News

MMC News

For all the latest at MMC; in the workshop, onsite projects and upcoming ventures:

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MMC tripling its size thanks to gas boom. Read the full article that featured in NT Business News New contracts and a planned expansion for MMC in 2012. Read the full articlethat featured in the Career One section of the NT News. A snapshot of MMC from 2008. Read the full articlethat featured in the NT News.

Industry News

Find out what's happening, in the NT and around Australia in the mining, construction and oil & gas industries:

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Aluminium
A native metal is any type of metal that is found in its pure metallic form in nature. While aluminium is the most abundant metal in the Earth's crust, it only occurs on its own in nature in low oxygen environments inside some volcanoes . The main source of aluminium is bauxite ore, which in turn is composed of minerals such as gibbsite (Al2O3.3H2O), boehmite (Al2O3.H2O) and diaspore. Australia is the biggest producer of bauxite in the world.

Gold is the best-known native metal, found by itself or alloyed with copper or other noble metals like silver, platinum and palladium.

Copper is also found in its pure form, but the majority of copper in Australia is found as copper iron sulfide(CuFeS2) or chalcopyrite. Copper is also found in azurite Cu3(CO3)3 and malachite Cu3(CO3)2.

Native silver oxidises very quickly. Most silver in Australia is found in trace amounts in freibergite, tetrahedrite and pyragyrite in the lead mineral galena (PbS).

Uranium.
Australia has approximately 38 per cent of the world's recoverable deposits of uranium and we are world's third largest producer of uranium after Canada and Kazakhstan.

We also have the world's largest deposits of brown coal, lead, rutile, zircon, nickel, tantalum, and zinc.

Australia has the world's second largest reserves of bauxite behind the Republic of Guinea, and the world's second largest deposit of gold, equal with Russia.

We rank fourth in the world for iron ore deposits behind the Ukraine, Russia and China. We rank third in production behind Brazil and China and are the world's largest exporter of iron ore.

Follow this Facebook page for the truth about fracking in the NT. Read the facts for yourself to make up your mind

These are just some of the reasons we need it;

1. To improve the current state of the economy so we can help reduce the number of businesses closing their doors

2. To stop the falling prices of our homes

3. To have private industry invest into the NT rather than constantly relying on Government.

4. To give our kids future prosperity and the choice to stay in Darwin to study and work and to give locals pathways for work right now.

5. To increase our population so we continue to receive some level of GST, the formula is set in stone. 

6. To ensure the revenue comes back into the NT and not into Canberra or overseas like other major projects have done in the past.

7. Onshore Gas will provide power to nearby communities and stations. (Currently, QLD power grid stops at the NT/QLD border and the NT power grid stops at Mataranka.

8. Fracking will open the door to 1,500 jobs  for locals here in the NT. 

All the reports and history proves fracking of natural shale gas (not coal seam or oil) has not had any water contamination incidents. NSW Chief Scientist reviewed the evidence from 2.5 million fracking wells around the world and failed to identify a single case of contaminating ground water. 

This is a fasinating mine, not only for its size but how they had to deal with freezing temperatures when it was operational. 

Mirny Mine is the world’s biggest Diamond mine, at 525 meters in depth and 1,200 meters in diameter, it is the 2nd largest excavated hole in the world and the 4th deepest. Diamonds were first discovered in 1955 and while it’s no longer operational, when it was it took 2 hours for trucks to drive from the bottom to the top.
The temperatures in winter were so cold that the entire mine had to be covered completely overnight to stop machinery from freezing. They encountered numerous problems throughout winter like, oil freezing, steel and car tyres shattering.

 Check out this video to see how the mining industry has been running in Mirny, Eastern Siberia, Russia.

 

Beach Energy has entered into an equity deal over two prospects at the Ironbark offshore gas project in the Carnarvon Basin, Western Australia. Click here article for the full story.