But documents released to the ABC under Freedom of Information laws reveal the Department of Industry, Tourism and Trade calculated an even lower bond at $355 million.
The $120 million reduction is currently being challenged in a civil lawsuit making its way through the NT Supreme Court. The legal action, launched by the Environmental Defenders Office on behalf of the ECNT and traditional owners from a community on the mine’s outskirts, Borroloola, alleges Ms Manison failed to set a bond in accordance with the level of environmental disturbance.
“We have a situation here where the mining department, DITT, is not just the environmental regulator of the industry but also promotes the industry, and that creates perceptions of a fundamental conflict of interest that must be resolved.”The Northern Territory government said the higher bond figure was verified by an outside consultancy before it was accepted by Ms Manison.
Source: Entertainment Trends (entertainmenttrends.net)
Average tax paying citizen needs council approval to chop down a single tree.. look at what the greedy scumbag miners do to the land.
Wtf
What are the sequence of events to unfold before World War 3? What are the events that will take place during World War 3? MuhammadQasimDreams
Privatise the profits, socialise the losses. Again.
'Site rehabilitation and monitoring are widely expected to take hundreds of years after mining operations cease.'
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