BUNDABERG COAL FINDS EXCITE MINING COMPANIES

The mining resources boom may be a handful of years away from significantly impacting the Bundaberg Region but the signs are positive that mining in the region will become a reality.

Bundaberg Regional Council Mayor, Cr. Mal Forman said he was excited by the news that mining joint venture partners headed by International Coal had reported finding good deposits of high quality coking coal in an area to the north east of Bundaberg.

“I am advised International Coal is now ramping up its exploration of the area following this find,” said Cr. Forman.

“A recent report indicated that the results of further drilling and core samples from across the region will be known in around two to three months.”

“International Coal has been exceptionally collaborative with Council and has been mindful to consult in detail with all stakeholders.”

Cr. Forman said there was obviously a lot of work to be undertaken before any firm decision regarding mining in the region was a reality.

“It is important that our community be consulted every step of the way but the potential for job creation at our back door is a fabulous prospect and one that must be seriously canvassed.”

Cr. Forman said the find was around 50 kilometres from Bundaberg around the Avondale area. “From all reports the find is very significant and has the joint venture partners very excited. I understand the precise quantities of coal have not yet been identified but the news is extremely positive.”

“Mining could open a whole new chapter in the future of our region. It has to be greeted as positive news.”

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