- Write by:
-
Monday, August 31, 2020 - 11:32:15 AM
-
500 Visit
-
Print
Mining News Pro - Venture Minerals has awarded Qube with preferred road haulage status for its Riley iron ore mine in Tasmania.
The Perth-based exploration company is also set to engage Qube to provide Burnie Port services to deliver iron ore from the Riley mine gate to the ship.
Venture stated that appointing Qube as Riley ore transport provider will increase the efficiencies for one of the project’s key cost centres.
“This one stop shop approach will increase efficiencies and reduce costs which is all important when mining bulk commodities,” Venture managing director Andrew Radonjic said.
“The ore transportation component of the Riley iron ore mine operations provides for the majority of the circa 100 jobs that will be created by this project on the west coast of Tasmania.”
Venture stated that Qube’s safety record, along with its “impressive” real-time monitoring of vehicle movements, was an important part of its selection criteria.
The company is transitioning from explorer to producer as the Riley mine progresses towards production.
Venture is also looking to raise up to $1.5 million via a share purchase plan that is priced at $0.031 per share.
Short Link:
https://www.miningnews.ir/En/News/592047
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer ...
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
Nippon Steel intends to pursue its proposed acquisition of US Steel and wants its “deep roots” in the United States to ...
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, ...
Iron ore pellet producer Ferrexpo said a court has prohibited the transfer of ownership and other shares-related ...
No comments have been posted yet ...