MARKETS

Wollongong Coal second guesses PAC

WOLLONGONG Coal is "confident" the New South Wales Planning Assessment Commission will approve th...

Blair Price
Wollongong Coal second guesses PAC

The view came as a PAC panel ran a public hearing over the project at Wollongong’s WIN Entertainment Centre yesterday.

“We are confident that the PAC will recognise the merits of the project and agree that with strict recommended operating conditions we can unlock the economic and social benefits of the project for the region, while ensuring the protection of the local environment,” Wollongong Coal chief operating officer Dave Stone said.

“The last few years have not been without challenge for our operations but with new management and ownership in place we stand ready to secure a sustainable long-term future and our place as key member of the Illawarra region.

“Approval of the UEP project is an important first step in delivering that vision.”

The company expects to overcome groundwater-based fears for the mine which is located 11km from the Cataract Reservoir Dam Structure.

“Detailed studies demonstrate that less than one percent of the water entering the mine is potentially coming from the reservoir catchment,” Stone said.

“We can assure the community that there is a negligible effect on the quality or quantity of water entering the reservoir.”

He also made reference to the approval PAC made in November, which allowed the company to extract part of one of the project’s eight planned longwall panels.

“Regulators and the Department of Planning now agree key environmental features including upland swamps and the Cataract Reservoir can be protected through strict operating conditions,” Stone said.

“This is considered on the back of the recent approval for 365m of Longwall 6 that the operation has gained.”

However, PAC also commented that the “employment justification” was wearing thin when it gave Wollongong that approval.

In October the commission overruled state planning department recommendations in rejecting plans to extend the Drayton, Invincible and Cullen Valley coal mines.

Russell Vale’s expansion project is targeting an increased rate of 4.7 million tonnes per annum run of mine over a five-year mine life.

Planning Minister Pru Goward previously told PAC to complete its review by March 20.

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