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28/09 - Final green light for Majors Creek gold mine

A proposed gold mine near Braidwood has received one of the final ticks of approval it needs before it can begin.

Western Australian company Cortona Resources is planning a six year mine at Majors Creek, 60 kilometres east of Canberra.

It is expected to produce 50,000 ounces of gold a year and create 100 jobs during construction and 80 during the mine's operation.

Earlier this month the project received approval from the New South Wales Government, and now the Federal Government has signed off on the plan under the Environmental Protection and Biodiversity Conservation Act.

But the project is not without opponents, with some nearby residents concerned about the mine's impact on the ground water supply and the environmental risks posed by the tailings dam.

Construction of the mine is expected to start early next year.

http://www.abc.net.au/news/2011-09-28/majors-creek-gold-mine-approval/30...

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