❓ A parliamentary question regarding the lack of an environmental bond for the Balmoral South Iron Ore Project and the status of an alternate bond mechanism under the Mining Act 1978. The answer indicates the bond amount hasn't been calculated as the project proposal is yet to be submitted.
AnsweredQoN 6080Legislative Assembly
QuestionView source ↗
I refer to the State Government’s decision not to impose an approximately $45 million environmental bond condition in relation to the Balmoral South Iron Ore Project, and instead impose an alternate bond mechanism through the
Mining Act 1978
, and ask:
(a) what was the amount of the alternate bond;
(b) on what date was this alternate bond amount approved by the Minister;
(c) what is the name of the alternate bond;
(d) has the bond been applied and if not, why not;
(e) if the bond has been applied, has the bond amount been paid; and
(f) if the bond has been applied and not paid, why not?
Mining Act 1978
, and ask:
(a) what was the amount of the alternate bond;
(b) on what date was this alternate bond amount approved by the Minister;
(c) what is the name of the alternate bond;
(d) has the bond been applied and if not, why not;
(e) if the bond has been applied, has the bond amount been paid; and
(f) if the bond has been applied and not paid, why not?
AnswerView source ↗
Answered
27 September 2011
Responded by
Minister representing the Minister for Mines and Petroleum
Response time
20 days
(a) The Minister for Environment announced in the release of the Appeal Determination (No. 303 of 2009) relevant to report and recommendations of the Environmental Protection Authority that the Balmoral South Iron Ore Project would not be bonded under the
Environmental Protection Act 1986
and noted that bonds would be applied under the
Mining Act 1978
at the appropriate time. The amount of the bond has not been calculated by the Department of Mines and Petroleum yet as no project proposal has been submitted by Mineralogy Pty Ltd to the Department of State Development. Once the project proposal is submitted, the disturbance areas will be known and the Department of Mines and Petroleum's bond policy will be applied to calculate the bonds.
(b) Not applicable
(c)- (d) See answer to (a) above.
(e ) - (f) Not applicable
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Environmental Protection Act 1986
and noted that bonds would be applied under the
Mining Act 1978
at the appropriate time. The amount of the bond has not been calculated by the Department of Mines and Petroleum yet as no project proposal has been submitted by Mineralogy Pty Ltd to the Department of State Development. Once the project proposal is submitted, the disturbance areas will be known and the Department of Mines and Petroleum's bond policy will be applied to calculate the bonds.
(b) Not applicable
(c)- (d) See answer to (a) above.
(e ) - (f) 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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