News

Townsville firm to lead $55m port project

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Local business CivilPlus Constructions has won the construction contract for the primary wharf works component of the $55 million Berth 4 upgrade at the Townsville port. Construction is expected to commence next month, with the upgraded facility expected to start operating in late 2017. Port of Townsville chief executive officer Ranee Crosby said that the Read More

Administrators halt Baralaba coal operations

Cockatoo Coal’s Baralaba mine in Central Queensland is being placed on care and maintenance to preserve cash and the asset value while administrators from PPB Advisory continue assessments. The administrators were appointed in November and have been investigating options including a restructure or the sale of the mine. In an announcement to the ASX this Read More

Amrun briefing emphasises local involvement

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Rio Tinto will spend $1.5 billion in Queensland developing the Amrun bauxite project on Cape York. Rio is delivering briefings around the far north and the Cairns event last night drew more than 230 representatives with a stake in the supply chain. General manager of Amrun development Greg Rushford said the project underwrote the operational Read More

Report highlights coal calamity

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A third of Queensland’s coal mines are operating at a loss, a new report shows. The study by Wood Mackenzie was commissioned by the Queensland Resources Council as a part of its quarterly State of the Sector report. It has prompted calls from QRC chief executive Michael Roche for more support for the sector from Read More

CQ brickies join Vegas block party

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Laying 109 blocks in 20 minutes was not enough to make the winners’ podium for two Central Queensland men taking on a Fastest Trowel on the Block challenge in Las Vegas. Brothers Jack and Pat Sommerfeld of Mackay represented Australia in the contest during the 3rd annual Mason Contractors Association of America Convention. The pair, Read More

NQ dams focus of funding push

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Pictured: Townsville Enterprise general manager economic development Tracey Lines and Federal Member for Herbert Ewen Jones look over the local submission to the National Water Infrastructure Development Fund. Townsville Enterprise has put forward a submission to secure a share of the Federal Government’s $25 million National Water Infrastructure Fund for the region. The economic development Read More

QGC makes supply simpler for local firms

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PIC: Western Auger Drilling at work for QGC in the Western Downs. QGC has launched a new policy and strategy to make it simpler for community and regional businesses to be part of its supply chain. The move comes as works start to roll out for the $1.7 billion Charlie development in the Surat Basin, Read More

Isaac Plains primed for restart

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Stanmore Coal says its Isaac Plains mine near Moranbah in Central Queensland is on track to produce its first coal shipments in April. The company awarded a three-year mining contract in December to Golding Contractors, who assume full site responsibilities from this week. Production drilling and coal processing plant refurbishment work began in January, according Read More

AGL turns down the gas

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AGL is backing away from gas exploration and production, with plans to sell a range of Queensland CSG assets. In an announcement today, the energy giant said those activities would no longer be a core business for the company due to the volatility of commodity prices and long development lead times. It plans to sell Read More

Chinatown land deal sinks

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PIC: Whitsunday deputy mayor Andrew Willcox. Whitsunday Regional Council has terminated its agreement to sell 45-71 Waterson Way, Airlie Beach to the developer behind the proposed $300 million Chinatown project. Whitsunday Chinatown Investments had until 4pm on Wednesday, February 3 to provide the council with the purchase price balance of $2.5 million and a bank Read More

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