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Mountain Journal

Environment, news, culture from the Australian Alps

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Tambo River

New owner for Stockman mine announced

The Stockman Project is located in the Victorian Alps, 60 km by road north east of Omeo. The project contains two copper-zinc-lead-silver-gold rich deposits, called Wilga and Currawong. Wilga was discovered in 1978 and Currawong in 1979. Denehurst mined the copper rich core of Wilga deposit from 1992 to 1996. The mine operated by Dehnurst left behind a dangerous mess. In 2006, following $6.9 million worth of rehabilitation of the plant site and tailings dam at the taxpayers expense, the project was put out for public tender as part of an exploration incentive program. Jabiru Metals Limited (Jabiru) was awarded the project in March 2007.

After a number of attempts to re-open the mine, the Victorian treasurer has announced a ‘new multi-million dollar investment’ in the Stockman project and a new owner.

Continue reading “New owner for Stockman mine announced”

How much will the Stockman mine cost Victorian tax payers?

Mountain Journal has previously highlighted the potential environmental impacts of the Stockman project, which would see a major mine re-opened in the headwaters of the Tambo River.

In the following story, Scott Campbell-Smith outlines the economic cost of the previous mining operation and the risks associated with a major expansion of the mining operation.

The new minister for Energy and Resources will need to make a final decision on this project shortly.

Continue reading “How much will the Stockman mine cost Victorian tax payers?”

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