30 April 2020
The Monthly Mining News Roundup - April
Resolute Mining produces 5,470 ounces more than the previous quarter
Resolute Mining has lifted its quarterly gold production for the March period, which included the last gold pour at the Ravenswood mine in Queensland before it was sold to EMR Capital and Golden Energy and Resources (GEAR). Resolute produced 110,763 ounces of gold during the March 2020 quarter, which was 5,470 ounces more than production during the previous quarter.
Metro Mining recommences operations at Bauxite Hills mine
Metro Mining has recommenced operations at the Bauxite Hills mine in Queensland, with the addition of a night shift crew coming onboard this week. The mine's day shift team also exceeded budgeted rates based on four million wet metrics tonnes using six triple-trailers. This was achieved despite the wet conditions, which has prompted the cessation of mining and shipping at Bauxite Hills earlier this year.
QLD miners offer spare seats to local essential service workers and people in need of urgent travel
Queensland Resources Council CEO Ian Macfarlane said with the slashing of commercial air services to regional Queensland limiting travel options for those in regional communities, miners were stepping up to offer Queensland Health and other essentials agencies any spare seats on their charter flights. Seats are also available for people who need to urgently travel for health or family reasons.
600 new jobs expected as Adani awards contract to Martinus
Adani has awarded $220 million-plus contract to Australian rail company Martinus to build a critical section of its Carmichael coal rail network. Adani Mining chief executive officer Lucas Dow said the contract would deliver about 600 new jobs, which was more important than ever given the economic shifts being brought by the COVID-19 pandemic.
Anglo American & Komatsu plants 9000 trees to revitalise old mines
Anglo American has joined forces with Komatsu to rehabilitate the Dawson coal mine in Queensland’s Bowen Basin by planting 9000 trees. The “growing together” partnership is set to restore the land in old mine sites for agricultural use, with the new project adding to Anglo American’s $162 million worth of rehabilitation across its five Central Queensland mine sites. Workers from the two companies have already planted 4000 trees at the 90-hectare Dawson mine site, with assistance given by 40 students from Moura and Banana State Schools along with Traditional Owners from the Gangulu Nation.
BHP eases strain on local health facilities by establishing test centres
BHP will allocate $7.6 million from its recently created Vital Resources Fund to support the establishment of COVID-19 testing centres in Queensland as part of a partnership with local health care providers. The centres will be delivered in Moranbah and Proserpine by private health provider Vanguard Health and will enable patients to be tested for COVID19 after presenting clear symptoms of the virus. They will offer additional protection to the local community during the pandemic by keeping people who may be contagious away from other areas of hospitals and health centres, helping to reduce the potential for further spread of COVID19.
Mining exports drive Australian trade
An increase in Australia’s resources export revenue has underpinned a 29 per cent improvement in the value of Australia’s goods exports in March compared with the previous month. Based on preliminary estimates for Australian international merchandise released by the Australian Bureau of Statistics (ABS), exports of goods increased to $36.1 billion in March 2020 from the revised February 2020 merchandise trade estimate of $28 billion. The increase in March was predominantly driven by a $4.7 billion (20 per cent) increase in the value of exports of non-rural goods.