Letters of the Week

Mining in the Tarkine. Gearing strategies. Holding big iron.

Mining in the Tarkine
Eureka Report this week published an article on Venture Minerals’ three proposed mines in the Tarkine (Big hopes for a Tassie small cap, by Tim Treadgold, March 23). Venture’s shares rose 4.29%. Unfortunately, in the torrent of praise and recommendation, the author did not mention that the proposed mines fall inside the Tarkine, that they are within existing reserves (the Meredith Ranges Regional Reserve) and are subject to the Tarkine National Heritage nomination, nor that the Australian Heritage Council recommended the inclusion of all three proposed sites in a 433,000 hectare Tarkine National Heritage Area. It also didn't mention that the environmental assessment for the Mt Lindsay mine has been effectively stalled, with the Environment Department being three months overdue in announcing an assessment approach. No mention of projected impacts on the endangered Tasmanian devil, spotted tailed quoll or wedge-tailed eagle, or the devastation of 420 MCGs’ worth of rainforest at Mt Lindsay (with similar impacts likely at Stanley River and Riley Creek), or of the enormous damage already done to these areas in the name of "exploration". And no mention of the determination from the environment movement's opposition to this company's plans, and how this fight is shaping up to be Tasmania's most intense conservation battle since the Franklin River in 1983.

– Scott Jordan
Campaign Coordinator
Tarkine National Coalition

Gearing strategies

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles