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More funding available for Queensland explorers

The Queensland Resources Council (QRC) and its exploration focused member organisation the Queensland Exploration Council (QEC) will encourage members and the wider community of minerals exploration companies across Queensland to take advantage of the Queensland Government’s latest round of exploration grants announced today as part of a COVID-19 recovery package. The QRC and QEC are...
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Proposed changes to Australia’s foreign investment law

Reforms to Australia’s foreign investment framework will become effective from 1 January 2021. On 5 June 2020 the Commonwealth Government announced the significant changes which will be introduced and are likely to impact QEC member companies. A summary of the impacting changes include: introduction of a new national security test, which will require mandatory notification of...
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Gas explorers heard – additional land on offer

The Queensland Exploration Council (QEC) has welcomed the Queensland Government Department of Natural Resources, Mines and Energy’s latest tender release of five areas for gas exploration, across almost 1500 square kilometres in south-west Queensland. Chair of the QEC Kim Wainwright said the explorer member organisation was pleased to see the government had listened to industry...
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Collaborative approach identifies top priorities for minerals exploration

The Queensland minerals exploration sector is set to strengthen its research and development capability through shared priorities developed by the Queensland Government Department of Natural Resources, Mines and Energy, the Queensland Exploration Council (QEC), University of Queensland and the Queensland Resources Council (QRC). Chair of the QEC, Kim Wainwright, said the Research and Development Priorities...
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Record interest in government grants to reboot exploration

The Queensland Resources Council (QRC) and its exploration promotion arm, the Queensland Exploration Council (QEC) supports and encourages the record number of exploration companies that have opted-in for government grants as part of a multi-million dollar COVID-19 explorer support package. QEC Chair Kim Wainwright said the explorer member organisation was pleased to see more than...
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Exploration industry recognised in road to COVID-19 recovery

The Queensland Exploration Council (QEC) is pleased to see a number of relief measures introduced today by the Palaszczuk Government, to assist Queensland’s exploration industry through difficulties faced as a result of COVID-19. Exploration relief measures announced on 6 May 2020 by Dr Anthony Lynham, Minister for Natural Resources, Mines and Energy include: a 12-month...
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Queensland Approach – Exploration Work Programs

On 20 March 2020, QRC wrote to the Premier seeking urgent relief measures for the resources sector amid the COVID-19 pandemic. Key areas included work program and relinquishment relief, rents and fee deferral. The QRC Resources Policy Team have been in constant communication with the Department of Natural Resources Mines and Energy on exploration program...
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QEC Survey finds acute impacts for Queensland explorers

The QEC recently surveyed its members on the impacts of the COVID-19 crisis affecting the exploration industry. The survey results are summarised below: Results – QEC Member Survey: COVID-19 impacts on explorers:  While the resources industry remains robust, Queensland’s explorers are facing particularly harsh challenges. Concerning, 81 percent of explorers surveyed anticipated having to decrease expenditure over...
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Queensland must act to turn explorer optimism into investment outcomes

Queensland has lost ground in the latest global survey of mining companies and investors, falling two places to number 15 in the world for investment attractiveness in the Fraser Institute Annual Survey of Mining Companies, 2019. Queensland Exploration Council (QEC) Chair Kim Wainwright said it was disappointing to see Queensland’s investment attractiveness ranking decrease for...
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QRC welcomes the State Government’s 2020 Queensland Exploration Program

The Queensland Resources Council (QRC) has welcomed the State Government’s 2020 Queensland Exploration Program which will open more than 7000 square kilometres of land for coal, gas and petroleum exploration. QRC Chief Executive Ian Macfarlane said the release of land for exploration for all resources was essential in creating new jobs, growing exports and supporting...
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