in 2017. And by early this year many Bowen Basin miners were wearing a smile again. Take Anglo American; the miner...

Mining North West QLD: Rejuvenation

Mining North West QLD: Rejuvenation

MMG’s Dugald River zinc mine near Cloncurry, QLD. Image: MMG. BY CAMERON DRUMMOND INITIATIVES by the Queensland Government to boost exploration and support employment diversification aim to attract investment and protect employment in the region from the cyclical nature of the resources sector. However some feel that addressing high energy prices as a priority may do more to lift North West QLD’s economy. Covering 10 local government areas, the 375,000sqkm North West Minerals Province (NWMP) contains major copper, lead, zinc, silver and phosphate deposits and well defined rare earths potential. The NWMP is home to about 34,500 residents, mostly based in Mt Isa, with 60 per cent of jobs that directly or indirectly support the mining industry. The...

QLD releases exploration strategy

QLD releases exploration strategy

MMG’s Dugald mine in QLD’s North West Minerals Province. Image: MMG. BY CAMERON DRUMMOND THE QLD Government has put in place a blueprint to drive the next wave of resources development in in the State’s North West Minerals Province. QLD State Development minister Dr Anthony Lynham unveiled the blueprint on 19 July, which was created to stimulate exploration investment and identify new job-creating prospects. “The blueprint represents the combined efforts of government, industry and business stakeholders from across North West Queensland to facilitate a strong and prosperous future for this important region,” Dr Lynham said. Underpinned by $39m of funding from the recent State Budget, the blueprint is designed to build on existing measures such as...