I found the recent events encouraging too Fluff. Seems that the...

  1. 547 Posts.
    I found the recent events encouraging too Fluff. Seems that the case for jobs and development at the rural community of Burra is compelling for many and that we have an even chance at getting this one through; atm Burra has just a handful of tourism jobs, certainly insufficient to keep the youth there and make the community vital. What about this comment from the community meeting 'If the area was to ever be developed then Phoenix is the company to be trusted' not a bad wrap eh! For those interested please read on from a 'DYOR'post I made back in April. Cheers, F

    feasability of el 4226 (filcorp)
    Forum: ASX - By Stock (Back)
    Code: PNX - PHOENIX COPPER LIMITED ( 15c | Price Chart | Announcements | Google PNX)
    Post: 5274635 (Start of thread) Views: 129
    Posted: 18/04/10 12:30 Stock Price (at time of posting): 19.5c Sentiment: Buy Disclosure: Stock Held From: 220.237.xxx.xxx

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    Just looking at the issues surrounding the current application with the minister for exploration rights over the monster mine site at Burra. I've had a conversation with a helpful gentleman who has municiple responibilities in Burra; As the town has approx 1000 people it has no mayor but this gentleman acts in that capacity as I understand. Firstly some background info about Burra which I found out from the infomation centre; It's classified as a national 'heritage town' with a current application for 'world listing'; Despite this only a handful of jobs in the town are gained from tourism; many young people move on to find employment. Housing is in short supply because of the wind farms being set up in the area atm with no land allocated for supply ( well atm anyway)
    From the 'Mayor'; He was aware of the application but was not aware of any consultation from the minister with the town .He said 'PNX would be very welcome in the area but it would be the impact of the mine that would ultimately determine community support';
    I put to him a scenerio like the gold superpit at Kalgoolie WA in which the mine and town coexist ;His response was ' Mine dust similiar to the coal mines in the Hunter Valley would be unacceptable to the community ; An underground mine with low impact might well be supported. Also in the 1970's they reached maximum depth in the mine whereby it was uneconomic to continue, there is a large aquifer here so getting ore out from below the water table was a big problem; Future mine activity which required dewatering( getting the water out so you can get to the ore) would need reg approvals and that may be difficult. Then you have the impact on the water table itself as a result of pumping the water out. Also there are 1840's buildings on the site so we would need to see what the impact would be to them. If the mine operation was long term then that would be far more favorable than the current situation where the windfarm employment has a shortterm life of 18 months. There certainly are some complex issues that would need to be resolved.'end of conversation.
    That raises some questions for me;
    Would community consultation be a normal part of the decision making process for the minister in granting exploration rights at Burra?
    Given that the area has already been mined down to the watertable is there a prospect that the monster mine ore body continues somewhere above the water table?
    If the ore grades were good enough then could an underground mine at Burra be feasible? F


 
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