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Tomingley has ‘big future ahead’, says Alkane MD Tomingley has ‘big future ahead’, says Alkane MD
Published: 24 Jun 24
The Tomingley gold operation, near Dubbo in New South Wales, is set to increase production to more than 100 000 oz/y by 2027, says ASX-listed Alkane Resources. The company on Monday announced a five-year plan for Tomingley, which will produce 455 000 oz to 505 000 oz of gold over that period.
The Plutonic East portal Catalyst optimistic about profitability of former Barrick mine
Published: 24 Jun 24
Following successful stabilisation efforts at the Plutonic gold mine, in Western Australia, miner Catalyst Metals is now setting its sights on expanding through organic growth opportunities in the belt. The ASX-listed company strategically acquired two neighbouring firms last year to consolidate its presence in the Plutonic gold belt. Over the past year, Catalyst has implemented a new management team, streamlined operations and reinvested cashflows into advancing development initiatives.
Barminco clinches A$450m contract extension at Sunrise Dam Barminco clinches A$450m contract extension at Sunrise Dam
Published: 24 Jun 24
AngloGold Ashanti has awarded Perenti subsidiary Barminco a A$450-million, three-year mining contract extension at the Sunrise Dam underground mine in Western Australia. The contract extension takes effect on October 1, ASX-listed Perenti said on Monday.
Australia's east faces immediate gas shortage amid cold snap, outage
Published: 21 Jun 24
Australia's east is facing a gas shortage after a cold snap drove up demand for heating and power while supply dipped due to an extended outage at the region's main gas plant, the energy market operator said. To help boost supply, the market operator has asked gas producers in Queensland state, which include Shell, Origin Energy and Santos, to send gas to the southern states.
Electric aviation company chooses Siemens software for its design processes
Published: 21 Jun 24
Australian sustainable aviation company Dovetail Electric Aviation (Dovetail) has selected Siemens Digital Industries Software’s Xcelerator software portfolio to employ in the design of its zero-emission aircraft propulsion systems, both battery electric and hydrogen-electric. Dovetail’s propulsion systems are intended to be retrofitted into existing regional aircraft types, both decarbonising their operation and reducing regional airline operating costs by up to 40%. “Whilst a lot has changed in the world of aviation, the fundamental structure of an aircraft hasn’t changed much,” pointed out Dovetail CEO David Doral. “Therefore, it makes perfect business and sustainability sense to retrofit capable aircraft with new generation, zero emissions drivetrains that take a significant step towards cleaner air travel. This helps us collectively achieve net zero and saves costs.”
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