May 2, 2017
Moreton Resources has updated the ASX on its proposed Kingaroy Coal Mine, saying the company expects a determination from the State Government on its mining lease application by mid to late 2018.
Executive chairman Jason Elks said the project was proceeding through the mining lease application and Co-ordinated Project (environmental impact statement) stages.
“Considerable site reviews have been undertaken and GHD consultants have recently begun fauna and flora surveys on behalf of the company as they pertain to the Environmental Approvals process for the proposed mine site and transport corridor,” Mr Elks said.
Mr Elks noted later in the document that Moreton continued “to hold the view that coal will have an important role to play in Australia’s energy mix for decades to come”.