tickleandrose wrote on Jun 17
th, 2019 at 2:45pm:
That is my concern as well. However, the Adani mine is just the tip, there are a number of other mines by larger companies at under application.
Authorised Holder Name Permit Name Permit Number Size km2 Status
ADANI MINING PTY LTD CARMICHAEL ML 70441 260 Granted
ADANI MINING PTY LTD CARMICHAEL EAST ML 70505 135 Granted
ADANI MINING PTY LTD CARMICHAEL NORTH ML 70506 16 Granted
ALPHA COAL PTY LTD SOUTH GALILEE COAL PROJECT ML 70453 309 Application
HANCOCK COAL PTY LTD ALPHA ML 70426 324 Application
HANCOCK GALILEE PTY LTD KEVIN'S CORNER ML 70425 374 Application
MACMINES AUSTASIA PTY LTD PCS EAST ML 70514 49 Application
MACMINES AUSTASIA PTY LTD PCS SOUTH ML 70515 47 Application
MACMINES AUSTASIA PTY LTD PCS WEST ML 70516 47 Application
MACMINES AUSTASIA PTY LTD PCS CENTRAL ML 70517 32 Application
MACMINES AUSTASIA PTY LTD PCS NORTH ML 70518 26 Application
WARATAH COAL PTY LTD NORTH ALPHA MINING LEASE ML 70489 1048 Application
WARATAH COAL PTY LTD CHINA FIRST COAL PROJECT ML 70454 756 Application
As you can see adani at best, is one of the moderate sized operations due to be potentially approved in the area. If all approved, some 3423 square km will be used for mining. The environmental impact will be perhaps twice of that, and due to the fact that coal mining is very water intense, it will draw on the existing supply of water from the river systems. This will be in competition to the current local major economic activities dominated by agriculture, forestry and fishing. The use of waters from existing river system, and the great artesian basin, and the risk of contamination will have the potential to effect a greater area into NT, NSW and SA.
Just assume the best possible senario, is that all of these projections combined will bring in a total of 10000 direct jobs, into an area population of 12000. In order to cope with this increase in demand, there will have to be increased spending on infrastrutures to support what it is a transient population. After the life of the mine had finished usually 30 years, the economical activities of the areas will die down, and by then, there will be no going back to farmying forestry or fishing as you will have containmnated zones that is good for nothing for hundreds of years.
... and during the 'boom' time of production, prices will be sky-high, many Suckers will buy a house there in the hopes of establishing a home and family, and then at close down time find it is worth nothing and they will lose possibly millions, given the cost of a mortgage etc. Many will walk away with nothing leaving an empty house or a furniture filled house that nobody wants, since it is too expensive to transport away the furniture etc. Plenty of ghost towns out West from mining booms....
Oh - and many non-residents may foolishly 'invest' in 'hot property' for rental in a boom town, only to lose in the same way ...... then the poor can pick up a house for $7k again .....