Accelerating Exploration News Today

Why the highly successful mineral exploration grant program first developed in SA has not been re-activated is anyone’s guess, but the delay is hurting the state, argues Warren Pearce, the CEO of the Association of Mining and Exploration Companies.

By Raquel Mustillo MEMBER for MacKillop Nick McBride has defended taxpayers footing a multimillion dollar State and Federal Government bill to facilitate gas extraction in the Limestone Coast, saying governments should provide funding to the high-risk sector to drive down energy costs. But Limestone Coast Protection Alliance chair Angus Ralton said the impending suspension of Beach Energy’s Katnook Gas Plant due to dwindling gas reserves should prompt a rethink into fossil fuel subsidies.
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