4:29pm: After all of last week's to and fro, Environment Minister Tony Burke has now given conditional approval to Whitehaven Coal's Maules Creek project.
Good news for Whitehaven, but alas, it came after the market closed.
In a statement, Burke said he was satisfied the Maules Creek and Boggabri coal mine projects could go ahead without unacceptable environmental impacts.
The decision comes four days after Whitehaven said it expected the government to delay a decision until late April. Burke said he brought the decision forward after the New South Wales state government released sensitive information about the project
Read more: http://www.theage.com.au/business/markets-live/markets-live-shares-slip-in-thin-trade-20130211-2e79l.html#ixzz2KZHlwIoJ
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