Victoria

The Victorian mineral sands industry presents a figurative gold mine for those in a position to dip their toes in, but regulation and approvals remain a barrier to success in the region.

Kalbar Operations has applied for a mining licence for its Fingerboards project in Victoria’s Gippsland region, adding to the potential for a mineral sands hub in the state.

Kirkland Lake Gold has achieved higher gold grades at the Fosterville mine in Victoria following changes to mine sequencing, pushing it to another record quarter.

A major flood risk at Victoria’s Yallourn coal mine has been stabilised but remains critical, as EnergyAustralia continues to develop a permanent fix for the situation.

E79 Resources has hit massive gold grades at the Happy Valley gold prospect in Victoria, striking more than 100 grams of gold per tonne.

The Victorian minerals sector has set a new record for exploration expenditure, according to the latest quarterly results from the Australia Bureau of Statistics (ABS).

Earth Resources Regulation has flagged that mining, equipment, technology and services (METS) companies can receive funding from the Victorian Government’s research and development (R&D) cash flow loans initiative.

Victoria’s gold industry production value has jumped by almost $1 billion in the past year, according to Earth Resources Regulation Statistical Report 2019-2020.

White Rock Minerals is set to acquire AuStar Gold for $23 million in a deal that will help it become an Australian gold producer.

Kirkland Lake Gold has outlined zero harm and a lower environmental footprint in its requirements for technology innovation at the Fosterville gold mine in Victoria.

The Victorian Government is hoping to ramp up minerals licenses across the state to bolster the state’s economy as it recovers from the economic impact of COVID-19.

Stavely Minerals has uncovered one of its best drilling results to date  at the Cayley Lode at the Thursday’s Gossan prospect, part of its Stavely copper-gold project in Victoria. 

It is well established that Victoria’s mining prospects are receiving a surge in interest, with a number of projects in the pipeline that are ready to move the state into new possibilities as one of the country’s vital mining jurisdictions.

Mining services based in metropolitan Melbourne will be forced to shut down after the state government announced stage 4 restrictions to stop the spread of COVID-19.

South Australia has warned that Victoria’s mining equipment, technology and services (METS) sector is likely to face disruptions following changes to the former’s COVID-19 travel rules.

Victoria is set to defer the collection of $3.5 million in rent and annual fees until January next year to give an immediate boost to mining and exploration companies.

Australia’s mining, resources and energy industry has received healthy salary growth despite an overall drop in SEEK job advertisements, according to a recent employment data report from the company.

Western Australia has become the top mining jurisdiction for investment, according to Fraser Institute’s annual survey of mining company rankings.

Kirkland Lake Gold has unearthed record production levels for the 2019 calendar year due to Fosterville’s revival of Victoria’s gold mines.

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