This Wide Red Land

Total Page:16

File Type:pdf, Size:1020Kb

This Wide Red Land THE AUSTLIAN MPP100007123 INING REVIEW A product of JUNE 2019 australianminingreview.com.au Publications & Exhibitions Australia Pty Ltd THE COAL MINE DUST CONTROL PROTECTIVE THAT WON AN BEST PRACTICE COATINGS ELECTION NEWS SPECIAL FEATURE TECHNICAL TALK p6 p39 p75 Image: BHP. THIS WIDE RED LAND BHP South Flank is aiming to be one of the world’s largest iron ore operations, integrating the latest advances in autonomous-ready fleets, digital connectivity and modular design. FEATURE p26 Established in 1975 – second generation, family owned • Mobile Line Boring & Machining • Liquid Nitrogen Services & Supply • CNC Machining • Weld Reclamation • General Engineering CAT REAR DUMP TRUCK STEERING TAPER RECLAMATION & SERVICE EXCHANGE COMPONENTS SERVICING AUSTRALIA WIDE 02 6572 2032 www.morganengineering.com.au 159 Maison Dieu Road Singleton NSW 2330 JUNE 2019 2 CONTENTS THE AUSTLIAN MINING REVIEW NEWS PUBLISHED BY Commodities Snapshot 4 ABN 28 112 572 433 A product of Explorers on the Move 12 Publications & Exhibitions Australia Pty Ltd The Contractors 14 MANAGING EDITOR Technology & Innovation 16 Ray Chan MAKING MINING [email protected] International 18 JOURNALISTS SMARTER Emma Davies WA Paydirt Conference 20 [email protected] Gerard McArtney Commodity Focus: Nickel 22 [email protected] GRAPHIC DESIGNER Charlotte Lufino FEATURES [email protected] RESEARCH Sojitz Coal Mining 23 Jason Strydom [email protected] BHP South Flank 26 Technology & Innovation p16 SALES EXECUTIVES Geophysical Technology 33 Trevor Pickett, Biliana Harman, Penny West Round Oak Minerals 36 PRINTER Rural Press Dust Control 39 CONTACT US P: (08) 6314 0300 Southern Ports 46 F: (08) 9481 7322 160 Beaufort Street, Perth, WA 6000. AIMEX 2019 48 PO Box 8023, Perth BC, WA 6849. E-mail the editor at [email protected] For all other emails to staff, the standard convention is, first name (only) @australianminingreview.com.au INDUSTRY FOCUS The Australian Mining Review is a free publication to all mine sites and mining companies in Australia. Its value is $11 an issue. (Includes GST, postage and handling). Companies Gearing Up 49 The copyright is vested in the Proprietors of The Australian Mining Review; neither whole nor any part of this issue may be reproduced without permission. Aircraft Charters 54 SOUTHERN SUCCESS The views expressed in this publication are not necessarily those of Publications & Exhibitions Australia Pty Ltd and its staff, but are those of the respective Drug & Alcohol Testing 57 author who accepts sole responsibility and liability for STORY them. NOTICE TO ADVERTISERS: Ice Machines 58 The Trade Practices Act, 1974 came into force on the 1st October 1974. All advertisers and advertising agents are directed to carefully study the provisions of the Act, p which contain strict regulations on advertising. Pipes & Pipelines 59 Southern Ports 46 It can be an offence for anyone to engage, in trade or commerce, in conduct deemed “misleading or deceptive”. Specifically s53 of the Act contains Shotcreting 62 prohibitions from doing any of the following in connection with the promotion, by any means, of the supply or use of goods or services: (a) falsely represent that goods are of a particular Tank Maintenance 64 standard, quality, value, grade, composition, style or model or have had a particular history or particular previous use; (b) falsely represent that goods are new; (c) represent that goods or services have sponsorship, approval, performance characteristics, accessories, uses or benefits they do not have; (d) represent that the corporation has a sponsorship, approval or affiliation TECHNICAL TALK it does not have; (e) make a false or misleading representation with respect to the price of goods or services; (f) make a false or misleading representation Mine Maintenance 66 concerning the need for any goods or services; or (g) make a false or misleading representation concerning the existence, exclusion or effect of any condition, Mine Planning & Software 67 warranty, guarantee, right or remedy. PENALTIES: For an individual — $10,000 or six months imprisonment Protective Coatings 75 For a corporation — $50,000. It is not possible for this company to ensure that advertisements published in this newspaper comply with the Act and the responsibility must, therefore, be on the person, company or advertising agency submitting the advertising for publication. In case of doubt, consult ASSET MANAGEMENT your lawyer. IN THE SPOTLIGHT: HAVILAH RESOURCES MADE EASY CHIEF EXECUTIVE WALTER RICHARDS p85 Mine Planning & Software p67 08 9454 2699 Ross 0448 944 282 ON TIME, IN NO TIME, EVERY TIME. Brad 0488 944 262 Whatever the time, no matter what it is, or where it’s going, we will get it there. Leasa 0419 819 521 Danni 0418 944 282 danannihaulage.com.au OPTIMISE OPERATIONAL PERFORMANCE ASSET MANAGEMENT SOFTWARE ASSET INTELLIGENCE PROFESSIONAL SERVICES Mainpac EAM is the most advanced system Mainpac Asset Intelligence enables Built on 30 years’ experience, Mainpac of it’s type. It’s easy to use, quick organisations to draw insights from multiple Services can assist you to: to configure and full of tools to streamline data sources, thereby enriching decision • Lower your costs by improving your your asset management practices. making in a shortened time frame. The maintenance practices Mainpac EAM drives down the costs and risks Mainpac AI modules draw information from • Drive Return on Assets with continuous of managing your assets, improves return Mainpac EAM or other operational improvement on Assets, boosts business productivity applications to provide detailed predictive • Empower your maintenance team with and integrates seamlessly with your ERP analytics. Mainpac Asset Intelligence easy-to-use tools and key operational systems for greater connects day-to-day operational metrics workflow automation. with corporate strategy and performance. GET IN TOUCH Phone: +61 1300 624 672 | Email: [email protected] | Visit: www.mainpac.com.au JUNE 2019 4 COMMODITIES SNAPSHOT THE AUSTLIAN MINING REVIEW MAJOR COMMODITIES SNAPSHOT $US/oz $US/t GOLD IRON ORE 62% Fe CFR China 1320 120 1315.41 As Brazil’s iron ore The gold price was 1310 100 marginally higher industry remains 85.65 incapacitated, iron toward the end of 1300 80 91.12 the month due to a 108.62 ore hit the strengthened US 1290 1283.62 60 milestone dollar and eased US$100/t in May, friction between 1280 40 prices not seen China and the US. 1282.06 since 2014. 1270 20 1260 0 Mar Apr 28 May Mar 26 Apr 28 May $US/t $US/t COPPER LME Price COBALT LME Price 6600 36000 6547.73 Copper has 6500 35000 34749.92 Cobalt has remained under 6400 34000 plateaued after pressure with the falling dramatically 6300 33000 London Metals 6200 in the first quarter; Exchange price for 32000 33999.91 however, demand 6100 6252.31 delivery sliding 31000 from the battery about 10pc for the 6000 sector remains 5900 30000 month. 30000.06 strong. 5800 5966.81 29000 5700 28000 5600 27000 Mar Apr 28 May Mar Apr 28 May $US/t $US/t ALUMINIUM LME Price ZINC LME Price 1950 2950 Aluminium prices 1890.90 2900 2916.94 Zinc prices fell have continued to 1900 2901.50 throughout May as fall as a Brazilian 2850 Chinese smelters 1850 court lifted 1832.04 2800 capitalised on production April’s nine-month 1800 2750 restrictions on high and put 2700 Alunorte, due to 1750 stocks back into environmental 2650 oversupply. regulations. 1700 2705.07 1761.49 2600 1650 2550 Mar Apr 28 May Mar Apr May $US/t $US/t LEAD LME Price NICKEL LME Price 2100 13400 13145.06 Despite rallying 2050 2035.53 13200 Nickel finished slightly at the end 13000 slightly lower at the of April, lead prices 2000 end of the month, 12800 look set to 1950 however it has continue falling as 1923.97 12600 received some 1900 existing stockpiles 12400 12154.97 strong 1850 meet supply 12200 endorsements deficits. 1800 12270.05 from big players 12000 putting mines back 1750 1816.61 11800 online. 1700 11600 Mar Apr 28 May Mar Apr May COMMODITY FOCUS URANIUM PG 18 Armstrong Flow Control are the Australian Representative 1300 136 486 [email protected] for the Everlasting Valve. www.armstrongflow.com.au Proven solution to difficult applications! Efficient Systems SolutionsTM JUNE 2019 6 NEWS THE AUSTLIAN MINING REVIEW Mining body Coal mine fuels ALP election loss welcomes RAY CHAN NATIONAL new Ministry THE Labor Party’s handling of the Adani mine controversy in Queensland has RAY CHAN been singled out as a reason for its failed NATIONAL election campaign. Former Labor leader Bill Shorten’s THE Association of Mining and inconsistent messaging on the issue Exploration Companies has welcomed has been criticised, as has Queensland the new Federal Ministry announced by Labor Premier Annastacia Palaszczuk’s Prime Minister Scott Morrison. perceived failure to speed up approval of Adani’s coal mine, which promises AMEC chief executive officer Warren thousands of new jobs. Pearce said that in particular, the group Prime Minister Scott Morrison’s was pleased to see Senator Matt Canavan continue as the Minister for Resources government’s return to power was bellwethered by a blue sweep through and Northern Australia. Clearing work being done at Adani’s mammoth $16.5b Carmichael coal mine, rail and port project, which has Queensland, as voters deserted federal “Senator Canavan has been a fierce come under intense scrutiny by environmentalists, as well as State and Federal politicians, since it was brought Labor in apparent protest at the party’s to the table six years ago. Image: Adani supporter of our industry, both within stance. Government, and on its behalf to the But Ms Palaszczuk rejected the claim The Coalition has long been supportive our own conversations, the grassroots community,” he said. that her government’s handling of the of fossil fuels, with Mr Morrison famously regional rallies, the open letters to “Mr Canavan’s reappointment delivers Adani project led to the election result, bringing a lump of coal into parliament politicians, the editorials from local stability to our Industry.
Recommended publications
  • View Annual Report
    2010 Annual Report We expect to triple our production base by 2015. A SOLID BASE A POSITION OF STRENGTH GroA ROBUST PROJwECT PIPELINE th A nickel A copper A copper-gold A nickel project under deposit in the One of the The 8th largest operation in a operation with construction in new Copperbelt world’s major copper mine in growing mining over 30 years mining-friendly located in undeveloped the world jurisdiction of mine life Finland NW Zambia copper deposits Kansanshi Guelb Moghrein Ravensthorpe Kevitsa Sentinel Haquira First Quantum Minerals Ltd. is a growing mining and metals First Quantum currently The Company’s current company engaged in mineral produces LME grade “A” copper approved copper projects are exploration, development cathode, copper in concentrate, expected to increase annual and mining. The Company’s gold and sulphuric acid and is production by at least 45% objective is to become a on track to become a significant by 2015. In addition, later-stage globally diversified nickel producer by 2012. The exploration projects have mining company. Company's current operations the potential to add a further are the Kansanshi copper-gold 500,000 tonnes of annual mine in Zambia and the Guelb copper production. Moghrein copper-gold mine in Mauritania. In 2010, First Quantum produced 323,017 tonnes of copper, 191,395 ounces of gold and generated $2.4 billion of revenues. Unless otherwise noted, all amounts in this report are expressed in United States dollars. 2010 Annual Report In 2010, our operations continued to provide a solid base to support our growth strategy.
    [Show full text]
  • 49422 DO PROSPECT SEPT.Indd
    WESTERN AUSTRALIA’S INTERNATIONAL RESOURCES DEVELOPMENT MAGAZINE September–November 2004 $3 (inc GST) Nickel Kambalda reborn Discoveries: The search takes off Kwinana’s golden anniversary DEPARTMENT OF INDUSTRY AND RESOURCES Investment Services 168 St Georges Terrace PERTH Western Australia 6000 Postal address: Box 7606 • Cloisters Square Perth Western Australia 6850 FROM THE MINISTER Tel: +61 8 9327 5555 • Fax: +61 8 9222 3862 Email: [email protected] www.doir.wa.gov.au New hi-tech airborne geological survey INTERNATIONAL OFFICES Europe European Offi ce • 5th fl oor, Australia Centre he Western Australian Government’s However, while Corner of Strand and Melbourne Place A$12million hi-tech airborne our resources sector LONDON WC2B 4LG • UNITED KINGDOM geological survey program will is vital to our State’s Tel: +44 20 7240 2881 • Fax: +44 20 7240 6637 T Email: [email protected] potentially unlock billions of dollars in economy, nothing is Clive Brown, MLA Minister for State India — Mumbai natural resources and create new jobs more important than Development Western Australian Trade Offi ce and opportunities for current and future ensuring workers return 93 Jolly Maker Chambers No 2 9th fl oor, Nariman Point • MUMBAI 400 021 INDIA generations of Western Australians. home safely. Tel: +91 22 5630 3979/74/78 • Fax: +91 22 5630 3977 The new four-year program is designed Western Australia’s resources sector has Email: [email protected] to double the area of the State covered by a strong and enviable record in protecting India — Chennai Western Australian Trade Offi ce - Advisory Offi ce base-line airborne geophysical data that the health and safety of its workers and the 1 Doshi Regency • 876 Poonamallee High Road provides an image of the rocks beneath number one priority of the industry is to Kilpauk • Chennai 600 084 • INDIA soil and sand cover.
    [Show full text]
  • Public Affairs Parliament House PERTH WA 6000 \
    12 November 2009 Hon Brian Ellis MLC BY EMAIL: [email protected] Chairman Standing Committee on Environment and Public Affairs Parliament House PERTH WA 6000 \ Dear Mr Ellis RE: Submission-Petition No. 45 Esperance Anglican Community School, kirrars 11 and 1 10/ I thank you for the opportunity to make a submission on the petition relating Derance Anglica -•• unity School. The petition is in response to the decision by the Minister for Education not to a . 6 tile 'm of the condition on the registration of the Esperance Anglican Community School (EACS) for Year 11/12 in 201.1, ason given by the Minister was that such an action would have a detrimental effect on the upper secondary (Year 11 and 12) educational program of Esperance Senior High School (ESHS). The petitioners who represent families of Esperance and the surrounding regions serviced by the Esperance Anglican Community School believe that the Minister has erred in her decision and I support the view of the petitioners. The Minister, in making her decision, discussed four main reasons for her conclusion which I will address as follows: 1. Source of Year 11 Cohort for EACS The Minister has concluded that the major source of enrolment for the year 11 cohort would be from ESHS and this would have a detrimental impact on current programmes. However, in spite of the closure of the Ravensthorpe Nickel Mine, enrolments at Esperance Senior High School are significantly up, particularly in Year 11 and 12 in 2009 in comparison to the previous year. Year 11 has 236 students in 2009 compared to 200 in 2008 and Year 12 has 162 in Year 12 compared to 130 in 2008.
    [Show full text]
  • View Annual Report
    CREATING TOMORROW TODAY BHP BILLITON LIMITED ANNUAL REPORT 2004 BHP Billiton is the world's largest diversified resources group, operating a unique mix of high-quality assets across the globe. We structure our portfolio of assets into seven customer-oriented groupings called Customer Sector Groups. These are Petroleum, Aluminium, Base Metals, Carbon Steel Materials, Diamonds and Specialty Products, Energy Coal and Stainless Steel Materials. As you will see on the following pages, our commodities are used in a vast range of products, from playful plastics to powerful PCs to super-fast trains. We're proud of the contribution our operations are making to 'creating tomorrow today' while delivering value and sustainable returns for our shareholders. WE CREATE VALUE THROUGH THE DISCOVERY, DEVELOPMENT, CONVERSION AND MARKETING OF NATURAL RESOURCES ANNUAL GENERAL MEETING The Annual General Meeting of BHP Billiton Limited will be held at the Harbourside Auditorium, Sydney Convention and Exhibition Centre, Darling Harbour, Sydney on Friday 22 October 2004 commencing at 11.00 am. ABOUT THIS REPORT BHP Billiton is a Dual Listed Company comprising BHP Billiton Limited and BHP Billiton Plc. The two entities continue to exist BHP Billiton Limited. as separate companies but operate as a combined group known as BHP Billiton. ABN 49 004 028 077. Registered in Australia. The headquarters of BHP Billiton Limited and the global headquarters of the combined BHP Billiton Group are located in Registered Office: Melbourne, Australia. BHP Billiton Plc is located in London, UK. Both companies have identical Boards of Directors and are 180 Lonsdale Street, run by a unified management team.
    [Show full text]
  • Ravensthorpe Nickel BHP Billiton Project Opens on South Coast Resources Education Partnerships Formed for Industry's Future
    WESTERN AUSTRALIA’S INTERNATIONAL RESOURCES DEVELOPMENT MAGAZINE June - August 2008 $3 (inc GST) Ravensthorpe Nickel BHP Billiton project opens on south coast Print post approved PP 665002/00062 approved Print post Resources education Partnerships formed for industry’s future DEPARTMENT OF INDUSTRY AND RESOURCES Investment Services 1 Adelaide Terrace East Perth, Western Australia 6004 Tel: +61 8 9222 3333 • Fax: +61 8 9222 3862 Email: [email protected] www.doir.wa.gov.au INTERNATIONAL OFFICES Europe European Office • 5th floor, Australia Centre Corner of Strand and Melbourne Place London WC2B 4LG • UNITED KINGDOM Tel: +44 20 7240 2881 • Fax: +44 20 7240 6637 Email: [email protected] India — Mumbai Western Australian Trade Office 93 Jolly Maker Chambers No 2 9th floor, Nariman Point • Mumbai 400 021 • INDIA Tel: +91 22 6630 3973 • Fax: +91 22 6630 3977 Email: [email protected] India — Chennai Western Australian Trade Office - Advisory Office 1 Doshi Regency • 876 Poonamallee High Road Kilpauk • Chennai 600 084 • INDIA Tel: +91 44 2640 0407 • Fax: +91 44 2643 0064 Email: [email protected] Indonesia — Jakarta Facing up to the challenges Western Australia Trade Office Wisma Budi Building Floor 5 Suite 504 JI H R Rasuna Said Kav C-6 Kuningan, Jakarta 12940 • INDONESIA Tel: +62 21 5290 2860 • Fax: +62 21 5296 2722 It seems strange to talk of the challenges facing the Western Australian Email: [email protected] resources industry when the sales value of minerals and petroleum from the Japan — Tokyo Government of Western Australia, Tokyo Office State jumped 7 per cent last year to A$53.1 billion, and spending on exploration 13th floor, Fukoku Seimei Building for new resources was a record at more than A$3 billion.
    [Show full text]
  • 2005 BHP Billiton Plc Group Annual Report
    A GLOBAL PERSPECTIVE Reach new markets Seek out opportunities Lead through innovation BHP BILLITON PLC ANNUAL REPORT 2005 We are a diversified, global resources company. With more than 100 assets, operations and offices in over 25 countries, we sell our products to meet the world’s needs. Contents Group Highlights 1 Chairman’s Review 2 Chief Executive Officer’s Report 4 Company Overview 12 Customer Sector Group Highlights 20 BHP Billiton Locations 24 Review of Operations 26 Corporate Governance Statement 28 Board of Directors 30 Remuneration Report 44 BHP Billiton Charter 59 Directors’ Report 60 Financial Review 66 Statement of Directors’ Responsibilities 74 Independent Auditor’s Report 75 Financial Statements 77 Supplementary Oil and Gas Information 185 Supplementary Mineral Resource and Ore Reserves Information 194 Shareholder Information 214 Corporate Directory IBC Annual general meeting The annual general meeting of BHP Billiton Plc will be held at the Queen Elizabeth II Conference Centre, Broad Sanctuary, Westminster, London, on Thursday 20 October 2005 commencing at 10.30 am. BHP Billiton Limited. ABN 49 004 028 077. Registered in Australia. Registered office: 180 Lonsdale Street, Melbourne Victoria 3000 Australia. BHP Billiton Plc. Registration Number 3196209. Registered in England and Wales. Registered office: Neathouse Place, London SW1V 1BH UK. GROUP HIGHLIGHTS 2005 Turnover (1) Net operating assets Available Attributable up at 30 June cash flow (3) profit (1)(2) up up up ➔ 27.5% 36.3%➔ 70.4%➔ 85.5%➔ Earnings Before Interest •Record results with year-on-year Earnings Before Interest and Tax increases and Tax (1)(2) in every Customer Sector Group.
    [Show full text]
  • The Mining Industry: from Bust to Boom
    2011-08 Reserve Bank of Australia RESEARCH DISCUSSION PAPER Th e Mining Industry: From Bust to Boom Ellis Connolly and David Orsmond RDP 2011-08 Reserve Bank of Australia Economic Research Department THE MINING INDUSTRY: FROM BUST TO BOOM Ellis Connolly and David Orsmond Research Discussion Paper 2011-08 December 2011 Economic Analysis Department Reserve Bank of Australia This paper was first presented at the Reserve Bank of Australia Conference on ‘The Australian Economy in the 2000s’ at the H.C. Coombs Centre for Financial Studies, Kirribilli, on 15–16 August 2011. We would like to thank our colleagues at the RBA and participants at the Conference for their helpful comments. The views expressed are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia. Responsibility for any remaining errors rests with us. Authors: connollye and orsmondd at domain rba.gov.au Media Office: [email protected] Abstract The Australian mining industry experienced a remarkable turnaround during the 2000s. The rapid growth of emerging economies in Asia drove a surge in demand for commodities, particularly those used in steel and energy generation. With global supply unable to respond quickly, prices surged to historically high levels. In response, mining investment in Australia rose to record levels as a share of the economy by the end of the decade. The rise in commodity prices has boosted activity and incomes and encouraged the factors of production to shift towards the mining industry. The boom has also been associated with a large increase in the real exchange rate, affecting trade-exposed industries.
    [Show full text]
  • 2007 BHP BILLITON ANNUAL REVIEW 2007 21 It’S Our Capacity to Meet Demand
    BHP Billiton Annual Review 2007 BHP Billiton Annual Review It’s our... www.bhpbilliton.com Annual Review 2007 Contents Corporate Directory Group highlights 2007 2 Chairman’s Review 6 BHP BILLITON GROUP MARKETING OFFICES New Zealand REGISTERED OFFICES The Netherlands Computershare Investor Services Limited Chief Executive Officer’s Report 8 Level 2/159 Hurstmere Road BHP BILLITON LIMITED Verheeskade 25 2521 BE The Hague Takapuna North Shore City Our people 14 Australia Postal Address – Bag 92119 Auckland 1020 BHP Billiton Limited Telephone (31 70) 315 6666 Telephone (64 9) 488 8777 Our licence to operate 15 BHP Billiton Centre Facsimile (31 70) 315 6767 Facsimile (64 9) 488 8787 180 Lonsdale Street Singapore Our world-class assets 17 Melbourne VIC 3000 168 Robinson Road #10-01 United States Our BHP Billiton way 18 Telephone (61 3) 9609 3333 Capital Tower Computershare Investor Services Facsimile (61 3) 9609 3015 Singapore 068912 2 North LaSalle Street Our financial strength and discipline 19 Telephone (65) 6349 3333 Chicago, IL 60602 BHP BILLITON PLC Facsimile (65) 6349 4000 Postal Address – PO Box 0289 Our project pipeline 22 United Kingdom Chicago, IL 60690-9569 Neathouse Place Belgium Telephone 1 888 404 6340 Our growth options 23 London SW1V 1BH BHP Billiton Diamonds (Belgium) N.V. (toll-free within US) Hoveniersstraat 30 Telephone (44 20) 7802 4000 Facsimile (1 312) 461 4331 2018 Antwerp Customer Sector Group highlights 24 Facsimile (44 20) 7802 4111 Telephone (32 3) 201 1090 ADR Depositary, Transfer Agent and Registrar BHP Billiton
    [Show full text]
  • For Personal Use Only
    Shareholder Report 2013 For personal use only Contents Financial Snapshot (As at 30 June 2013) 1 Chairman’s Report 38,955,103 2 Managing Director’s Report Shares on Issue ________________________________________ 6 The Board of Directors 159.8 cents 9 About Lycopodium Net tangible assests per share ________________________________________ 13 Project Reviews $245.9 million 26 Financial Information Revenue ________________________________________ 28 Shareholder Information $22.5 million 29 Corporate Directory Net profit after tax ________________________________________ 56.5 cents Earnings per share after tax ________________________________________ 36.0 cents Dividend per share (fully franked) ________________________________________ For personal use only Chairman’s Report My name is Mick Caratti. I am one of the founders and presently chairman of Lycopodium. This publication is designed to introduce you to the company, telling you who we are, what we do and how we see our future. This report does not replace the statutory financial statements but is designed to provide an informative insight into Lycopodium in an easier to read layout. Lycopodium has performed well across our subsidiaries in We also do not see this solely in a negative light, as the 2012/2013 and we achieved a second consecutive year of worldwide demand for new production capacity stretched the record returns. However the outlook for 2013/2014 has been resources of suppliers, engineers and owners. A lower level of strongly affected by the downturn in the minerals industry. activity will raise standards which have slipped as evidenced by the number of cost and schedule overruns in recent times. As per prior years I would like to provide some thoughts on the major trends that affect our industry as we see them.
    [Show full text]
  • The Mineral Industry of Australia in 2015
    2015 Minerals Yearbook AUSTRALIA [ADVANCE RELEASE] U.S. Department of the Interior November 2018 U.S. Geological Survey The Mineral Industry of Australia By Spencer D. Buteyn During the past 10 years, Australia’s mineral industry fiscal year 2015, to 163,484 people from 177,670 (Department benefited from a significant boom in investment. This of Industry, Innovation, and Science, 2016a, p. 37; Australian investment was driven by increases in the prices of Australia’s Bureau of Statistics, 2017a, b). key mineral commodity exports—particularly coal and iron In calendar year 2015, the net inflow of foreign direct ore—owing largely to high demand in China, which was investment (FDI) in mining totaled AUD15.3 billion Australia’s largest export market. In the past few years, however, (US$11.4 billion), which was a 57% decrease from that of 2014. China’s slowing economic growth led to lower demand and Mining accounted from 51% of Australia’s total net inflow decreases in the prices of coal and iron ore, which negatively of FDI. The total net inflow of FDI to Australia from Japan affected Australia’s export revenue. In 2015, Australia’s mineral increased by 145% to AUD14.1 billion (US$10.5 billion) and sector continued the transition from an investment phase to accounted for 48% of Australia’s total, making Japan the leading a production phase. Investment in mining, which peaked in source of FDI to Australia. The United States accounted for 2013, decreased by 30% in fiscal year 2016.1 This decrease in the second largest share of Australia’s total net inflow of FDI, investment was attributed to decreased international demand accounting for 33%.
    [Show full text]
  • Asset Support Mining & Metals Australia, Africa and Asia Company Overview
    Asset Support Mining & Metals Australia, Africa and Asia Company overview AMEC is a focused supplier of high value consultancy, AMEC provides a full range of services for mining and engineering, and project management services to the metals projects, from front end geology and environmental world’s mining, oil and gas, clean energy, environment consulting through to feasibility studies and detailed and infrastructure markets. AMEC designs, delivers design, project delivery, asset support and mine closure. and maintains strategic and complex assets for its customers. A recent major development in the growth of AMEC was the acquisition of the respected Australian based AMEC has developed some of the most challenging organisation Minproc, incorporating its extensive mining projects in the world from concept to closure. experience and specialist skills in minerals resource AMEC’s success is based on a customer-focused projects. This has significantly increased AMEC’s footprint approach delivered by professionals from its centres of within Australia, Africa and South-East Asia. mining expertise in Australia, Canada, USA, Peru, Chile, Brazil, South Africa and the UK. AMEC’s major locations AMEC’s Mining & Metals locations 1 Asset Support Beyond Zero AMEC’s vision is to achieve sustainable, world class Health, Safety, Security and Environmental (HSSE) performance excellence throughout our global operations. The AMEC Beyond Zero program creates an HSSE culture where strong leadership, personal responsibility and an unyielding commitment to excellence are cornerstones of how we conduct our business. We consistently take HSSE performance beyond the work place and out into the wider community. For many years, AMEC has had a goal of zero harm to people and the environment.
    [Show full text]
  • BHP Billiton Locations Minerals
    58 36 25 37 20 24 18 6 12 8 17 23 27 10 16 66 15 26 29 11 28 38 34 13 Carbon Steel Materials 35 64 70 44 Ref Country Site/Asset Description Ownership 51 Australia GEMCO Producer of manganese ore 60% 21 52 Australia Illawarra Three underground coal mines 100% Offices Coal 41 40 53 Australia Queensland World’s largest supplier of 50–80% 14 Coal high-quality metallurgical coal for Petroleum 50 steel production 19 54 Australia TEMCO Producer of manganese alloys ● 60% Aluminium 51 55 Australia WA Iron Ore Pilbara iron ore mine, rail and port 85–100% 47 operations Base Metals 56 33 68 49 7 31 45 56 Brazil Samarco An efficient low-cost producer of iron 50% 55 53 63 ore pellets Carbon Steel Materials 48 22 65 42 59 2 57 South Africa Samancor Integrated producer of manganese ore 60% 57 43 Diamonds and Specialty Products 60 67 46 61 Manganese (Hotazel Manganese Mines) and alloys 5 69 62 4 (Metalloys) Energy Coal 39 1 52 9 33 Stainless Steel Materials 32 30 54 Diamonds and Specialty Products Ref Country Site/Asset Description Ownership 58 Canada Yellowknife EKATI Diamond Mine in the 80% Northwest Territories of Canada 59 Mozambique Corridor Sands Titanium minerals project 90% 60 South Africa Richards Bay World’s largest producer of titanium slag 50% BHP Billiton locations Minerals Offices Petroleum Aluminium Energy Coal Ref Country Location Ref Country Site/Asset Description Ownership Ref Country Site/Asset Description Ownership Ref Country Site/Asset Description Ownership ♦ Corporate Centres 1 Australia Adelaide ♦ ● 28 Algeria Ohanet Joint operator
    [Show full text]