The Queensland Government is fast tracking the CopperString 2.0 high voltage transmission line to provide cheaper power and turbo-charge investment across the North West Minerals Province.
The hunt for “new economy minerals” continues for mining exploration companies in North Queensland as they compete for state government funding.
Queensland’s coordinator-general has announced the two remaining key approvals for Adani’s Carmichael coal mine and rail project will be finalised in the next three weeks.
Stay on top of the most read articles on the Australian Mining website over the past week, including the ongoing rise of iron ore prices in 2019.
The latest Australian Bureau of Statistics trade figures have revealed that the value of Queensland exports has surged over the past year to yet another record high for the state.
Resolute Mining’s Ravenswood gold mine in Queensland has avoided damage from the the extreme weather affecting the state over the past few weeks.
Zinc producer Sun Metals Corporation is set to deliver hundreds of new roles to Queensland following state government approval of a $300 million expansion to its refinery 15km south of Townsville.
India’s Adani has reportedly completed financing of the Carmichael coal mine and is close to securing funds for the rail component of the project.
The Queensland Government has reinforced that it will not provide funds to Adani for the development of the Carmichael coal mine and infrastructure.
Queensland Premier Annastacia Palaszczuk has sent a letter to Prime Minister Malcolm Turnbull requesting a veto on a $1 billion concessional loan from the Northern Australia Infrastructure Facility (NAIF) for Adani’s North Galilee basin railway project.
Development of Adani’s Carmichael coal project appears more certain following a visit to India by Queensland Premier Annastacia Palaszczuk last week.
Queensland’s government is creating new roles and taskforces to promote mining and resources in the state.
The Palaszczuk government will need to step up to restore business confidence or risk losing Adani’s interest in the Carmichael coal project, IPA said.
Confusion has arisen over QLD Labor’s FIFO policy following clarification over frontbencher Jackie Trad’s comments yesterday.