Queensland’s far north is facing a major flooding crisis, as torrential rains have led to rivers overflowing and roads being cut off. This extreme weather event in Australia has put homes in jeopardy, with more heavy rain forecast in the coming hours. Major Rivers Flooding: According to Dean Narramore, senior meteorologist at the Bureau of […]
Rio Tinto, a leading global mining group, has announced the approval of a significant renewable energy project for its Amrun bauxite operations near Weipa in Queensland, Australia. The project includes a 12.4MW solar farm and 8.8MVa/2.1MWh of battery storage. This initiative is a key part of Rio Tinto’s global decarbonisation strategy, aimed at reducing emissions […]
An astonishing number of rats, some dead and some alive, have swarmed the shores of northern Australia, particularly in Queensland, creating a scene straight out of a horror movie. This spike in the rat population, believed to be induced by the rainy season, has left residents of areas like Karumba and Normanton in a state […]
Renegade Exploration Limited (ASX: RNX) has announced new high-grade copper (Cu) rock chip results at its Cloncurry Project in Queensland, Australia, indicating a potential extension of copper mineralisation for up to 800 meters. This development suggests that the mineralisation could extend west from the Great Australia Mine, through the Taipan deposit-Paddock Lode mine, to the […]
True North Copper Limited has confirmed the receipt of firm commitments for an A$15 million two-tranche placement for the restart of the Great Australia Mine apart from marking a significant milestone in the company’s financial strategy. This placement, which includes approximately A$10.7 million in cash and A$4.3 million in converted debt, received strong support from […]
In a significant move by the Queensland Government, 29Metals Limited’s Capricorn Copper project has been granted ‘Prescribed Project’ status. This declaration is a nod to the importance of supporting mining activities in the northwest Queensland region. The Capricorn Copper Recovery and Extension Project has received a significant boost, as this status will facilitate the ongoing […]
Regis Healthcare Limited (ASX: REG), a prominent player in the Australian healthcare sector, has announced its acquisition of CPSM Pty Ltd, a private residential aged care provider, for a net consideration of $74.2 million. The transaction, which is expected to complete on December 1, 2023, also includes the assumption of a RAD liability of approximately […]
In a significant mining transaction, BHP and Mitsubishi Development Pty Ltd (MDP) have inked Asset Sale Agreements for the divestment of the Blackwater and Daunia mines. These mines are integral to the BHP Mitsubishi Alliance (BMA) metallurgical coal joint venture in Queensland, where both BHP and MDP have an equal 50% stake. Breaking Down the […]
Pacific Partnerships, a subsidiary of the CIMIC Group, has clinched the development rights for Queensland’s 300MWdc Hopeland Solar Farm. This acquisition marks Pacific Partnerships’ second venture into large-scale solar projects, affirming its position as a frontrunner in the realm of renewable energy. Backed by its specialized division, Pacific Partnerships Energy, the company is poised to […]
Informatica, the preeminent enterprise cloud data management entity listed on NYSE as INFA, has confirmed its strategic partnership with P&N Group, Australia, involving both Informatica and Snowflake, the esteemed Data Cloud company. This collaboration aims to fortify cloud analytics modernization, encompassing Informatica’s Intelligent Data Management Cloud’s AI-infused cloud-native services. These services, which comprise data ingestion, […]