Glencore has entered into a binding agreement for the sale of its 100% interest in Ernest Henry Mining Pty, the owner of the Ernest Henry Mining (EHM) copper-gold mine in Queensland, to Evolution Mining. The FTSE 100 commodity trading and mining giant will receive A$1 billion,...
Queensland’s Treasurer Cameron Dick has called on the government to take a financial stake in Virgin Australia, calling it a bid that it ‘can’t afford not to make’ with the airline currently in danger of collapse. The carrier - with its headquarters in Brisbane - went...
BHP has announced it will allocate an extra AUS$7.6 million from its recently created Vital Resources Fund to support the establishment of COVID-19 testing centres in Queensland, Australia. The mining giant last month created a $50 million Vital Resources Fund to support regional Australian communities near...
Australia’s main heavy industries trade union has called for a temporary stoppage of production at all Queensland mines after a fourth fatality in just six months occurred at a mine site on Sunday. A 27-year old man suffered fatal head injuries at the Baralaba North coal...
Fresh research from consultancy group Green Energy Markets (GEM) has identified a mixed bag of state-to-state progress towards renewable energy targets across Australia. While Victoria and South Australia are on course to reach their targets, New South Wales and Queensland are, on current trends, some way...
Indian conglomerate Adani is set to start construction on the controversial Carmichael coal mine in Queensland, after Australia’s government provided final federal approval for the large-scale project. Plans for the mine - located in Queensland’s Galilee Basin - were first laid out almost a decade ago,...
The Real Estate Institute of Queensland (REIQ) has placed Noosa at the top of Queensland’s property market after finding that the Sunshine Coast resort area made the strongest growth across the state. In the June 2018 quarter, the average house price in Noosa was AUS$695,000, a...
Queensland is on the verge of a $24 billion renewable energy boom according to a new report by Green Energy Markets (GEM), commissioned by Solar Citizens. The study found that Queensland could generate more than 90% of its electricity needs from renewable energy sources by 2030...