Pegasus Metals Limited is pleased to advise that its McLarty Range
Copper Project sits outside the boundary of the WA Government’s proposed
Class A national park in the Kimberley region and therefore will not be
affected by the plan. The proposed park, which includes Horizontal
Falls at Talbot Bay, comprises the area set aside by the WA Government
when it created a Mining Act Section 19 Exemption Area over the
Horizontal Falls in December last year.
The proposed park also includes areas that are not the subject of granted Exploration Licences. The tenements which form part of the McLarty Range project include one granted Exploration Licence and an Exploration Licence Application that falls outside and to the east of the proposed area of the Class A national park.
As Pegasus announced to the ASX on December 10, 2012, this Exemption Area did not affect in any way the granted tenure or access to the Bowerbird and Copper Cliff/Main Syncline prospect areas that have been the focus of Pegasus’ exploration as part of its McLarty Range Project. Moreover, Pegasus and its McLarty Range Project partner Kimminco Pty Ltd assisted the WA Government with this Exemption Area by relinquishing an ELA (E04/2001) and two blocks of a granted exploration licence (E04/1441).
The Horizontal Falls on the remote Kimberley coast attracts thousands of visitors each year.
But the area is also rich in copper and has caught the attention of the mining industry.
Despite assurances that falls won't be mined, tour operators are nervous and were pinning some hope on natural heritage listing.
The act of copper mining, processing, smelting, and waste disposal are
responsible for air quality reduction. Huge amounts of dust are generated
along with gases, tailings, and waste rock. The transportation of dust can
cause reduced visibility, coating of houses, vegetation damage, and numerous
health impacts. Copper processing releases large quantities of toxic air
particles and gases. Airborne toxins can harm both workers and citizens
located at distant locations from the mine.
The proposed park also includes areas that are not the subject of granted Exploration Licences. The tenements which form part of the McLarty Range project include one granted Exploration Licence and an Exploration Licence Application that falls outside and to the east of the proposed area of the Class A national park.
As Pegasus announced to the ASX on December 10, 2012, this Exemption Area did not affect in any way the granted tenure or access to the Bowerbird and Copper Cliff/Main Syncline prospect areas that have been the focus of Pegasus’ exploration as part of its McLarty Range Project. Moreover, Pegasus and its McLarty Range Project partner Kimminco Pty Ltd assisted the WA Government with this Exemption Area by relinquishing an ELA (E04/2001) and two blocks of a granted exploration licence (E04/1441).
The Horizontal Falls on the remote Kimberley coast attracts thousands of visitors each year.
But the area is also rich in copper and has caught the attention of the mining industry.
Despite assurances that falls won't be mined, tour operators are nervous and were pinning some hope on natural heritage listing.
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Open pit copper mine-kapunda south australia |
Photo Damian Kelly
Posts
Without a doubt Colon "Barney Rubble" Barnett would love to transform the top picture into the bottom picture.
ReplyDeleteExactly how a Colon marine park should look.
The tourist pitch would be,"if people pay good money to look into the super pit,admire the waste dumps on Koolan and Cockatoo,then they will flock to the copper tailings at the Horizontal Falls!"
Make the Chinese feel right at home.
Arctic oil spill plan leaked, criticized as 'useless'
ReplyDelete“The agreement does nothing to protect the Arctic environment and nothing to protect the peoples of the Arctic … it is effectively useless,” said Christy Ferguson, Arctic project leader for Greenpeace Canada.
To be fair, the document does declare that countries "shall maintain a national system for responding promptly and effectively to oil pollution incidents,"
For example, it stops short of listing requirements for staff, ships, clean-up equipment or corporate liability, Reuters reported. This is troubling because some experts don't think countries are capable of cleaning up a potential oil spill in the Arctic just yet. "Present oil spill response technology right now can't effectively collect oil in ice-covered waters and it remains difficult even to detect a spill on water in permanent darkness and bad weather," Per Olav Moslet, a top Arctic technology expert, told Reuters.
Oh yeah, the document is also non-binding,
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As Israel prepares to take out the Iranian bomb - we ask : Will Woodside get nuked?
Israeli Expert: Iran Could Have Bomb in 4-6 Months
Amos Yadlin says Iran already has all the necessary components needed to build a nuclear bomb. He says from the moment it decides to do so, it could complete the task between four to six months.
Prime Minister Benjamin Netanyahu has said Iran could pass the threshold Israel could no longer tolerate by this spring or summer.
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Chevron,having paid a fortune for Gorgon,must be trying hard not to cut its own throat here.
This was expected.
How will some of these companies,who have invested zillions in overpriced Australian infrastructure,handle the problem of cheap gas for LNG?
Especially to Asia.
Why should the Asians pay through the nose for the stuff ups these companies have made with their too pricey Australian projects?
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Chevron stands off with LNG buyers over pricing, warns projects at risk
CALGARY — Chevron Corp. is taking a hard line with Asian utilities and other potential buyers seeking cheaper prices on exports of liquefied natural gas from Canada’s West Coast, warning that unless sales are indexed to oil prices “the projects won’t get built.”
Chevron, the second-largest U.S. energy company, bought 50% of the Kitimat LNG project last year from Encana Corp. and the Canadian unit of EOG Resources Inc. for an undisclosed sum. As part of that deal, the San Ramon, Calif.-based oil major also scooped up a 50% stake in the Pacific Trails Pipeline, plus more than 300,000 net acres of prospective shale gas properties in northeastern British Columbia.
Chevron, via its Canadian subsidiary, joins Apache Canada Ltd. as a 50-50 partner in developing the Kitimat scheme, assuming the operator role in a project that has faced delays because of difficulties securing long-term sales contracts with buyers in Pacific markets.
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You would have to ask the question,"yeah well what the hell are you going to do with all that gas you just spent untold billions on sucker?"
China is expected to consume 165 billion cubic metres of natural gas in 2013 of which around 20 Bcm will be in the form of LNG imports, according to latest forecasts.
ReplyDelete..
Gazprom, CNPC Discuss Gas Supplies from Russia to China
Moscow hosted another meeting of the Joint Coordinating Committee (JCC) between Gazprom and China National Petroleum Corporation (CNPC).
The meeting was chaired by the JCC Co-Chairmen – Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Wang Dongjin, Vice President of CNPC.
The parties addressed various technical issues regarding the arrangement of future natural gas supplies from Russia to China, including the construction of underground gas storage facilities in the People’s Republic of China.
In addition, the parties exchanged opinions on such subjects as personnel training and sci-tech cooperation.
The agreements were reached on furthering the interaction within the mentioned areas of cooperation.
In 2009 Gazprom and CNPC inked the Framework Agreement on major terms and conditions for natural gas supply from Russia to China. In December 2009 the Basic Major Terms of Gas Supply from Russia to China were signed. In September 2010 in furtherance of the accords reached earlier Gazprom and CNPC inked the Extended Major Terms of Natural Gas Supply from Russia to China.
Currently, Gazprom and CNPC are negotiating the commercial parameters of Russian gas supply projects envisaging the annual export of about 68 billion cubic meters of gas to the People’s Republic of China.
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This field sits between Greater Sunrise and Evans Shoal,and between Darwin and Timor Leste.
(Evans Shoal is one of the fields Shell's Voser mentioned they were more interested in over Browse)
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MEO Australia: Eni to Drill Blackwood Well
MEO Australia said that Eni Australia, operator of exploration permit NT/P68, has provided notice under the NT/P68 Farm-in Agreement (FIA) dated 17th May 2011 that it will proceed with the drilling of a well in the Blackwood area of the permit.
The well will evaluate the 2008 Blackwood gas discovery.
MEO has a 50% participating interest in the well which will be 100% funded by Eni including production testing. Eni has eighteen months from the date of election to drill the well.
MEO’s CEO and MD Jürgen Hendrich commented on the announcement: “The election by Eni to commit to evaluating the Blackwood gas discovery is a key milestone in the context of the Farm-in Agreement and the potential for the Blackwood resource to underpin a commercial development.”
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Deliveries of LNG into the UK dropped in January compared with a year ago as the fuel continued to be directed at the higher priced Asia-Pacific market and the economic slump in Europe curbed demand.
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