Newcrest completes financing for $1.2 billion Telfer project
Newcrest Mining Limited has finalised its loan funding for the Telfer gold mine development with the signing of a $575 million syndicated loan note facility with four major Australian and two international banks. The completion of this corporate loan facility follows a detailed due diligence process...
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Portman receives mining approval for Koolyanobbing
Environment and Heritage Minister Judy Edwards said she had accepted the Acting State Appeals Convener’s recommendations that the proposal could be made environmentally acceptable. Mining at the Windarling 3 deposit will initially be restricted so that no more than 30 per cent of the Tetratheca (pl...
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Mutineer - Exeter update
Mutineer-Exeter oilfield is located in approximately 140 to 160m of water in Permit Area WA-191-P of the Barrow sub-basin, approximately 150 km north of Dampier on the North West Shelf of WA.Development of the oil fields follows a successful exploration and appraisal drilling campaign conducted in 2...
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Santos’ latest WA gas result exceeds expectations
Santos Limited has increased its gas resources in WA’s offshore Carnarvon Basin with a successful appraisal of the John Brookes gas field in permit WA 214-P. Santos said the Thomas Bright-1 exploration well had upgraded to the gross resource potential of the John Brookes field to up to 1,000 petajou...
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Gas pipeline project approved for $1.3 billion Stanwell Magnesium Project
Qld Mines Minister Stephen Robertson has given the go-ahead for a gas pipeline that will supply Australian Magnesium Corporation’s (AMC) $1.3 billion magnesium metals plant at Stanwell in central Queensland. Mr Robertson said that he had approved an application by Envestra Limited for a licence to c...
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Methanex Australia gas sale and purchase agreement
North West Shelf Gas has advised that it has extended to 30 May 2003 a conditional gas sale and purchase agreement with Methanex Australia Pty Ltd.General manager North West Shelf Gas said that the extension of the agreement reflected the ongoing commitment by the North West Shelf Venture to support...
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Upstream gas conference
IBC Conferences has announced the Australian Upstream Gas and its Markets conference to be held in Perth on 12 and 13 May 2003 at the Sheraton Perth. The conference will take a national approach to the many new gas projects that are being developed across Australia and will provide an essential insi...
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Update of production testing from Sellecks-1
A total of 45,500 barrels of oil has been produced from Sellicks-1 between 9 December 2002 and the week ending 28 March 2003. The current average weekly flow rate from the well is approximately 450 barrels of oil per day (bopd). Plans are in place to increase production to about 750 bopd in April 20...
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Exmouth Power Procurement Process update
Negotiations are continuing between the Regional Power Procurement Steering Committee and the Preferred Bidder, Burns and Roe Worley Ltd (BRW). During the negotiations process from November 2002 until very recently, BRW and the negotiating team have been working together to address a number of techn...
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EPA Report – ammonia export Kwinana
The Environmental Protection Authority has released its recommendations to the Environment and Heritage Minister on changes that would be required to Wesfarmers CSBP’s current Ministerial environmental conditions if a proposal to export shipments of ammonia from Wesfarmers CSBP’s Kwinana site was to...
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Reed acquires titanium rich Barrambie deposit
Reed Resources have committed to a major new titanium project at Barrambie, south-east of Meekatharra. With a reserve calculated at 38.67 million tonnes, Barrambie has potential to be a major titanium resource. Reed Resources executive chairman David Reed said Barrambie had been overlooked for the p...
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Pilbara to expedite Jaguar development
Pilbara Mines Limited has announced that they are set to accelerate development planning for the Jaguar base metal deposit in WA after moving to 100 per cent ownership of the high-grade deposit by acquiring its joint venture partner Inmet Mining Corporation’s equity along with a minority interest. I...
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De Grey delivers gold results at Indee
Following an active drilling program at its Turner River Gold Prospect, located within the Indee Project Area, De Grey is poised to identify a major gold discovery. De Grey’s continuing success at its mineral rich Indee Project is developing into two major gold prospects alongside its world class Th...
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Cosmic Boy mine review
Western Areas NL has completed a preliminary review of the Cosmic Boy underground nickel mine in the Forrestania Nickel project area. Interpretation of previous drilling and underground sampling has resulted in potentially significant mineralisation being delineated in three areas of the mine, withi...
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Jubilee secures strategic Mt Goode project
Jubilee Mines has consolidated its future in the Leinster Mt Keith region of WA by agreeing to acquire the strategically located Mt Goode Nickel Project from Barrick Gold of Australia. The Mt Goode project area immediately adjoins the southern boundary of Jubilee’s Cosmos Nickel Project. The acquisi...
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Troy pours first gold in Brazil
WA company Troy Resources has completed its first gold pour from its newly commissioned Sertao gold mine in Brazil, putting it on target to graduate to the ranks of a 100,000 ounce per annum gold producer. The mine, which was officially opened last week, will produce 72,000 ounces of gold a year. Th...
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$6.5 million boost for Port of Broome
A $6.5 million State Government commitment to Broome Port could provide a major boost to exports, tourism and business in the Kimberley. Planning and Infrastructure Minister Alannah MacTiernan said the WA Government had granted $2.5 million through the WA Regional Infrastructure Funding Program (RIF...
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Abigroup wins $77 million design and construct contract
Australian construction company Abigroup Limited has been awarded the $77 million contract for the design and construction Stage 3 of the Craigieburn Bypass in the north of Melbourne. The project extends from the Metropolitan Ring Road to Harvest Home Lane, and comprises 7.8 km of four-lane divided ...
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Australian firms interested in Iraq reconstruction
United States President George Bush has underlined the US intention to stay in Iraq and help with the rebuilding of the country in the aftermath of war. The estimated US reconstruction package for Iraq is US$1.9 billion. United States Agency for International Development administrator, Andrew Natsio...
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REPS Industry Events Calendar:
New events
The following events have been added to the REPS Industry Events Calendar that can be downloaded in the e-mail/ on-line version of each REPS newsletter.Event - AusRail Plus 2003 Exhibition and Conferences Date - 16-19 November 2003 Venue - Sydney Convention Centre, Darling Harbour Organisers - IBC C...
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REPS Industry Events Calendar
To download the REPS Industry Events Calendar click here in the on-line version of this newsletter
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