Australian Mining https://www.australianmining.com.au Australia's home for mining industry news Mon, 26 Jun 2017 07:22:46 +0000 en-AU hourly 1 https://wordpress.org/?v=4.7.2 Monadelphous wins $170m of new contracts https://www.australianmining.com.au/news/monadelphous-wins-170m-new-contracts/ https://www.australianmining.com.au/news/monadelphous-wins-170m-new-contracts/#respond Mon, 26 Jun 2017 02:13:24 +0000 https://www.australianmining.com.au/?p=168267 Monadelphous has secured new construction and fabrication contracts, including in the liquefied natural gas (LNG) industry, worth a combined $170 million.

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Monadelphous has secured new construction and fabrication contracts, including in the liquefied natural gas (LNG) industry, worth a combined $170 million.

The engineering company has been awarded a new contract with JKC Australia LNG for structural, mechanical, piping, electrical and instrumentation works for the completion of the gas turbine generators and the associated steam piping of the combined cycle power plant at the Ichthys project’s onshore LNG facilities in Darwin.

Monadelphous has been awarded a series of LNG contracts in recent months, including a long-term agreement with Ichthys owner INPEX to deliver operational, campaign and shutdown maintenance services and brownfield projects implementation.

The Perth-based company was also awarded a subcontract for structural, mechanical, piping, electrical and instrumentation work for Kawasaki Heavy Industries on the cryogenic tanks at the Ichthys project earlier this month.

In addition to the new Ichthys work, Monadelphous’ China-based fabrication business, SinoStruct, won a contract to supply about 7000 tonnes of structural steel, plate work and conveyors to Kiewit Corp.

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A dozen Komatsu 830E trucks to arrive next month https://www.australianmining.com.au/news/dozen-komatsu-830e-trucks-arrive-next-month/ https://www.australianmining.com.au/news/dozen-komatsu-830e-trucks-arrive-next-month/#respond Mon, 26 Jun 2017 02:11:25 +0000 https://www.australianmining.com.au/?p=168269 National Plant & Equipment will soon welcome 12 new Komatsu 830E electric drive haul trucks to Australia.

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National Plant & Equipment will soon welcome 12 new Komatsu 830E electric drive haul trucks to Australia.

At just under seven metres high and eight metres wide, the Komatsu 830E is a leader in the 240-tonne class mining truck, delivering one of the lowest cost per tonne solutions for mining companies.

According to National Plant & Equipment, the arrival of 12 new Komatsu 830Es is “fairly uncommon” in the Australian marketplace.

“Despite being in high demand, these trucks are extremely difficult to come by in Australia due to their size and cost of acquisition,” National Plant & Equipment chief executive officer Mark Ackroyd said.

The fleet of dump trucks is expected to arrive at the Port of Brisbane in July where an arrangement of heavy haulage vehicles and low loaders, including 10 line steerable drake trailers, will be waiting to transport the vehicles to National Plant & Equipment’s yard in Yatala.

It is at the yard in Yatala, where the dump trucks will be assembled, within a month, by an experienced team of 20 personnel on what will be a 24/7 project, all of which will be captured for a time lapse production.

“With the interest that the purchase of this equipment has amassed, we wanted to give the industry a rare insight into what it takes to assemble these sizeable dump trucks,” Ackroyd said.

“This is one of the largest simultaneous equipment builds that our team will have accomplished, especially on a tight timeframe.”

According to National Plant & Equipment, the haul trucks will immediately be available following the arrival process.

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BHP investment in South Flank iron ore project to generate hundreds of jobs https://www.australianmining.com.au/news/bhp-investment-south-flank-iron-ore-project-generate-hundreds-jobs/ https://www.australianmining.com.au/news/bhp-investment-south-flank-iron-ore-project-generate-hundreds-jobs/#respond Mon, 26 Jun 2017 01:15:30 +0000 https://www.australianmining.com.au/?p=168263 BHP is moving ahead with development of the South Flank iron ore project as a potential replacement for production from the ageing Yandi operation in the Pilbara region of Western Australia.

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BHP is moving ahead with development of the South Flank iron ore project as a potential replacement for production from the ageing Yandi operation in the Pilbara region of Western Australia.

The company today approved a $US184 million ($244 million) investment in South Flank, reinforcing this view of the project’s future.

BHP’s initial funding for the $US3.2 billion South Flank project is expected to generate hundreds of construction jobs and provide opportunities for WA suppliers, BHP Australian operations president Mike Henry explained.

South Flank, which will leverage and expand the existing Mining Area C hub, remains BHP’s preferred option to replace production from the 80Mtpa Yandi mine when it reaches the end of its economic life next decade.

The project is expected to be submitted for board approval in mid-2018, with first ore targeted in 2021 and ramp-up timed to coincide with the ramp-down of Yandi.

Full development of South Flank would generate several thousand jobs during construction.

Henry said the capital-efficient South Flank project was a compelling option to replace Yandi production and offered attractive returns.

Its high-grade lump and fines ore and a strip ratio in line with the BHP WA Iron Ore (WAIO) average would establish it as a highly-competitive operation.

The initial funding will be used primarily for the expansion of accommodation facilities to support current and future workforce requirements.

“As well as supporting our current operational requirements, this work will advance potential first ore from South Flank, while we further optimise the full development and progress external and internal approvals,” Henry said.

“As we have said previously, a continuing stable investment environment in Western Australia is required to underpin ongoing investment in the business, including this project.”

The capital cost for South Flank is expected to be in the range of $US30-$US40/tonne, with expenditure fitting within WAIO’s previously indicated average sustaining capital expenditure of $US4/tonne over the next five years.

“The capital efficiency of South Flank is underpinned by the planned use of existing infrastructure at the Mining Area C operation, which would, if approved, become one of the largest standalone iron ore processing centres in the world, within reach of several billion tonnes of high-grade ore,” Henry said.

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AMEC takes aim at WA mines department for ‘financial incompetence’ https://www.australianmining.com.au/news/amec-takes-aim-wa-mines-department-financial-incompetence/ https://www.australianmining.com.au/news/amec-takes-aim-wa-mines-department-financial-incompetence/#respond Mon, 26 Jun 2017 00:46:09 +0000 https://www.australianmining.com.au/?p=168260 The Association of Mining and Exploration Companies (AMEC) has slammed the Western Australian Department of Mines and Petroleum (DMP) for leaving a mine safety levy and trust fund $10 million in deficit.

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The Association of Mining and Exploration Companies (AMEC) has slammed the Western Australian Department of Mines and Petroleum (DMP) for leaving a mine safety levy and trust fund $10 million in debt.

AMEC chief executive officer Simon Bennison said the financial incompetence of the DMP to manage a mine safety levy and trust fund has been exposed.

“The WA Minister for Mines and Petroleum, Hon Bill Johnston has advised that a levy paid by the mining industry for the full costs attributable to the mines safety branch of DMP will increase by 33 per cent for the 2017/18 year,” Bennison said.

“In managing a $30 million annual operating budget the government has now found that the trust fund is approximately $10 million in deficit. Operating costs have increased by over 50 per cent in five years with no clear explanation.

“This is an unbelievable and unsatisfactory development which will have a major cost impact across the whole mining and mineral exploration industry.”

AMEC has pursued an explanation for how this could have happened and what action the DMP took to ensure its expenses were covered by the annual levy, Bennison added.

“There is a complete lack of transparency and accountability around the Mines Safety Levy, and how it is calculated. This needs to be addressed immediately,” Bennison said.

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Metro secures Bauxite Hills environmental approval https://www.australianmining.com.au/news/metro-secures-bauxite-hills-environmental-approval/ https://www.australianmining.com.au/news/metro-secures-bauxite-hills-environmental-approval/#respond Mon, 26 Jun 2017 00:27:41 +0000 https://www.australianmining.com.au/?p=168256 Metro Mining has received final environmental approval for the Bauxite Hills mine in North Queensland.

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Metro Mining has received final environmental approval for the Bauxite Hills mine in North Queensland.

The company secured all of the clearances it requires to proceed with the development within two years of launching the approvals process.

Based on Metro’s bankable feasibility study for the operation, planned production for the Bauxite Hills mine is 2Mtpa, increasing to 6Mtpa over the first four years.

Construction is due to start next month with first production due in second quarter 2018.

Metro managing director Simon Finnis said securing the approvals was the culmination of an extensive environmental assessment and community consultation process.

“It allows Metro to continue to rapidly progress its mine development and construction plans,” Finnis said.

“Achieving this milestone within only two years is a credit to the hard work and expertise of the Metro team and demonstrates the strong support Metro has secured from all levels of local, state and federal government stakeholders.”

The environmental approvals allow Metro to produce up to 10Mtpa at Bauxite Hills. It is expected the mine will employ up to 200 people when operational.

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