Newspaper article The Morning Bulletin (Rockhampton, Australia)

Palmer Stakes out a Mine

Newspaper article The Morning Bulletin (Rockhampton, Australia)

Palmer Stakes out a Mine

Article excerpt

Byline: Christine Mckee Christine.Mckee@capnews.com.au

WITH attention firmly on the Bowen Basin mines, another Central Queensland coal project is gathering momentum, much closer to Rockhampton.

About 40 people attended a public meeting, 130km northwest of Rockhampton, in Marlborough on Thursday night to hear an update on Clive Palmer's Central Queensland Coal Project.

Among them was Livingstone Shire Councillor, Glenda Mather, who said everyone was "well behaved" and received a lot of information.

"The main concerns were depletion of underground water resources and the potential to contaminate water with coal dust ending up on roofs, in rainwater tanks and in their lungs," she said.

"There were also concerns about the number of trains."

The project's proponents are Central Queensland Coal and Fairway Coal. Both companies are subsidiaries of Waratah Coal, a fully-owned subsidiary of Mineralogy Pty Ltd, which is owned by Clive Palmer.

The plan is for three open cut pits and a rail connection to the Queensland Rail North Coast Line.

The project is situated about 25km from Marlborough in the lower catchments of Tooloombah Creek and Deep Creek, within the Styx River catchment.

It lies on cattle grazing country, 8km from the nearest boundary of the Great Barrier Reef Marine Park.

Contained within the Styx River catchment are substantial coal resources of semi-soft coking coal and high grade thermal coal.

The project is yet to be approved with an Environmental Impact Statement currently being prepared for public comment.

If the approvals to mine are granted, $242.68million is estimated in capital expenditure with an operational expenditure of more than $4billion over the life of the mine and generating $562million in royalties for the Queensland Government.

About 500 mainly drive-in, drive-out workers would be needed during construction and 250-500 once operational with an expected life of 20 years. …

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