The Monthly Mining News Roundup - January
31 January 2020
Here's our mining news roundup for January 2020
Fortescue hands BGC construction contract at Eliwana
NRW Holdings' newly-acquired subsidiary BGC Contracting has secured a major infrastructure contract with Fortescue Metals Group in Western Australia. The $138 million contract will support the development of 143 kilometres of rail for the Eliwana iron ore mine and rail project in the Pilbara region. BGC's works will include constructing 65 kilometres of rail formation such as earthworks, roadworks, drainage works and bridge and precast structure construction.
70 jobs are expected as Monadelphous Group secures contracts with BHP
Monadelphous Group has secured construction and maintenance contracts involving BHP in Western Australia. The engineering company will construct a reclaimer and two stackers at BHP's South Flank project in the Pilbara region of Western Australia. This contract, which was awarded with Thyssenkrupp Industriala Solutions, is expected to create around 70 jobs and complete in the first quarter of 2021.
450 jobs created as Rio Tinto awards Mondium with major contract
Rio Tinto has handed Mondium a major $400 million design and construction contract for the Western Turner Syncline phase two (WTS2) mine in Western Australia. Mondium, which is a joint venture between Monadelphous and Lycopodium, will complete all engineering, design, procurement and site construction at the Pilbara site. Works will include designing and constructing the process plant, overland conveyor and other non-process infrastructure.
BHP advances South Flank Project construction
BHP contractor Fluor Corporation has commenced the construction of the ore handling plant in the South Flank project in Western Australia. Fluor, which provides engineering, procurement and construction management services on South Flank, has erected the first 1500 tons of modules in the plant. BHP plans to include a 72 million tonne a year crushing and screening plant in the South Flank project, in addition to an overland conveyor system and rail-loading facilities.
FYI Resources receives Cadoux mining approval
FYI Resources has received an approval from the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS) for the Cadoux kaolin project. The approval covers FYI’s planned mining, processing, site infrastructure, waste facilities and haul roads. This milestone paves the way for FYI to commence works on-site at Cadoux as FYI works on developing a high purity alumina (HPA) processing operation.
BHP and Rio Tinto makes Australia's Top 10 Most Valuable Brands
BHP and Rio Tinto are among Australia's top 10 most valuable corporate brands, according to advisory agency Brand Finance's latest annual assessment of brand values. The miners added brand value in the 2020 study, while big banks and telcos in the top- 10 lost significant value. In the list o Australia's 100 most valuable brands, BHP moved up two spots to fourth behind top brand Woolworths, Telstra and Commonwealth Bank.
Saracen experiences reocrd quaterly gold production
Saracen Mineral Holdings has “entered the next league of Australian gold miners” after a record December 2019 quarter, according to company managing director Raleigh Finlayson. The company experienced record quarterly gold production as a whole, with 120,127 ounces at an all-in sustaining cost (AISC) of $1098 per ounce. Saracen also produced a record 46,594 ounces at the Thunderbox mine in the Goldfields region of Western Australia for the quarter, as its C Zone open pit mine delivered higher grade and lower strip ratio ore as planned.
Fortescue gains approval for the next part of it's mining development with a total of 2400 jobs promised
A metal producer has secured regulatory approval for the next part of its $1.7 billion mining development. The Western Australian Government has approved Fortescue Metal Group’s (FMG’s) Eliwana Iron Ore Mine and Railway Stage Two Project, 90km northwest of Tom Price in the Pilbara. The decision and the latest granting of a special rail licence means FMG can continue extending its Eliwana Railway and hiring up to 720 workers to build 143km of single track, a standard gauge heavy haul railway, two bridge railway crossings and an underpass for the Karratha-Tom Price Road.
Alcoa has received Aluminium Stewardship Initiative (ASI) certification for its Western Australian operations. The global sustainability certification goes to Alcoa’s Huntly and Willowdale bauxite mines, and Kwinana, Pinjarra and Wagerup alumina refineries. ASI certification means that the aluminium has been produced to the highest environmental, social and governance standards, ranging from greenhouse gas emissions to human rights, according to fellow ASI certification recipient Rio Tinto.