QLD Mining and Energy Bulletin
Issue link: http://ebook.aprs.com.au/i/31843
Judge Panckhurst said he expected “active involvement” from the company in the inquiry. Source: BBC News Linfox driven to be part of mining boom Transport operator Linfox has embarked on a $68 million development in Perth to service the resources industry. The company said that it had secured 8ha of prime industrial Perth real estate at Hazelmere for what it described as a “super-site” for its growing resources industry customers that include BHP Billiton and Fortescue Metals. Linfox also partners Agility Logistics in offering services to the multi-billion dollar Gorgon gas field development. Linfox chief executive Michael Byrne said the state-of-the-art facility will support a boom industry in which the company intends to spend $200 million on specialist fleet and equipment by 2013. Byrne said Hazelmere offered efficient access to major highways for the company’s double road trains and would begin operating in early 2012. Linfox had also secured land at Port Hedland to service the port and was considering further developments in Karratha, Dampier, Broome and Darwin in the coming year, he said. Source: Herald Sun Uranium miner’s shares slump on forecast loss Shares in uranium miner Energy Resources of Australia have slumped more than 10 per cent after the company flagged a first-half loss. Speaking at ERA’s annual general meeting, its CEO Rob Atkinson said 2010 was an extremely difficult year after heavy rains suspended production at its Ranger mine in the Northern Territory. ERA said a strong Australia dollar has also dampened revenue. The company’s shares have fallen around 30 per cent since the radiation leaks at the QLD Mining and Energy Bulletin Winter 2011 [17 17 17] Fukushima nuclear plant in Japan sparked debate about the safety of nuclear energy. Atkinson says it will be a while before sentiment surrounding nuclear energy improves. He says its up to the industry now to prove its safety and restore confidence, but he remains positive that the nuclear disaster in Japan will not hamper demand for uranium exports in the long term. “People are going to rightly have their doubts, and that’s something that not only the nuclear industry has to work through, but governments have to work through to reassure their people,” he said. “I think there’s a long road to haul here, and its up to the industry to demonstrate its response to Japan and to demonstrate the ways in which they can reduce the risks even further.” Source: ABC News All news was correct at the time of printing.