Mine Expansions Create Boom in Mt Isa

The expansion of the George Fisher mine in Queensland, Australia may cost $274 million, but will also provide the Mount Isa region with hundreds of jobs. The zinc mine is one of the largest in the world and is owned by Xstrata. Located in north west Queensland the mine is hoping to produce 30% more zinc after the expansion by 2013.

The announcement for the expansion of the mine comes after another major development for the city. This was the recent decision to expand another mine in Mount Isa, which was the Black Star project.

The Mayor John Molony shared the news with city residents saying that the region’s profile would rise to a major global player with these proposed expansions. He said that while you could not call it a mining boom, it was a bit bigger than a mini boom.

President of the Mount Isa Chamber of Commerce and Industry said that a number of projects were moving forth in the north west minerals province. This included Xstrata’s George Fisher mine, Ernest Henry mine, a proposal for a major phosphate plant, the Elouise mine and Mount Gordon.

Mr Peterson also said that the money started flowing into the regions mines as soon as the Federal Government scrapped its proposed mining tax.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Chai, Cameron. (2019, February 18). Mine Expansions Create Boom in Mt Isa. AZoMining. Retrieved on December 07, 2024 from https://www.azomining.com/News.aspx?newsID=1286.

  • MLA

    Chai, Cameron. "Mine Expansions Create Boom in Mt Isa". AZoMining. 07 December 2024. <https://www.azomining.com/News.aspx?newsID=1286>.

  • Chicago

    Chai, Cameron. "Mine Expansions Create Boom in Mt Isa". AZoMining. https://www.azomining.com/News.aspx?newsID=1286. (accessed December 07, 2024).

  • Harvard

    Chai, Cameron. 2019. Mine Expansions Create Boom in Mt Isa. AZoMining, viewed 07 December 2024, https://www.azomining.com/News.aspx?newsID=1286.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.