General
Northern Territory Government set to ban seabed mining following nine-year moratorium
The Northern Territory Government has announced plans to permanently ban seabed mining in Top End coastal waters.
Key points:
- A moratorium on seabed mining has been in place since 2012
- Environment Minister Eva Lawler says they will fight any legal challenge against the decision
- Minerals Council of Northern Territory says there is no scientific proof seabed mining is harmless
Seabed mining involves targeting mineral deposits on or under the seabed — often using hydraulic or mechanical dredges — and is currently only allowed in Western Australia and Queensland for sand mining.
A Northern Territory moratorium on the controversial practice, which has been in place since 2012 and was renewed in 2015 and 2018, was due to expire on March 5,…
Continue Reading
-
Business20 hours agoBroker names 2 small cap ASX shares to buy for big returns
-
Noosa News20 hours agoMin Woo Lee, Adam Scott and Cameron Smith in the mix after Australian PGA opening round in Brisbane
-
Business20 hours agoThese top ASX 200 stocks could rise 25% to 60%
-
Noosa News20 hours agoDid AI write your accounting expert’s report? – Proctor
