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- Release Date: 24/10/13 16:57
- Summary: MINE: BRL: Positive Environment Court Decision
- Price Sensitive: No
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BRL
24/10/2013 14:57
MINE
REL: 1457 HRS Bathurst Resources (New Zealand) Limited
MINE: BRL: Positive Environment Court Decision
POSITIVE ENVIRONMENT COURT DECISION FOR BATHURST
Bathurst Resources (New Zealand) Limited (NZX/ASX: BRL) ("Bathurst") is
pleased to advise that the Environment Court of New Zealand has issued its
decision to grant Resource Consents for the Escarpment Project near Westport.
Bathurst Managing Director, Hamish Bohannan said, "We are pleased to finally
secure these consents to develop a mine that will deliver much needed jobs
for the West Coast and generate benefits for the economy of New Zealand
overall. The consent procedure has been transparent and thorough and we
welcome this final positive decision. We can now submit the management plans
and applications to enable us to commence mining works."
The Escarpment Project is expected to create over 200 jobs and inject almost
$1 billion into the New Zealand economy over the life of the mine. In
addition, Bathurst will make a significant investment in initiatives to
protect native flora and fauna, and biodiversity enhancement programmes.
End CA:00242834 For:BRL Type:MINE Time:2013-10-24 14:57:52
