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Tag: Ernest Henry

Ernest Henry to draw on $259m renewable energy project

APA Group will invest $259 million to build a 72MW solar farm and 52MW/104MWh battery energy storage system in Mount Isa, underpinned by a deal to supply Ernest Henry mining operations.

Construction of the Sybella Creek solar farm and BESS is expected to begin this year, with project completion planned by mid-2028.

APA Group announced a final investment decision on the project today.

The company said the related energy supply agreement (ESA) with Evolution Mining subsidiary Ernest Henry Mining ran until mid-2046.

Under the ESA, APA's gas-powered Diamantina power plant will provide firming capacity and. . .

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Evolution Mining unveils ripping returns for FY26

Ernest Henry mine owner Evolution Mining delivered its strongest financial result on record in FY26, including a 63 per cent jump in the group's underlying net profit to $1.563 billion

The company will pass 60 per cent of its annual cashflow on to shareholders, returning about $833 million for the full year, in line with its new dividend policy.

"The record financial performance is on the back of safe, consistent and reliable operational delivery, complemented by our disciplined approach to cost and capital management," Evolution (ASX. . .

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Ernest Henry operations deliver record cash flows

Evolution Mining's Ernest Henry operation near Cloncurry has delivered record half-year cash flows while weathering a late-December flooding event that temporarily suspended underground mining.

The copper-gold mine generated operating cash flow of $338.4 million for the six months to December 31, a 48 per cent increase on the prior corresponding period.

Net mine cash flow reached $240.2 million, up 65 per cent from $145.9 million in the December 2024 half, making Ernest Henry the second-largest cash contributor to Evolution's portfolio behind Cowal.

Evolution presses ‘go’ on $160m Bert development

The Evolution Mining board has given the green light for a $160 million investment to develop the Bert ore body at North-West Queensland's Ernest Henry mine.

Bringing the additional mining front online at the copper-gold site offered incremental, additional feed to tap latent mill capacity, the company said.

Key points:

  • Evolution Mining board approves Ernest Henry growth project
  • Ticks off $160 million to develop Bert ore body
  • Comes as company reports record half-year. . .

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Apprentices help Glencore ‘future-proof’ its business

Glencore is taking on 39 new apprentices at Mount Isa Mines and Ernest Henry Mining this year.

The Queensland Metals Apprenticeship Program offers a pathway for careers in trades including electrical, diesel fitting, boiler making, fitter/welder, auto-electrical, motor mechanic or radio technician disciplines.

Glencore Queensland Metals manager risk audit and training Greg Palm said the program was about future-proofing the business ensuring it had the right mix of qualified skills for the future.

“Our comprehensive four-year program covers all aspects of the apprentices' chosen field, and sees them rotated through different areas of our operation to. . .

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Ernest Henry revamps regrind milling circuit

The team at Glencore’s Ernest Henry Mining has reconfigured the regrind milling circuit by installing a new Vertimill cyclone pack to replace an ageing cyclone pack at the plant.

The installation was completed over three days in November, with the project including raising the underflow launder, installing a working platform and access stairs.

Ernest Henry Mining concentrator manager Shane Morrissey said the project had made the area safer to work in and take samples from, while also improving copper recoveries.

“This project saw significant contributions from the maintenance, engineering, metallurgy and operational teams who collaborated to improve operational efficiencies. . .

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Glencore's Mount Isa Mines

Shake-up for Glencore’s Qld metals operations

Glencore is combining its Queensland copper and zinc operations under a single management structure, but says it is too early to comment on what the change will mean for jobs .

This image has an empty alt attribute; its file name is https://e76cks8rm9p.exactdn.com/wp-content/uploads/2024/03/a.jpg?strip=allMatt O'Neill, Glencore.

The restructured Glencore Queensland Metals businesswill be headed up by Matt O'Neill, the chief operating officer for. . .

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Workers vote down Glencore enterprise agreement

Proposed enterprise agreements for Mount Isa Mines and the Ernest Henry Mine have been voted down by Glencore’s workforce.

The Australian Workers’ Union welcomed the results, saying Glencore’s proposed EBA failed to lock-in a pay rise and also failed to take action on other key issues facing the workforce.

AWU Queensland Branch Secretary Steve Baker said union members had sent Glencore a clear message that they deserve a better deal.

“Glencore makes $15.8 billion – they can. . .

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