VIC Media Releases


FOSTERVILLE GOLD MINE EMERGENCY RESPONSE TEAM WINS 21st VICTORIAN MINE RESCUE COMPETITION

Fosterville Gold Mine Emergency Response Team (Crocodile Gold) has won a very competitive 21st Annual Victorian Mine Rescue Competition, proudly sponsored by the Minerals Council of Australia, Victorian Division.

ENSURING A VIABLE MINERALS FUTURE IN VICTORIA

The MCA welcomes the State Government’s response to the Economic Development and Infrastructure Committee’s Parliamentary Inquiry into Greenfields Mineral Exploration and Project Development in Victoria. The recommendations and the Government’s response provide Victoria with a platform to get the policy and regulatory settings right to ensure a vibrant and sustainable minerals industry that delivers benefits to the state and regional and remote communities through economic development and employment opportunities. An implementation plan that clearly outlines delivery of the recommendations is now required. Industry has experienced considerable frustration at the lack of implementation over the past decade of recommendations from a suite of reviews and inquiries that the Government of the day agreed to. A number of the Government’s responses identify the need for further consultation and the MCA looks forward to these discussions.

MCA – VICTORIA WELCOMES 2013 VICTORIAN STATE BUDGET

The MCA Victorian Division congratulates the Coalition Government on the 2013-14 Budget handed down today. The strong renewed focus on mineral development is warmly welcomed. Victoria has a proud mining history spanning 160 years and the sector can play a critical part of Victoria’s future economic growth and regional economic development. Victoria has world class resources and the Budget acknowledges this with a $19.1 million (over the forward estimates) initiative to attract new exploration, reduce barriers to investment and promote Victoria as an investment destination. A targeted pre-competitive geoscience program, with co-funded exploration initiatives, effective and efficient regulatory and policy are crucial to attracting the investment needed to develop the State’s resources. This coupled with the impending release of the Government’s response to the Parliamentary Inquiry into Greenfields Exploration and Mineral Development in Victoria will hopefully bolster Victoria as an attractive investment destination for mineral exploration and development. The incorporation of Energy and Resources into the Department of State Development, Business and Innovation (DSDBI) through the recent machinery of Government changes also better aligns the settings governing the minerals industry with expertise in business development, investment and trade. The continuation of Clean Coal Victoria ($8.3 M over the forward estimates) is also applauded – this initiative remains key to the future development of Victoria’s coal fields. Risk management underpins mineral operations and the funding ($4.2M) for building capacity within DSDBI and undertaking technical research in understanding mine stability risks is essential. Further Regulator intervention in management’s ability to manage risk will however not be supported. The minerals industry looks forward to working with the Government to deliver on our shared objective for a strong, safe and sustainable mining industry.

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