A series of tests using deep-penetration technology in Western Australia could prove to be a game changer for the minerals exploration sector.
Chevron Australia has purchased three exploration interests in the Carnarvon Basin offshore Western Australia, comprising 50 trillion cubic feet of gas resources over an area of 23,170 square kilometres.
The program provides a more systematic process for releasing resource exploration tenders and to further bolster the state’s $20 billion-plus resources sector, according to the Queensland Government.
A prototype, coiled tubing (CT) drilling rig being developed by a research centre in Victoria has entered its second major field trial, promising cheaper, faster greenfields mineral exploration.
Australia’s mining industry continues to spend more on exploration after several years in the doldrums for the sector.
Ausgold has secured a $150,000 grant through the Western Australian Government’s Exploration Incentive Scheme (EIS), which will be used to conduct drilling activities at its Katanning gold project.
The Australian Government plans to revive greenfields exploration through a new scheme.
MOD Resources plans to double its exploration budget at the Botswana copper project to $10 million.
The Western Australian Government plans to continue funding the $10 million a year Exploration Incentive Scheme (EIS).
Construction of the $800 million Northern Gas Pipeline, which will run from Tennant Creek to Mount Isa, has been launched.
Latest research from BDO shows there has been a broad recovery in the resources sector, highlighted by the resurgence in the number of initial public offerings (IPOs) and another expected increase in cash outflows for the June 2017 quarter.
The latest mineral exploration data released by the Australian Bureau of Statistics (ABS) show that activity in Australia continues to fall.
The Queensland department of natural resources and mines (DNRM) has granted the final heritage approval for Carbine Resources’ Mount Morgan gold copper project, southwest of Rockhampton.
The Australia Government’s decision to dump the exploration development incentive (EDI) is a betrayal of the mineral exploration industry in the country, according to the Association of Mining and Exploration Companies (AMEC).
As mining companies search deeper underground for mineral deposits, the ability to find major resources more efficiently and cost effectively remains a challenge.
Seven mining companies in Queensland have received a funding from the state government to support their exploration activities in the North West.
The improvement in employment prospects that Australia’s geoscientists experienced during 2016 came to an end in the final quarter of the year, according to the Australian Institute of Geoscientists (AIG).
Exploration activity in Australia has been noticeably lower for the past five years, but there are signs of optimism.
Brisbane based company Gap Geophysics has developed new technologies to investigate further depths during mineral exploration.
Exploration budgets in Australia continue to fall, according to a new report from S&P Global Market Intelligence.