Source: Reuters
Australia’s provincial government in Queensland has given mining giant Anglo American, a go-ahead to build a R14 billion (AUS$1,7 billion) Grosvenor mine project.
The massive project is expected to triple the company's metallurgical coal production by 2020. According to Queensland Natural Resources and Mines Minister, Andrew Cripps, "The Grosvenor mine will create up to 1 000 new jobs for Queenslanders and represents a significant expansion of Anglo American's Queensland operations."
The mine will comprise a single new underground long-wall mine targeting the same well as Anglo American's Moranbah North mine. The company spokesperson says site construction work will now commence with bulk earthworks, access roads and the cut-and-cover tunnels for the two drifts from the surface. The first coal production is planned in 2013, while long-wall mining will begin in 2016.
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