Gregory mine to shut next month

BHP Billiton Mitsubishi Alliance (BMA) today announced it would cease production at its Gregory open-cut mine, which is part of the Gregory Crinum complex near Emerald, from October 10.

About 300 positions will be impacted by the decision.

The decision follows a continuing operational review of the Gregory Crinum operations, which determined that the Gregory open-cut mine production was no longer profitable in the current economic environment of falling prices, high costs and a strong Australian dollar.

BMA Asset President, Stephen Dumble said production costs for the open-cut Gregory mine currently exceed the revenue from product sales, and therefore the only option available to the company was to cease production.

Check out tomorrow's Bully for more information.



Reef campaigners decry decision to move CQ mine forward

Premium Content Reef campaigners decry decision to move CQ mine forward

The Department of Environment announced on Friday it was allowing Clive Palmer’s...

MP details state’s CQ education plans

Premium Content MP details state’s CQ education plans

Rockhampton, Gladstone, and Longreach will be among the recipients.

Ireland, Lauga on council’s call for GKI feedback

Premium Content Ireland, Lauga on council’s call for GKI feedback

The council recently asked for input into the State Government’s $30 million to be...