The company planning an open-cast gold mine in the hills near Cromwell has announced a voluntary pause on its fast-track application.<\/p>\n
In an announcement to shareholders today, Santana Minerals said it was taking extra time “to enable the provision of additional data, reports and time to workshop conditions with the regulators.”<\/p>\n
A seven-person fast-track panel has been considering the company’s application to tap into a gold deposit between Bendigo and Ophir.<\/p>\n
A final decision was expected in October.<\/p>\n
If approved, the project would carve out a 1000m by 850m open pit, plus three smaller satellite pits and a tailings dam.<\/p>\n
The proposal has prompted strong pushback from some residents who fear it will scar the unique landscape and harm existing industries.<\/p>\n
Santana Minerals said it had asked the expert panel, its advisors and the Environmental Protection Authority to keep working on the application.<\/p>\n
In a statement, chief executive Damian Spring said the company was expecting a formal Request for Further Information from the panel, after which it would assess the timing of its response.<\/p>\n
“This is a voluntary move by the company post the expert-conferencing phase to ensure the expert panel assessing the application has all the information and data they would likely need to arrive at their decision,” Spring said.<\/p>\n
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