maybe a blessing

It maybe a blessing that CXY has moved it's interest overseas.
This will have an impact on all coal, UCG & CSG

MATT WORDSWORTH: The Queensland Government is caught between two industries that contribute so much to the state's economy.

But after months of consultation, Environment Minister Kate Jones has announced bans on new mining in two key areas.

KATE JONES: In the areas of southern Queensland around the Darling Downs, the Granite Belt, Lockyer and Fassifern Valleys and the south Burnett regions will have the highest level of protection from mining and urban development and we will protect this good quality agricultural land.

This is also the case for the Emerald, Springshore and Rollingstone regions.

MATT WORDSWORTH: But it's not clear what impact, if any, the laws will have on the coal seam gas industry.

Full story
http://www.abc.net.au/worldtoday/content/2011/s3231683.htm