In Canberra on March 30, Prime Minister Scott Morrison has announced a massive stimulus package for employers to keep paying employees who are affected by the Coronavirus. The Federal Government is committing $130 billion over six months to support up to 6 million Australians which equates to around $1500 per fortnight. This will be known …
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In a buck against current trends, miner Saracen has announced it will not be reducing its guidance at this point. The company remain on track for upwards of 500,000oz as part of their FY2020 guidance, but are also taking huge measures to protect staff and production at this time. The guidance for the FY2020 will …
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It’s been on one rollercoaster ride lately, but overnight gold hit a record Australian price $2828.99 While restrictions on business, major disruption of industries and so much uncertainty loom, Gold has started to become the beacon for the world to look towards with much needed positivity. Gold is safe haven buying. It provides comfort to markets in times of crisis. Not since 2011 have we seen the price …
Galileo Mining has announced some significant results from its Lantern Project, as part of the Kitchener northern tenement as part of the Fraser Range Zone. Reverse Circulation drilling revealed a source of geochemical anomaly by intersecting nickel and copper sulphidemineralisation in fresh rock. Of three RC Drill holes, the following results have been revealed with …
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A maiden air core drilling program has been completed by Krakaota Resources at its Belgravia Project 7km east of Molong and 20km NW of Orange in New South Wales. A total of 128 holes were conducted for 2358m, but also expanded high resolution aeromagnetic survey of the Project was completed as well. In a release to market by Krakatoa, the …
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The highly regarded Diggers and Dealers Mining Forum in Kalgoorlie Boulder has today announced a change of dates for 2020. Forum Chairman Jim Walker announced the details today via email. We have been paying close attention to the developments in Australia and Internationally in relation to the outbreak of COVID-19. With our focus being on …
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Earlier this week Qantas announced flight changes and capacity reductions related to Coronavirus. Today, Virgin Australia Group has announced a cut in international and domestic services, but remains positive on the effect of its business. Flights on the International Virgin Australia Network to Los Angeles, Japan and Trans Tasman flights will be reduced while Virgin …
Alkane Resources are an Australian gold producer and rare earths developer and have moved to develop their project around Dubbo. This comes after Australia’s export credit agency Export Finance Australia (EFA) confirmed they seek to develop new export markets with a focus on “Critical Minerals” sector. The EFA sent confirmation to Alkane with the following …
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As gold hits record highs in AUD, a gold mine closure has hit the Northern Territory. Kirkland Lake Gold announced the news to workers at the Cosmo mine and Union Reefs processing plant near Pine Creek. A closure which affects around 250 workers. According to reports from the ABC Rural, it appears that Kirkland Lake …
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Former Chief Executive Officer of the Chamber of Minerals and Energy, Reg Howard-Smith has today been announced as Chairperson of the Building and Construction Industry Training Board. The position which was appointed by the McGowan Government, coincides with the introduction of new legislative changes relating to the Building and Construction Industry Training fund to further …
Continue reading “New Chair Appointed To Building And Construction Industry Training Board”
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