Wednesday, January 18

Mining investment sparks backlash

THREE anti-mining groups in the Toowoomba region have warned a junior mining company that any plans to develop new coal mines in the area will be met with determined opposition.

Cuesta Coal, which formed in September 2011 to take over Blackwood Coal, has announced a capital injection of $20 million from the Chinese Beijing Guoli Energy Investment Co. Ltd.
Cuesta Coal holds a number of coal exploration permits, including EPC 1979 that covers Kingsthorpe and Gowrie Junction.

The company refers to this as its "East Acland" project.


Toowoomba Chronicle

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