Capability Statement

Looking for a copy of our Capability Statement?

Capability Statement Logo

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.

YouTube Berth3 Ferrite Loading


YouTube TruckConvoy

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

News

Timing, it's all about the timing. Tiger's golf swing; Rafael's backhand and MMG's new zinc mine.

MMG has officially opened the new $1.4 billion Dugald River operation as zinc hovers around US$1.50/lb, the highest it has been for five years.

First production of finished zinc concentrate left the mine, 65km north-west of Cloncurry, today.

The milestone was celebrated during the official site opening attended by MMG chairman Guo Wenqing and chief executive officer Jerry Jiao (pictured below). 

Independent financial advisor Fat Prophets is saying the price should firm next year.


Zinc has been at near-term record levels and analyst David Lennox said apart from a technical correction, they are expecting the run to last as long as 18 months.

Production in 2016 was 11.2mt on usage of 11.1mt. The deficit blew out last year with an increase in demand year on year to August and a 400,000t tightening in supply.

Even the new supply out of Dugald River and Thalanga in Queensland’s north west are not likely to have much affect in the short term, he said.

“Those mines are likely to delay the inevitable but are unlikely to bring on enough tonnages to influence the deficit," Mr Lennox said.

“To put that into perspective, the inventory five years ago ran at 1.5mt … in early 2016 the inventory dropped to 600,000t. That zinc inventory last read 250,000t, so it continues to fall.

“That said, those operations have timed it well, giving themselves the opportunity to make the most of the higher price to get the operation bedded down.

“We are at a near term high but short of the record ($1.90US/lb) spike seen in 2008. This may be more sustainable”

Glencore’s actions to restrict zinc production had largely forced the upwards movement in price said Mr Lennox, but re-opening operations including Lady Loretta and ramping up production at the George Fisher mine both north of Mount Isa were also unlikely to dilute the current enthusiasm.

“Glencore took out more than 500,000t in late 2015 and (MMG’s) Century Mine closed in early 2016 taking out more than 320,000t,” he said.

“No doubt Glencore’s move set market tongues wagging and they have benefitted from that but if that 500,000t was there now the deficit would (only) be approaching neutral.”

The zinc price bottomed out in early 20016 at $0.65 US/lb. Since then Mr Lennox said the price had ‘rattled up’ to $1.57 US/lb.

He qualified his predictions saying a strengthening US dollar would have a downward affect on commodities prices.

Northern Stevedoring Services, Wagners Transport, Aurizon and Toll Logistics have been engaged to transport zinc concentrate and related cargo on behalf of MMG.


Zinc on a high as Dugald River officially opened
New Century Resources has raised $52.9 million in a share placement as it looks to start producing zinc at the Century site in north-west Queensland next year.

It has announced the completion of a fully underwritten equity raising, saying the offer was significantly oversubscribed with strong support from a range of major domestic and international institutional investors.

“This highly successful placement puts New Century in a very strong financial position and allows us to rapidly progress the restart of the Century zinc mine and deliver on our strategy to become a globally significant zinc producer in 2018," managing director Patrick Walta said.

"We are also pleased to have received strong support from large, leading institutional investors who recognise the long-term potential of the company.”

The Century mine was the third largest zinc mine in the world prior to its closure under MMG in 2016 and still hosts mineral resources in excess of 2.6Mt of zinc, 0.7Mt of lead and 42.5Moz of silver.

New Century acquired its interest in the site in 2017 and is undertaking a restart feasibility study into the recommissioning of the existing Century processing plant via the initial treatment of tailings before examining its other primary ore sources.

The restart feasibility study is expected to be completed in late November.

New Century cashed up for zinc mine restart
Australian Mines has raised $20 million in a share placement to advance its Sconi cobalt-nickel-scandium project in north Queensland and its Flemington project in New South Wales.

The company is undertaking a bankable feasibility study (BFS), due to ​be completed in April 2018, for the Sconi project.

In support of the BFS, Australian Mines is continuing trial mining and is also constructing a demonstration-size processing plant that will be capable of producing commercial-grade samples of cobalt sulphate, nickel sulphate and scandium oxide.

These samples will be used to progress negotiations with potential off-take partners and financiers.

Australian Mines acquired 100 per cent of the project, near Greenvale west of Townsville, for $10 million cash and shares in a deal with joint venture partner Metallica Minerals in September.

The Sconi project consists of five deposits - Greenvale, Lucknow, Bell Creek, Minnamoolka and Kokomo, with granted mining leases covering all key deposits.

Funds injection for Sconi project
First concentrate production is ‘imminent’ at the Capricorn Copper operation, 120km north of Mount Isa, as a $110 million restart project comes to a head.

“The construction projects have wound up. Most of the major contractors have demobilised,” chief executive officer/managing director Carl Hallion said.

“There is still a project construction presence out there, but it is much smaller and mainly focused on commissioning and operations activity.

“Our full operating crews are in place and we’re running through those final commissioning activities at the moment.”

Lighthouse Minerals and EMR Capital took control of the mothballed Mount Gordon operation from former owner Aditya Birla in October 2015 to restart mining as Capricorn Copper.

Capricorn Copper is expected to produce about 30,000 tonnes of copper in concentrate per annum over a period of 10 years.

As the operation comes online this month, Mr Hallion says the timing has been fantastic for the new owners.

“The commodity cycle has gone pretty well and I think everyone is on the same page that most metals – and copper in particular – are starting to look pretty good,” he said.

Timing shines for new copper operation
Three 1200-tonne beneficiation modules have arrived on site and another three are due this month for construction of the processing facility at Rio Tinto's Amrun bauxite project.

West Australian supplier Civmec was awarded the $160 million contract to construct the beneficiation plant and associated water, electrical and lighting systems for the project.

Fabrication, pre-cast manufacture and assembly work for the new facility have been taking place at Civmec’s Henderson facility in Perth, Western Australia.

About 350 employees including subcontractors have been employed to work on fabrication and another 120 on module assembly.

“Fabrication of these components has showcased best practice Australian manufacturing using 4000 tonnes of Australian steel," Rio Tinto Amrun project director Marcia Hanrahan said.

“Construction of the processing facility has created hundreds of jobs in Western Australia, in addition to our current Amrun workforce of around 1200 in Queensland.

“Almost 80 per cent of the Amrun workforce are Queenslanders, including 176 indigenous employees, of which 43 are local Aboriginal people.

"We are proud of the supplier and employment opportunities we have created for Australians and there will be more to come.”

The beneficiation modules will form the central facility of the plant where bauxite from the Amrun mine will be washed and screened onsite before being shipped to customers.

In October a heavy load vessel transported three beneficiation modules and a transfer tower into the Port of Weipa.

The modules each weigh more than 1200 tonnes, with dimensions of up to 16m wide, 25m long and 30m high.

The remaining three modules are currently being fabricated in Perth and will arrive in mid-November.

Massive modules arrive for Amrun processing plant

Burdekin Shire Council has approved CleanGen Projects' plan to develop the $280 million Burdekin Solar Farm at Clare.

The 140MW solar farm, to be developed on a 227ha site at Ayr Dalbeg Rd, is expected to create up to 400 construction jobs and 10 operational roles.

Burdekin Shire Mayor Lyn McLaughlin said the CleanGen Projects solar farm represented a major investment in the shire and in the Burdekin’s potential as a solar energy powerhouse.

“The Burdekin, with its abundant sunshine and available land, is very well positioned to accommodate this type of new and exciting industry," she said.

“Our Council is all for growing the Burdekin and diversification will ensure growth in employment and a sustainable economy into the future.”

It is the fifth large-scale solar farm to gain approval in the Burdekin Shire.

CleanGen Projects managing director Koovashni Reddy said the solar farm included battery storage and would connect to the local grid.

“The battery storage will help produce power when the sun doesn’t shine and assist with grid stability services,” Ms Reddy said.

She said the project would offer apprenticeships to train local youth and would also be encouraging employment opportunities for women during the construction and operational phases.

Green light for $280m Burdekin Solar Farm