New gold mine to support 380 jobs
A GOLD mining project north of Mackay is poised to deliver 100 new North Queensland construction jobs.
The State Government yesterday granted Resolute Mining nine new mining leases as part of a $150million project to extend the life of the company's Ravenswood gold mine operations.
Resolute Mining's existing Mount Wright underground mine is due for closure next year.
The expansion will result in open pit mining at the adjoining Sarsfield and Buck Reef West deposits.
The expansion was given prescribed project status in late 2016, allowing the independent Coordinator-General to help Resolute navigate government approvals and cut red tape.
Resolute is able to fast track production by using its existing processing plant and equipment, and Buck Reef West is expected to be in production by July, reaching full capacity by 2024.
Queensland Resources Council chief executive Ian Macfarlane said the announcement by Mines Minister Dr Anthony Lynham would secure the 280 existing jobs and create another 100 construction jobs for the new mine.
"At a time of rising unemployment in Queensland, decisions like this for Resolute Mining are a recognition that mining is a Queensland strength,” Mr Macfarlane said.
"More than 315,000 Queenslanders work in the resources sector. Their jobs are delivering record exports and record royalty taxes for the Queensland Government.”