❓ Hon Jon Ford asks about alternative security arrangements to traditional bank guarantees for environmental bonds in resource projects since October 2008. The Minister for Mines and Petroleum answers that no such alternative arrangements have been sought.
AnsweredQoN 5439Legislative Council
QuestionView source ↗
I refer to the answer to question without notice No. 144 asked on 28 March 2012 regarding Minara Resources Murrin Murrin operation environmental bond, and I ask -
Since October 2008 to present -
(1) Has any other resource project sought an alternative security arrangement to that of the traditional bank guarantee on the environmental bond?
(2) If yes to (1), how many, which project and when?
(3) If yes to (1), how many 'alternative arrangements' were granted, on what basis and to whom?
(4) If yes to (1), how many 'alternative arrangements' were rejected, on what basis and which company?
Since October 2008 to present -
(1) Has any other resource project sought an alternative security arrangement to that of the traditional bank guarantee on the environmental bond?
(2) If yes to (1), how many, which project and when?
(3) If yes to (1), how many 'alternative arrangements' were granted, on what basis and to whom?
(4) If yes to (1), how many 'alternative arrangements' were rejected, on what basis and which company?
AnswerView source ↗
Answered
12 June 2012
Responded by
Minister for Mines and Petroleum
Response time
42 days
(1) No.
(2) - (4) Not Applicable.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
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(2) - (4) Not Applicable.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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