https://www.miningweekly.com

Alkane's Dubbo enviro plans approved

Alkane's Dubbo enviro plans approved

Photo by Bloombeg

25th August 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – The share price of Alkane Resources responded positively on Tuesday after the federal Department of Environment gave the go-ahead for the development of the Dubbo zirconia project, in New South Wales.

The Department of Environment had assessed the project’s impact on the pink-tailed work lizard (PTWL), a threatened species in the region.

The approval incorporated a number of conditions, including a maximum limit of ground clearance of the defined extent of the PTWL habitat, the submission of a mine site PTWL management plan, a biodiversity offset management plan and securing of the lands identified as the offset area as a biodiversity offset by legal instrument.

Alkane pointed out on Tuesday that a comprehensive PTWL management plan had been submitted as part of the environmental-impact statement to the state government.

State development consent was granted in May and, by June, the project had received development consent from the Planning and Assessment Commission.

The project was expected to extract 19.5-million tonnes of rare metals and rare-earth ores from an opencut mine, over a 20-year mine life, at a rate of one-million tonnes a year.

Alkane was also proposing to establish a processing facility to produce 75 000 t/y of concentrate, which would be transported to either Port Botany or Newcastle for export.

Alkane’s shares were trading at a high of 23c a share on Tuesday, up from 21.5c a share.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

The combined entity will have a leading portfolio of tier-one assets, focused on iron-ore, metallurgical coal and future facing commodities, including potash and copper.
BHP makes £31bn offer for Anglo American
25th April 2024 By: Mariaan Webb
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.106 0.14s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: