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coal investing

NSW miners blast farmers’ moratorium call

Investing News Network
Oct. 26, 2010 05:15AM PST
Industrial Metals Investing

The Sydney Morning Herald reports that there is friction brewing between farmers and miners in NSW. The farmers have called for a moratorium on the newly announced mining and coal seam gas projects, and the miners are concerned about the possible economic threat from such a moratorium

The Sydney Morning Herald reports that there is friction brewing between farmers and miners in NSW. The farmers have called for a moratorium on the newly announced mining and coal seam gas projects, and the miners are concerned about the possible economic threat from such a moratorium.

The story is quoted as saying:

But the NSW Minerals Council, representing the state’s $23 billion mining industry, said such a move would be irresponsible, ill-informed and do untold damage to the state’s economy and towns.

For the full story, click here.

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