Digging deep at McPhillamys
(Image source: Regis Resources)

Digging deep at McPhillamys

Rocking the mining world recently is the saga surrounding Regis Resources Ltd McPhillamy’s gold mine in NSW with a heavy blow dealt to the future of the asset.

If you’re not up to date, here’s a condensed version of what’s happened so far.

In mid-August, Federal Environment and Water Minister Tanya Plibersek made a declaration to protect a significant Aboriginal heritage site from being destroyed to build a tailings dam at the mine.

She said her decision is not to stop the mine and that protecting cultural heritage and development are not mutually exclusive, however, Regis says this decision makes the mine non-viable.

Read a more in-depth analysis and exclusive interviews with Federal Shadow Indigenous Australians Minister and Northern Territory Senator Jacinta Price , Minerals Council of Australia chief executive Tania Constable and Chamber of Minerals and Energy of WA chief executive Rebecca Tomkinson in our October paper, out now.


Queensland Government approves 10 new projects to support Mount Isa jobs

These projects are being funded via the $20m Mount Isa Transition Fund.

Ahead of planned mine closes by resources giant Glencore Australia , the Queensland Government has approved 10 projects to support almost 500 local jobs in Mount Isa.

These projects are being funded via the $20m Mount Isa Transition Fund which includes $14.7m for program delivery costs associated with the projects and $5.3m for the Mount Isa City Council to implement projects identified through its own economic transition strategy.

Read more here.


Rio Tinto celebrates cultural stories with 19th Colours of our Country exhibition

(Image source: Rio Tinto) First held in 2006, Colours of our Country evolved from a pop-up exhibition originally commemorating 40 years of Rio Tinto’s iron ore operations in WA.

Art enthusiasts from WA and beyond are invited to experience the stories and culture of Pilbara Aboriginal artists at Rio Tinto 's annual Colours of our Country exhibition.

Now in its 19th year, the exhibition will be held at the Central Park building in Perth, from Monday, September 16, to Friday, September 27, and will showcase a vibrant collection of 160 unique Aboriginal artworks from 43 artists.

Read more here.


Factory acceptance testing completed for vanadium flow battery

The battery being transported to Horizon Power’s site in Kununurra where it will be installed and undertake site acceptance testing.

Australian Vanadium Limited has completed factory acceptance testing of a vanadium flow battery to be deployed at a Horizon Power site in Kununurra, WA.

The 220kWh vanadium flow battery, which can deliver up to 78kW of power, was purchased by Horizon Power for a long duration energy storage project.

Read more here.


UNSW Sydney to lead Australia and Germany green metals collaboration

The report explores the potential of creating a sustainable green iron and steel value chain between Australia and Germany.

Researchers from the University of New South Wales ( UNSW Sydney ) have released the first report exploring the feasibility of collaboration on hydrogen and green metals.

As part of the Australian Government ’s?Green Metals for Sustainable Steel from Australia and Germany?initiative, the Australian Department of Climate Change, Energy, the Environment and Water and the German Federal Ministry of Education and Research are exploring the potential of creating a sustainable green iron and steel value chain between the two countries.

Read more here.


Mining and resources sector on notice, 27,000 jobs on the line over five years

Mining commodities retaining their traditional strengths include coal (13 projects for 4,836 workers), iron ore (eight projects for 4,495 workers), gold (13 projects for 2,830 workers) and critical minerals (14 projects for 3,078 workers).

The AREEA - Australian Resources & Energy Employer Association has identified 107 new projects, worth about $131b and creating almost 27,000 jobs over the next five years.

WA alone?accounts for 48 new projects, or 44% of the investment pipeline, requiring at least 11,000 new workers by the end of 2029.

Read more here.


Whitehaven Coal and Viva Energy donate $30,000 for Walhallow infrastructure

According to Whitehaven Coal, 10.5% of its workforce identifies as Aboriginal or Torres Strait Islander people.

Whitehaven Coal has partnered with Viva Energy Australia to contribute to the Walhallow community infrastructure project, continuing the company’s commitment to supporting local communities and empowering Aboriginal and Torres Strait Islander groups.

Whitehaven donated $20,000, and Viva Energy added a further $10,000, boosting the efforts of the Walhallow Local Aboriginal Land Council to upgrade critical infrastructure within the community.

Read more here.


How long does it take to build a nuclear reactor in Australia?

China’s draft 14th Five-Year Plan (2021-2025) shows the Chinese Government plans to reach 70 GWe gross of nuclear capacity by the end of 2025.

China recently approved the build of 11 new nuclear reactors and, with the East Asian country having the fastest growing nuclear energy program in the world, we find out where Australia stands in the transition to reliable renewable energy and how long it might take to build a reactor here.

CSIRO ’s?GenCost 2023-24?report estimates a development timeline of at least 15 years for a nuclear reactor in Australia, including construction.

Read more here.


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Read the October edition here

Read these exclusive features in our October paper

A new vein: AI in the mining industry

Contributed by mining optimisation and automation subject matter expert Jason Nitz, MMinEng

(Image source: BHP) WAIO relies on a complex network of trains and ports.

A venture capital firm recently asked me to provide expert advice on an investment plan for mining technology.

They’d chosen several areas where mining technology had recently improved a process or system and completed a market analysis on the leading companies within those areas.

Read more here.


Ramelius Resources celebrates golden year

(Image source: Ramelius Resources) Eridanus mine.

The 2024 financial year was big for Ramelius Resources Limited , with the company posting record annual gold production across its operations and beginning mining at its newly acquired Cue project in WA.

Leading Australian mid-tier gold miner and ASX300-listed company Ramelius operates two processing hubs in WA, Mt Magnet in the Murchison region and Edna May near the town of Westonia in the Wheatbelt.

Read more here.


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