Whitehaven Coal’s Winchester South project has been declared a ‘Coordinated Project’ under the State Development and Public Works Organisation Act 1971.
The Vickery coal project will create around 500 jobs during construction and 450 jobs during operations, as well as contribute AUS$271 million in wages across New South Wales.
Macfarlane said the resources sector contributed AUS$6.3 billion to the gross regional product in the Flynn electorate, which includes the energy powerhouse of Gladstone.
Universal Coal has seen record quarter sales volumes from three contributing collieries, despite decreasing international coal prices.
MCA analysis shows that without carry over units, the financial cost to Australia will be at least AUS$12.8 billion.
This approval follows more than 18 months of consultation with the Department, and the independent evaluation and endorsement of the plan by CSIRO and Geoscience Australia.
A proposed Maroon Fund, which is supported by the Queensland Resources Council, has reportedly generated US$491 million worth of funding requests for community programmes and initiatives.
Tlou Energy has completed an equity placement to Sophisticated Investors totalling approximately AUS$1.2 million.
Reynolds Soil Technologies (RST) launches a new formula to manage dust, erosion and sediment in mines.