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 Cadia expansion good as gold 

Cadia expansion good as gold

05 Nov, 2009 06:50 AM
CADIA Valley Operations will be given the green light to start work on a $2.2 billion expansion by the end of the year, the NSW Planning Minister hinted yesterday.

Kristina Keneally yesterday carried out a four hour above and below ground tour of the mine before a final decision on the Cadia East project is handed down by Christmas.

If approved, the project will become the largest underground gold mine in Australia and the fourth largest in the world.

“I’ve made a habit of visiting sites like this because sometimes you get more value out of spending a full day or even an hour at sites like this as opposed to spending a week reading briefing notes and looking at photos,” Ms Keneally said.

“This whole application is something quite different because I approve residential and commercial developments quite regularly but a gold mine rarely comes across my desk.”

The only barrier blocking a determination being made now is the completion of an independent water study that will examine the impacts of the additional daily use of six million litres on surrounding properties and river systems, Ms Keneally said.

“The overwhelming concern raised in the submission process was of course about water so I will be looking closely at that study before I do make that determination.”

Also visiting the site yesterday, Newcrest Mining Ltd managing director and chief executive officer Ian Smith laid out the timetable for the project should it be approved by the end of the year.

“If that happens before Christmas I plan to take it to a board meeting at the end of February and have approval in place to proceed from that point forward,” he said.

“You will then see jobs peak in 2010 and 2011 as construction gets underway. Aside from that we want to set Orange and Cadia Valley Operations up as a centre for training, for using new technological applications, for central warehousing distribution, we are really building into this area a lot more than just the mine.”

The mayors of Orange, Cabonne, Blayney and Cowra councils joined the minister for yesterday’s tour.

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Date: Newest first | Oldest first
this is the best news of the day
Posted by troy, 5/11/2009 8:39:13 AM, on Central Western Daily
Best news of the day, eh? Unless you're a local farmer, or an irrigator, or rely on groundwater for domestic supply, or are concerned for the environment...
Posted by Disgusted, 5/11/2009 5:14:36 PM, on Central Western Daily
Six MILLION LITRES of water a day!! Wow. ( No doubt troy is a shareholder or employee !!)
Posted by james douglas, 5/11/2009 5:53:42 PM, on Central Western Daily
Go live in the desert, Troy - that's what the mine will do to this region and people like you just can't see past the $$$. What an Einstein!
Posted by wha?, 6/11/2009 7:31:37 AM, on Central Western Daily
whingers.... thats all you are, look at the bigger picture, stability and good life for our future kids, the mine is all underground so it won't look bad, and besides all the waste dumps have been covered in topsoil , millions of tonnes to make it look as it was before, $$$ aren't everything, but it's good to see i can get good money for my house, if u don't like it just leave, and james seeing as u don't know much an employee of newcrest is a shareholder.. and no i am not
Posted by troy, 8/11/2009 12:32:42 PM, on Central Western Daily
Good on ya Cadia!!!!!!
Posted by sk, 9/11/2009 7:29:24 AM, on Central Western Daily
How much water to vignerons and grape growers waste producing wine? It'll be in the same order of magnitude! I get paid more for working on a mine than a vineyard so I'd GO FOR GOLD! And copper.
Posted by Donnie Brooke, 9/11/2009 9:04:57 AM, on Central Western Daily
troy, you still don't address the real issue of water. "...stability and good life for our future kids"... you won't have anything without water.
Posted by Disgusted, 9/11/2009 10:41:35 AM, on Central Western Daily
leave the mine alone, they pay good money, my husband was underpaid for years doing farm and orchard work, now we earn some decent money, water issues in orange are because of orange not the mine, too many silly comments by know it alls, im sick of reading some of these comments
Posted by Jaylene Sams, 10/11/2009 8:58:58 AM, on Central Western Daily
Either face up to reality or stop reading.
Posted by Disgusted, 10/11/2009 1:10:29 PM, on Central Western Daily
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ONE STEP CLOSER: Orange Mayor John Davis, Cowra Mayor Bill West, Cabonne Mayor Kevin Duffy, NSW Planning Minister Kristina Keneally and Blayney Mayor Bruce Kingham after a tour of Cadia Valley Operations.
ONE STEP CLOSER: Orange Mayor John Davis, Cowra Mayor Bill West, Cabonne Mayor Kevin Duffy, NSW Planning Minister Kristina Keneally and Blayney Mayor Bruce Kingham after a tour of Cadia Valley Operations.

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