Kestrel Mine flies into new era

A new era began for the Kestrel Mine, west of Emerald, today when the Kestrel South extension was officially opened by Treasurer Tim Nicholls.

Mr Nicholls said the opening of Kestrel South provided yet more evidence that Queensland’s coal industry has a vibrant future.

“Kestrel Mine, managed by Rio Tinto, will have its life extended by 20 years with the opening of this extension and will employ more than 500 people,” Mr Nicholls said.

“Kestrel South will contribute to our expected 7.6 per cent growth in coal exports this year.

“Queensland ports are putting through tonnages at pre-GFC levels with a total of just over 34 million tonnes exported from Queensland in July and August.”

Mr Nicholls said the Newman Government was supporting the coal industry through a raft of measures aimed at reducing red and green tape.

“We’ve implemented reforms to streamline resource permit approvals, we’ve cut the time taken to assess Environmental Impact Statements and we’re delivering a more integrated approvals process.

“The Government is also supporting future exploration and investment in the mining industry.

“This year’s Budget included $30 million for the Geological Survey of Queensland.

“As well, the Government’s Resources Cabinet Committee, set up last year, is working on strategies to support the industry.

“One of the committee’s goals is to get to a point of have a single piece of legislation covering the resources industry.”

Mr Nicholls said the Government would continue to work to support the resources sector with streamlined process and pro-growth policies to ensure mining companies continued to invest, employ and grow in Queensland.

 [ENDS]  15 October 2013

Media Contact: Treasurer’s Office (07) 3719 7200