Goldmine ruling risks backlash

Original article by Lachlan Leeming
The Australian – Page: 6 : 14-Oct-26

The Federal Court will today announce its decision on the future of Regis Resources’ McPhillamys gold project in NSW. Regis is seeking to overturn a ruling by former environment minister Tanya Plibersek in 2024 which banned the construction of a tailings dam at the site on Indigenous heritage grounds; that ruling effectively prevented Regis from proceeding with the project. Shadow resources minister Susan McDonald says ­further rulings against resources projects would undermine ­Australia reputation as a safe and reliable investment destination for mining companies.

CORPORATES
REGIS RESOURCES LIMITED – ASX RRL, FEDERAL COURT OF AUSTRALIA

Gold miner says $1b project unviable after Plibersek intervention

Original article by Peter Ker
The Australian Financial Review – Page: 15 : 20-Aug-24

Regis Resources has indicated that it will consider all legal options after federal Environment Minister Tanya Plibersek effectively blocked its McPhillamy gold and silver project in NSW. Plibersek contended that her decision to place heritage protections over the headwaters of the Belubula River will only impact the proposed site of the mine’s tailings dam, and will not prevent the project from proceeding. However, Regis argues that there are no viable alternative sites for the tailings dam; the company adds that the approvals process would have to be restarted if it seeks a new site for the dam, which could delay the project by 5-10 years.

CORPORATES
REGIS RESOURCES LIMITED – ASX RRL, AUSTRALIA. DEPT OF CLIMATE CHANGE, ENERGY, THE ENVIRONMENT AND WATER