Joint media release with Assistant Minister for Northern Australia Michelle Landry
The Coalition Government today outlined a major new investment package that will further support new job creation, digital connectivity and grow businesses throughout Australia’s north.
Minister for Resources, Water and Northern Australia Keith Pitt said the Government is delivering another $190 million through the new “Our North, Our Future: 2021-2026 investment plan”.
“Our plan will stimulate growth, private sector participation and business opportunities right across the north as the nation moves beyond economic recovery toward a secure and sustained economy,” Minister Pitt said.
“These investments will be made over the next five years to support the implementation of the 20 year White Paper on Developing Northern Australia that will see growth in jobs and the economies of the North.
Mineral sands miner digs deep early to secure workers in WA
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Strandline Resources has pulled the trigger on a new mineral sands mine in Western Australia, undaunted by emerging skills and labour shortages in the state.
The company announced the final investment decision on its $338 million Coburn project on Tuesday and will start work immediately after locking in key contractors well in advance.
Strandline signed up contractors early with one eye on skills and labour issues in WA.
Strandline will need about 300 workers as it looks to build and have the mine in production in about 18 months.
The new player has secured a 10-year agreement with the Mid-West Ports Authority to use the same berth and ship loader at Geraldton as Iluka Resources.
Genex Power Ltd (ASX:GNX) Quarterly Activities and Cashflow Reports
Quarterly Activities and Cashflow ReportsSydney, April 29, 2021 AEST (ABN Newswire) - Genex Power Limited (
ASX:GNX) is pleased to provide the following update on the Company s activities and performance for the quarter ending 31 March 2021 (Q3 FY2021), a period during which the Company made substantial progress with its Kidston Pumped Storage Hydro Project (K2-Hydro), having successfully raised additional funds to retain 100% ownership of the Project and reached Project Document Contractual Close.
Highlights
K2-Hydro
- Launch of $115 million equity raise, consisting of $90 million fully underwritten placement and rights issue, and an additional $25 million committed investment by J-POWER;
Metro Mining Ltd positive about 2021 with production set to resume at Bauxite Hills Mine this month proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.