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Aerial Drone of NSS @ Work

NSS recently partnered up with SkyDronics to bring you a series of aerial drone videos of just some of the services we offer at NSS.

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YouTube TruckConvoy

Move drone video and other NSS videos can be found over on our YouTube Channel.

News

The Minerals Council of Australia (MCA) said the mid-year economic and fiscal outlook (MYEFO) showed members were paying more than their fair share of tax.

Higher mining profits have contributed to a $3.2 billion increase in projected corporate tax receipts in 2017-18.

Tax gets the better of profits in the recovery

The MYEFO numbers again demonstrated the size of the mining industry’s contribution to the Australian economy and were a wake-up call for those that claim the mining sector doesn’t pay its fair share of tax, said MCA interim chief executive David Byers.

The Australian minerals industry paid $165 billion in Federal company tax and state and territory royalties in the decade to 2014-15, and the mining sector contributed 19 per cent of all corporate tax collected in 2014-15, Mr Byers said.

“The Minerals Council also welcomes the Government’s continued advocacy for additional cuts in the corporate tax rate,” he said.

“Our company tax rate is now the highest in the OECD, and too high for a capital-hungry nation which needs to encourage business investment.”

“The mining sector could perform at its best – generating additional jobs and wealth and improving the budget bottom line – if Australia’s uncompetitive corporate tax rate was reduced.”

In 2010, the MCA reportedly spent more than $17 million in a campaign to stop Kevin Rudd’s super profits tax. He lost   leadership of the then ALP government to Julia Gillard not long after.
New confidence in copper prompts funding bid


In a move supporting further confidence in the metals industry, Aeon Metals will float a prospect to new and existing investors to raise A$30 million via an institutional placement aimed at improving its leases including those in north west Queensland.

The company describes itself as having a lease over one of Australia’s biggest undeveloped copper-cobalt projects in the north-west, the Walford Creek project.

New confidence in copper prompts funding bid 
(AEON Copper cobalt leases in Queensland)


The proceeds from the Institutional Placement will be used to::

• Expanded drill program for 2018

– Engage at least three drilling rigs next year at the Walford Creek project to drill at least 30,000 metres, utilising the established geological model, to advance the known mineralisation to development status as well as to test the 22 kms of potential strike on the Company’s 100 per cent owned tenements.

• Develop a bankable feasibility study

– Enable bankable feasibility study work to continue and broaden

• Strengthen balance sheet

– The balance of the funding will be available to pay down the vendor debt owed to the OCP Asia (Hong Kong) Limited Group and thereby position the Walford Creek Project for development financing.

The institutional placement was significantly over-subscribed with strong demand from existing shareholders, as well as high quality new long-term institutional investors, said Aeon Metals’ CEO and Managing Director, Hamish Collins.

“This broad institutional support recognises the value of Aeon Metals’ growth strategy so far and the world class potential of our Walford Creek project.

“The funding will allow Aeon Metals to conduct the largest drill program ever conducted at the Walford Creek project, as well as strengthen the balance sheet. These will open new opportunities as it moves to develop this world class copper-cobalt project.”

Institutional Placement

The Institutional Placement will comprise an issue of 107,200,000 new fully paid ordinary shares at an issue price of A$0.28

Settlement of the institutional placement is expected to occur Wednesday on 20 December 2017, with new shares expected to be allotted and commence trading on or around 21 December 2017.
Glencore Coal procurement presentation


The 2018 events calendar kicks off with a bang early next year.

Group Manager of procurement for Glencore Australia Coal Assets Darren Oliver, will present at the first Bowen Basin Mining Club Lunch on Thursday 8 February.

It’ll  be held at South’s leagues club in Mackay.

Click here to register.
Fringe energy developer online


The successful commissioning of the Normanton Solar Farm in the Gulf of Carpentaria has helped boost its reputation as a poster project for ‘fringe’ energy developments.

Normanton Solar Farm is unique in demonstrating the ability to connect to ‘fringe-of-grid’ locations in rural Australia, and provide real and measurable benefits to customers said developer, Scoulier Energy’s Doug Scoulier.

“The knowledge-sharing opportunities will further demonstrate the uniqueness of the project, Mr Scoulier said.

“Normanton Solar Farm will be used as a ‘test case’ of how renewable energy can benefit regional networks and the challenges in developing solar PV in remote, tropical regions of Australia,” he said.

“If proven to be technically and financially viable, these outcomes all represent a significant step forward in the commercial competitiveness of the uptake of integrated distributed renewable energy solutions in fringe-of-grid locations.”

The 5MW solar farm received $8.3 million grant funds from ARENA. Canadian Solar acted as EPC, with Scouller Energy as developer.

Canadian Solar’s General Manager Daniel Ruoss said the project would enable an assessment of the value of broader regulatory change to support future projects and the business case for using solar as an alternative to upgrading network infrastructure.

“This will drive the growth of renewable power generation across regional Australia, particularly in constrained, fringe of grid environments,” he said.

The Normanton Solar Farm used proven solar technology, including 16,000 x 310 Watt PV modules on fixed-tilt arrays, optimised for the Normanton latitude of 17 degrees.

Normanton typically receives a minimum of 6 hours of full sunshine each day, right through the year, allowing the solar farm to generate in excess of 9,000 MWh per year, expected to result in reduced CO2 emissions by 7,550 tonnes annually.
Glencore is reopening its Lady Loretta underground zinc mine north of Mount Isa. The company held its investor update overnight, with production guidance for 2018 that included a gradual restart of suspended zinc production in Australia, said Executive General Manger NQ Zinc Denis Hamel. “In October 2015, we made the decision to reduce global zinc production to preserve the value of this finite resource in a low commodity price environment,” Mr Hamel said. “Lady Loretta mine will restart operations in H1 2018, which will include a ramp up period. “The operating status of George Fisher Mine and McArthur River Mine in the Northern Territory has not changed and will be reviewed on a regular basis.” The announcement follows a number of high profile zinc operations starting production including MMG’s Dugald River mine north of Cloncurry and the Thalanga operation near Charters Towers owned by Red River Resources. Following a full operational review followed by a tender process, Brisbane based Redpath Australia had been awarded a site operation contract, Mr Hamel said. “We feel strongly about maximising local employment and benefits from our operations. We are currently actively recruiting for 65 vacant positions across Mount Isa zinc operations, with the recruitment process now commencing in parallel for Lady Loretta,” he said. “We thank you for your trust, patience and support over the past two years as we responded to these record challenging market conditions. Glencore to reopen Lady Loretta
The delivery of six haul truck trays this week through Port of Mackay has been hailed as an example of the benefits recent upgrades there are bringing for the manufacturing, mining and transport sectors.

North Queensland Bulk Ports Corporation (NQBP) had been actively pursuing growth by working with customers to maximise trade opportunities and upgrading facilities, acting general manager trade and operations Eddie Mallan said.

“NQBP worked with National Heavy Haulage for a number of months to facilitate this trade through the Port of Mackay to minimise transport costs for the project,” Mr Mallan said.

“It demonstrates the Port of Mackay as a primary link to the rest of the world as a break bulk port. With the improvements in the mining sector, NQBP is expecting to see more of this type of cargo arriving through the Port of Mackay.”

Mr Mallan said the construction and commissioning of the quarantine wash facility at Mackay de-risked the delivery into the country as a first port of call.

“The quarantine wash facility coupled with the shorter haul distance and available laydown space for project cargo makes the Port of Mackay a more attractive option for proponents,” Mr Mallan said.

“NQBP is investing in improving the capabilities of the port to support these types of trade, including a new roll-on roll-off facility.”

National Heavy Haulage general manager Ian Scott said upgraded facilities at the Port of Mackay had been good for increased business.

“We look forward to future shipments and continued increase in break bulk through the port and out to the mining community,” he said.

The six haul truck trays delivered this week were bound for BMA’s Saraji mine in the Bowen Basin.

Austin Engineering had the BMA contract to deliver eight truck trays but only had the capacity to
build two in its Mackay workshop within the eight-week time schedule.

Sales and support manager Scott Harding said for the first time in 20 years of manufacturing and designing dump truck bodies in Mackay they had to ship some in to meet demand.

“Business has definitely picked up and they needed them quickly,” he said.

“These bodies will be going on to some 793C trucks at site and these particular bodies will give them far greater capacity to move coal.”

Heavy traffic at Port of Mackay