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A tender for the upgrade of the Townsville’s Tobruk Memorial Baths has been released.

The swimming pool facility was one of the training sites for the 1956 Australian Olympic Team.

The refurbishment for the Tobruk pool will include decommissioning the existing 50-metre and toddler pools.

Historic Olympic site to be upgraded

The Tobruk Memorial Baths redevelopment is a major commitment Council made as part of the almost $400 million infrastructure spend in the Budget handed down last year, said Townsville Mayor Jenny Hill.

The Tobruk Memorial Baths were over 60 years old and in need of redevelopment, said Infrastructure Committee Chair Cr Mark Molachino.

“The redevelopment will include a new 50m pool and toddler pool, a refurbishment of the toilets and showers, a new shade structure and an updated filtration system,” Cr Molachino said.

The Tobruk Memorial Baths were opened to the public in the 1950’s and named in commemoration of the Australian servicemen that took part in the Siege of Tobruk.

The Tobruk Memorial Baths had a long history in Townsville, Councillor Ann-Maree Greaney said.

“The Tobruk Memorial Baths … are heritage listed thanks to the cultural significance of the facility and the beautiful façade of the building,” Cr Greaney said.

“This is a really important facility for locals and that’s why Council is investing in revitalising the Tobruk Memorial Baths.

The tender process opens on Saturday 20 April and will close on Wednesday 22 May.

The construction timeline for the project was pushed back due to the unprecedented monsoon.
The Minerals Council of Australia (MCA) has fired up the nuclear energy debate.

It was ‘the’ time to end the discriminatory treatment of nuclear energy by repealing the ban said MCA CEO Tania Constable.

Adding fire to the nuclear debate

<<Australian Research Reactors - courtesy of the Australian Nuclear Science and Technology Organisation>>

“Nuclear energy provides 11 per cent of the world’s electricity which is low cost, zero emission and available 24/7,” Ms Constable said.

“That is why new nuclear power stations are being built in China, the United Arab Emirates, Finland and the United Kingdom. 

“Latest generation nuclear technologies such as small modular reactors offer the potential to fully back up renewable energy sources.”

MCA acknowledged the Federal Government was not considering removing the current ban on nuclear power said Ms Constable.  

“Removing the ban would allow for Australians to have a serious conversation about a genuinely technology neutral approach towards the nation’s energy mix – delivering affordable, reliable and clean energy sources,” she said.

“The removal of the prohibition on nuclear energy will also allow for investment proposals to be brought forward.

“There is an urgent need for Australia to consider all technologies on their merits.”

The statement came in response to Prime Minister Scott Morrison’s comments that nuclear energy ‘must pay its way,’ which was welcomed by Ms Constable.
It’s going to be a big ear for gold producers.

Falling costs and firming gold prices should bring a bonanza according to S&P Market Intelligence. 

Billion dollar bonanza tipped for gold producers

They summed it up in this statement:

“Uncertainty over global growth, trade wars, the Federal Reserve’s cautious outlook on interest rates and recent Mergers and Acquisitions (M and A)deals have lifted interest in gold and gold mining companies. 

Gold mining equities’ market capitalization has halved since 2012. This devaluation and a push for consolidation has increased M and A activity, with majors capitalizing on the reduction in enterprise values in 2018.

As the gold price began to decline after hitting its peak in 2011, gold mining companies began shifting their focus to maximizing value over volume, with greater emphasis on delivering returns to stakeholders than on increasing production. 

Recent M and A deals tie into this theme as companies look to unlock synergistic cost savings through lower average costs and increased value. 

This shift has seen gold production remain relatively constant among the top 30 gold mining equities between 2014 and 2018, at about 43 million ounces per year, with a 3 per cent increase expected in 2019.

The consensus earnings margin outlook of 30 per cent for gold mining equities is supported by our view on 2019 all-in sustaining cost, or AISC, margins at 33 per cent.

Falling all-in sustaining costs, alongside rising gold production and metal prices in 2019, could see earnings for gold miners increase 17 per cent or US$3.9B year over year.”
Laneway Resources is expected to pour the first gold from its Agate Creek project this week. 

The project is located about 40kms south of Forsyth in Far North Queensland.

The first ore from Agate Creek was fed into the crushing circuit at Maroon Gold’s Processing Plant at Charters Towers late last week (Sat 20 April).

The initial processing closely follows a start to mining on April 10. 

Agate Creek plans its first gold pour

Laneway anticipates material positive cash flow from the mining activities aided by recent high prices for Australian dollar denominated gold.

The Company has brought the project into production following the recent grant by the Queensland Government Department of Natural Resources, Mines and Energy of a Mining Lease (ML100030) over the Sherwood deposit within the Agate Creek Gold Project in North Queensland.

Mining operations commenced last week in line with previously indicated timelines with the first ore being transported to Maroon Gold’s Black Jack Gold Processing Plant at Charters Towers over the last few days.

Processing through the Carbon in Leach (CIL) circuit commenced shortly thereafter.

The Plant is currently running at a throughput rate of approximately 12 tonnes per hour with the throughput rate planned to be increased to approximately 25 tonnes per hour over coming weeks.

The mining operations are being undertaken in the area covered by the Mining Lease (ML100030) over part of the Agate Creek Gold Project.

Utilising an existing processing plant has significantly reduced the capital expenditure and time to first gold production for Laneway the company said in a statement.
Gladstone Ports Corporation will have a major role to play in this year’s Brisbane to Gladstone yacht race, which starts tomorrow.

GPC acting chief executive officer Craig Walker said they were proud to provide the venue for Gladstone’s Easter celebrations, including being the finish line for the annual race.

“Facilitating the installation of a temporary 100m pontoon at O’Connell Wharf is one of the most visibly noticeable activities that takes place as part of the preparations,” Mr Walker said.

“Behind the scenes, GPC’s marina team also works relentlessly to ensure that all permits, berth allocations and other preparatory works are completed in the lead-up to the Easter long weekend.

“Working around the clock, the marina team ensures they accommodate the arrival of the yachts, while being fully equipped as a safety response vessel for the race.

“GPC is honoured to provide the facilities that allow the Gladstone community a front row seat to (watch) the arriving yachts.”

The 71st edition of the 308-nautical mile race starts tomorrow from Shorncliffe.

After the start, yachts proceed via a mark off Redcliffe Point to the North West Channel to Caloundra and through to Gladstone.

Entrants include the best Queensland-based racers, as well as interstate rivals.

Queensland yacht Black Jack took an impressive line honours victory last year and smashed the 14-year-old race record in the process.

However, the overall winner of the race, and the prestigious Courier Mail Cup, one of the oldest perpetual trophies in Australia, was Ichi Ban, which backed up its win from 2017.

Gladstone port gets ready to welcome yachts
Whitehaven Coal’s planned Winchester South coal mine near Moranbah will deliver hundreds of coal mining jobs and boost the Central Queensland economy for decades, CFMEU Mining & Energy said today.

CFMEU Mining & Energy Queensland President Stephen Smyth welcomed the Queensland Government’s announcement that the $1 billion project would be declared a co-ordinated project, streamlining approvals.

If approved, the project is estimated to commence construction in 2021, with the first coal extraction proposed for 2023.

“This announcement means the Winchester South Coal Operations proposal has passed the major hurdles. It is now in the hands of the Co-ordinator General to get the mine up and running,” Mr Smyth said.

“It is great news for Central Queensland mining towns. In addition to direct jobs building and operating the mine, local businesses will also benefit from the economic activity the new mine generates.

“This is a welcome indication of the Queensland Government’s commitment to local mining jobs and industry.”

The Winchester South proposal is for an open-cut coal mine, producing predominantly metallurgical coal for steel-making over a period of 30 years.

At full capacity, the mine is targeting run-of-mine production of approximately 15Mtpa of coal. 

The new mine is expected to create about 500 jobs throughout the two-year construction period and up to 450 full-time jobs during operation.

Member for Mackay and Assistant Minister for State Development Julieanne Gilbert said the proponent would target local employment in regional towns.

“This is good news for places like Moranbah, Dysart and Coppabella, and provides even more opportunities for regional Queensland,” Ms Gilbert said.

Mr Smyth said the CFMEU looked forward to working with Whitehaven Coal to make sure the jobs generated by the mine were permanent, secure and well-paid.

Boost for $1b coal mine proposal