AUL 0.00% 28.5¢ austar gold limited

calcifer change lawyers....again, page-41

  1. 4,289 Posts.
    Simonovj I have been thinking and slightly worrying about the same thing with the upgraded lawyers, but I have to say that I totally agree with Hardmans sentiment that it shouldn't make much difference. Calcifer have previously had lawyers hold documents from them pending payment and all sorts of other issues that have forced them to change lawyers.

    On another note with Calcifer I notice they have just been granted some tenements near Mareeba which is close to Mt Mulligan where they will be exploring for minerals other than coal. see link -

    http://mines.industry.qld.gov.au/assets/mines-pdf/epr_310_20120108.pdf

    You will also notice on that link that many other Co's have applied for and/or been granted tenements in far north Queensland.I have cross matched the tenement numbers from these and found that while most of these are further north, some are very close to Mt Mulligan.

    It appears there is a bit of a rush for coal starting in north Queensland. See below -

    "Cape York coal rush on by: Sarah Elks From: The Australian August 18, 2011 12:00AM

    COALMINING companies have swooped on Cape York, lodging a raft of new applications to explore for a rare, highly valuable form of coal.
    As the influential green lobby vowed to transform this latest mining frontier into a divisive election issue, the Bligh government is considering 16 applications for coal exploration permits in the area, 13 of which have been lodged in the past six weeks.

    The government, under increasing pressure over mining on prime agricultural land, has already signed off on four separate permits near the Rinyirru National Park, north of the Aboriginal community of Hope Vale on eastern Cape York.

    The Wilderness Society's Gavan McFadzean said the Cape was the "next big target" for the coalmining industry, but warned it could have disastrous environmental consequences.

    None of the mining applications affect basins already protected under the government's controversial wild rivers legislation -- which bans mining within a 1km buffer zone of the waterway -- but some rivers have been earmarked for future declarations.

    ...The Wilderness Society yesterday demanded both the Bligh government and the Liberal National Party opposition reject coalmining on Cape York before the next Queensland election, due by March.

    Mines Minister Stirling Hinchliffe said Queensland had some of the world's toughest environmental protection regulations, with very few exploration permits leading to a viable mine.

    "Those permit holders have got a long, long road ahead of them and they know it," Mr Hinchliffe said.

    The LNP's environment spokesman, Andrew Powell, refused to be drawn on whether the party would ban coalmining on the peninsula. "Coalmining on the Cape is not something we are considering," he said.

    Anthracite, a particularly rare and valuable form of coal, was first discovered on the Cape's southeast in the late 1800s.

    Colin Randall, the managing director of Mineral and Coal Investments, one of two companies to secure an exploration permit in the area, said Australia currently imported all of its supply of the mineral from Vietnam.

    "Of all the coal in the world, it's in the shortest supply," Mr Randall said, explaining the company was planning a small-scale, niche mining operation on the Cape. "It's high-rank, high-value coal, and very rare."
    ends...

    Cheers
    B Rubes
 
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