Industry News

 

Plans to keep mining and gas sector operating The national cabinet will consider measures to ensure Australia’s mining and gas industries can continue operating through the COVID-19 crisis with state and territory travel bans impacting flights and non-essential staff. read more »

Miners look to manage FIFO workforce amid travel bans Big miners are confident their reliance on fly-in fly-out (FIFO) workforces is sustainable amid tougher domestic travel restrictions, as the mayors of mining towns say they would embrace any shift back to residential workforces. read more »

Government cash to help METS companies keep staff The federal government has announced a new $66 billion stimulus package, increasing the “safety net” for businesses affected by the coronavirus pandemic. read more »

BHP to hire 1500 workers nation-wide Mining giant BHP plans to hire 1500 workers across its iron ore, coal and copper operations to help ease significant job losses expected from the coronavirus pandemic. read more »

Export earnings to hit record despite virus Australia’s resource and energy export earnings are forecast to hit a record of $299 billion in 2019–2020 despite the impact of the coronavirus outbreak. read more »

Solar projects hit with delays and price increases PwC has released a report looking at the impact COVID-19 is having on Australia’s renewables and solar sector, which found that the virus outbreak will impact manufacturing and the supply of key equipment and materials used in the construction of solar energy facilities in Australia. read more »

Santos reviewing all capital expenditure Santos is reviewing all its capital spending plans in light of the collapse in oil prices and will stop all new hiring. read more »

Victoria to reopen onshore gas industry The Victorian government has unleashed a storm of controversy over gas as a fuel source as it advised it would scrap its moratorium on onshore conventional gas from mid-2021, opening up the possibility for new supplies that could offset declines from the Bass Strait. read more »

Resources sector better equipped to deal with virus crisis The scars from the last downturn have left the resources sector relatively well-positioned to survive the coronavirus crisis, with balance sheets across the industry in a far stronger state than in other major downturns. read more »

COVID-19 case at Canadian mining conference Australia’s mining sector is scrambling to deal with possible exposure to the coronavirus after a delegate to the world’s biggest mining conference in Canada was diagnosed with COVID-19. read more »

Crash poses no immediate threat to mine projects There is no immediate threat to billions of dollars of investment in new mines and jobs despite Australia's iron ore giants copping a brutal share price hammering. read more »

METS companies keen to engage in India The Mining Equipment, Technology and Services (METS) sector from Australia is ardent on establishing a partnership with Indian companies from energy and resources sectors, but they want a certain and continuous form in the policy framework. read more »

Australia to lead world in gold production Australia is set to overtake China as one of the world’s largest gold producers by the end of the decade, driving growth alongside Russia and Canada, according to Fitch Solutions. read more »

GE Renewable Energy eyes Covid-19 supply chain risk GE Renewable Energy says mitigating the impact of the coronavirus on its enormous wind energy generation supply chain will be one of its top-four focuses in 2020, with plant shutdowns in China already forecast to dent the bottom line of parent company General Electric. read more »

WA tops world rankings for mining investment Western Australia has become the top mining jurisdiction for investment, according to Fraser Institute’s annual survey of mining company rankings. read more »

Gladstone central to green hydrogen project Gladstone has been selected as the location for The Hydrogen Utility’s (H2U) latest project, H2-HubTM Gladstone, a proposed multi-billion dollar chemical complex for the production of green hydrogen and ammonia at industrial-scale. read more »

METS companies benefit from FTA with Peru The Australian minerals industry has access to new export markets and investment opportunities with the Peru-Australia Free Trade Agreement (PAFTA) now in force. read more »

RES and Standards Australia present at first MESCA briefing More than 70 representatives of mining and energy supply chain companies attending the first MESCA Project Briefing of the year in Brisbane on February 18. read more »

Peabody commits to coal despite North Goonyella sale Peabody Energy says it remains committed to coal mining in Australia, despite launching a sale process for a troubled Queensland asset that was once its most profitable mine. read more »

Federal backing for HELE coal power station in North Queensland THE Morrison Government has given its strongest backing yet for a new coal-fired power plant as it seeks to boost baseload reliability and support jobs in north Queensland. read more »