MARKETS

Stoner reportedly backs Shenhua proposal

CHINESE coal mining giant Shenhua has enlisted the support of New South Wales Deputy Premier Andr...

Lou Caruana
Stoner reportedly backs Shenhua proposal

Stoner allegedly contacted the Department of Regional Infrastructure arguing the case for Shenhua, saying the project was “state significant” and “of a high priority”, according to information obtained by a call for papers by the Greens in the NSW upper house.

In another email, consultants acting for Shenhua reminded the NSW Director-General of Planning Sam Haddad of the financial commitments it had made to the state government, the local council and the Gunnedah community.

Greens MLC Jeremy Buckingham has tabled 1000 documents that outlined exchanges between Shenhua and the Coaliltion.

“The Deputy Premier Andrew Stoner is out there trying to kick this proposal along," he said.

"We were always very concerned about the ‘back-of-the-beer-coaster gentlemens' agreement’ that Duncan Gay was talking about and what we can see from this is you've got the deputy premier's fingerprints all over a big push to get this coal mine approved."

The Shenhua application shows the fine line the Coalition government must walk as it tries to promote coal mining developments and investments in the state while addressing concerns from its core constituency in the rural and horse breeding lobbies.

A spokeswoman for Andrew Stoner's office told the ABC it was the role of Cabinet ministers to encourage critical investment in the state.

Last month the Coalition government came out in support of the rural and horse breeding lobby by declaring a 60 day freeze on new exploration for coal and coal seam gas.

NSW Minister for Planning Brad Hazzard announced the moratorium as part of the state’s “transitional” arrangements in which exploration licence applications would have to be exhibited for public comment and extraction licence applications would have to be accompanied by an agricultural impact statement.

Regional strategic plans will be established to set out a localised approach for each region within the next 12 months.

Premier Barry O'Farrell announced the end of Part 3A of the planning laws in the first meeting of the new cabinet, stating it was “time to give planning powers back to local communities”

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