NT mining industry poised for 'once in a generation reforms'. But not everyone welcomes them

  • 📰 abcnews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 83%

Business News News

Business Business Latest News,Business Business Headlines

Proposed changes to the NT's mining laws have been described by environment groups as 'once in a generation reforms'. But the industry is worried stricter rules will mean more red tape.

abc.net.au/news/environment-groups-applaud-long-overdue-mining-reforms/102775662Proposed changes to the Northern Territory's mining laws have been described by environment groups as "once in a generation reforms to fix what has been a thoroughly broken system", but the industry is worried stricter rules will lead to more red tape.

“The reforms will ensure the territory has contemporary, streamlined and effective legislation to improve environmental outcomes, increase transparency in the regulation of mining activities, and deliver greater certainty to industry," she said.Major mining reforms proposed A new licensing system has been proposed, as well as extending the existing compliance and enforcement powers under the Environment Protection Act.

, a lack of infrastructure and big distances to cover — and the last thing it needed was overburdensome rules and higher costs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines