Australia's Queensland State Government hasgiven Bandanna Energy an environmental nodfor its Springsure Creek coal mine project, southwest of Rockhampton.
The Queensland Department of Environment and Heritage Protection released a report saying the company may proceed from environmental impact assessment to submission of an environmental management plan.
"The environmental management plan is actually a key working document, which includes all the key strategies that we need to undertake on a day-by-day basis," said Bandanna managing director, Michael Gray.
"Then as part of that, the environmental licence and the environmental authority is the key document that we get measured against, and that includes specific conditions about noise levels, water monitoring, all those sort of key activities that are required."
The underground mine is expected to be in operation for 40 years producing up to 11 million tonnes per annum (Mtpa) of thermal coal, to be extracted using the longwall method.
Read more: Explosives Lift Orica to Profit, Mining Services Drag
Orica Limited has lifted profit by 49 per cent to $602 million for the the year to September despite a weakness in demand for mining services.
A strong contribution from explosives helped keep earnings steady at $1.269 billion. Orica recorded full year sales revenue of $6.9 billion, up 3 per cent.
The company expects profit this current financial year to be better than 2013.
Growth in explosives is expected to continue from the Pilbara in the North West of Australia, former Soviet states and Africa.
And there’s been higher demand from metals markets in Canada and South West USA.
But lower volumes in North East Australia, weak demand from eastern USA coal markets, lower volumes in Latin America due to weak demand in Brazil and strikes in Colombia, and weaker volumes in Indonesia.
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