THE hiccuping of Queensland's traditional engine room in Central Queensland is being drowned out by the economic roars from new frontiers in coal and gas.
Mines in the Bowen Basin, west of Mackay, have long been the epicentre of the State's coal mining booms but new figures point to the emerging Galilee Basin west of Rockhampton and Curtis Island near Gladstone powering up to take its place.
New figures from the Federal Bureau of Resources and Energy Economics released on Wednesday showed record-breaking investment in Australia's resources industry.
BREE research found 87 committed developments worth $268 billion across the country with $78.4 billion or almost 30% coming from 22 projects planned for Queensland.
By comparison, New South Wales had 16 projects worth a total of $9.5 billion or 3.5% of the total.
BHP Billiton Mitsubishi Alliance mothballed its Norwich Park and Gregory coal mines this year as coal prices waned.
It also postponed its Red Hill mine, a plan worth $2.2 billion.
Rio Tinto wound down its Blair Athol operation, which closed last week
Most mining giants also launched company wide cost-cutting measures, often cutting the number of contractors.
There were still 10 coal projects worth a total of $10.2 billion in the Bowen Basin, capable of creating at least 2800 building jobs and another 1610 to operate the mine.
On paper the figures appear paltry when compared with $60.8 billion being invested in liquefied natural gas projects near Gladstone.
Those projects will employ up to 17,000 through construction and up to 3000 once operating.
To the west, $23.15 billion is to be spent in the Galilee Basin, which - if all were successful - would deliver 130 million more tonnes of thermal coal a year for export.
BREE senior economist John Barber said the Bowen Basin lacked the enormous plans plotted for other parts of the State.
"There aren't that many mega projects in the Bowen Basin," Mr Barber said.
"There are some large ones, worth more than $1 billion, but not of the scale of the thermal coal and LNG elsewhere in the State."
Mr Barber said although there appeared to be a slowing in some areas, other parts of the State were making up for it.
"It's never a good thing for a community to have a project delayed or cancelled," he said.
"But when you look at a (state) level instead of regional impacts, it has seen growth due to those LNG projects," Mr Barber said.
Federal Resources Minister Martin Ferguson warned that big numbers did not guarantee a booming industry.
He said while mineral prices remained low, challenges would persist.
"In the face of lower commodity prices, the delivery of this pipeline of projects is contingent on keeping production costs down, providing access to skilled labour and increasing our productivity and efficiency," Mr Ferguson said.
Situated in the prestige's hillside estate surrounded by quality properties sits this spacious Villa. You will love the style and good taste that has gone into...
This home will suit either the first home buyer or the horse racing enthusiast on both price and location. A highset home on timber stumps and fully concreted...
If you're looking for the perfect location in a quiet street close to shops, schools and the university then this one is for you. Features include 2 bathrooms, 3...
If you have been looking for that special home in popular Frenchville then this home is a must for you to inspect. Located with-in the Frenchville School Precinct...
Ready to go is this highset property in Wandal, positioned on a 769sqm block and positioned close to Wandal shopping precinct, Rockhampton airport, major schools...
This spectacular American style bungalow home offers all the traditional charm and character that any family will enjoy whilst positioned in a perfect location on...
Are you looking for a great investment or are you a first home buyer looking to buy a brand new home? Step inside these conveniently located, easy to maintain...
This master crafted home by Eddie Schofield builders will surpass all expectations. Designed for family in mind this grand home is an entertainer's delight.
This is a stunning renovated home at a price that will pay for itself! A fantastic high set home with absolutely no work to be done! Move in or rent out...
This neat and tidy cottage style home has many features! Offering 3 bedrooms all with security screens, an additional study, open plan living as well as a detached...
Join the Community.
Get your local news, your way.
Update your news preferences and get the latest news delivered to your inbox.