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.
Cuesta has also applied for EPC 2613 that covers Aubigny and EPC 2356, which covers Pittsworth and Southbrook.
"The Toowoomba region is no place for coal mining," Friends of Felton spokesman Ian Whan said.
"It is a vital food-producing area with great environmental importance.
"It is also home to large numbers of people who don't wish to suffer mine-related externalities.
"The existing Acland mine is an environmental and social disaster and we are determined not to allow that experience to be repeated elsewhere in the region.
"Investors should think carefully before putting their hard earned money into mining ventures that have as little chance of success as this one."