COMPANY ACTIVITY

NuCoal presses government for say in Doyles Creek decision

NUCOAL Resources has written to the New South Wales premier, treasurer and relevant senior minist...

Lou Caruana
NuCoal presses government for say in Doyles Creek decision

The Operation Acacia terms of reference included whether recommendations should be made to the government regarding licenses or leases under the Mining Act 1992 (NSW) over NuCoal’s Doyles Creek project area in the Hunter Valley.

Public hearings by the Independent Commission Against Corruption into the allocation of exploration licence EL 7270 to NuCoal’s wholly owned subsidiary, Doyles Creek Mining, ended on May 17.

“NuCoal is pressing for the complete report to be provided urgently,” the company said.

“NuCoal was legally represented at the public hearing with instructions for counsel provided by a sub-committee of the board comprising NuCoal’s independent directors.

“A member of the sub-committee attended the public hearing on most sitting days.”

ICAC’s commissioner has indicated that there will be a report as to aspects of Operation Acacia submitted to parliament this month, followed by a further report as to the other aspects.

ICAC was responding to allegations to the corruption watchdog that a mine training school project at Doyles Creek was a pretext to gain approval by then minister for resources Ian Macdonald.

The training school was proposed by former Construction Forestry Mining and Energy union leader John Maitland, who made a windfall profit of $15 million when the project was sold to NuCoal in February 2010.

ICAC heard that Macdonald granted the licence to interests associated with Maitland without a competitive tender because of his friendship with the former union leader.

NuCoal managing director Glen Lewis told ILN that the company had fully complied with the conditions of its exploration, which included the development of the Hunter Valley training school.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production