The Supreme Court’s decision to overturn last year’s Land Court decision on the expansion of the New Hope Coal’s New Acland mine near Toowoomba provides “new hope” for up to 3000 direct and indirect jobs, Queensland Resources Council Chief Executive Ian Macfarlane said.
“The Supreme Court has overturned the Land Court decision to deny New Hope a mining lease for the New Acland Stage 3 expansion and remitted it back to the Land Court,” Macfarlane noted.
“Without the expansion, the mine is due to cease operations around 2020 putting hundreds of people out of work and creating massive economic pain in Oakey, surrounding areas and Toowoomba.
“With the expansion, the mine will be able to produce 7.5 million tpy of coal for 12 years, providing more jobs, more economic opportunity and more revenue for every tier of government. Construction of the mine would be over a three year period and the mine would operate until 2031.
“In terms of direct employment, with the expansion the mine will employ 726 staff and contractors in 2025; without the expansion it would employ only 35.”
Read the article online at: https://www.worldcoal.com/mining/03052018/a-new-hope-for-the-new-acland-coal-mine/
You might also like
Black Royalty Minerals Koornfontein has signed Bettercoal’s letter of commitment.