Jeremy Buckingham

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Last quote by Jeremy Buckingham

With old mines being sold for as low as one dollar and some mining companies such as Peabody recently facing bankruptcy, whether mine rehabilitation costs will be adequately covered is a very contemporary issue. Not only are the bonds held inadequate, but the standard of rehabilitation is low and, as the auditor general found, the outcomes are vague and the rehabilitation assessment process is ill-defined. There are 50,000 abandoned mines across Australia, but the scale of modern mining means the damage to the environment is exponentially greater.feedback
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May 11 2017
This page is completely dedicated to what Jeremy Buckingham has to say. All of Jeremy Buckingham’s quotes are organized here by date and topic. The most recent quote attributed to Jeremy Buckingham came from an article called Mine rehabilitation security bonds inadequate, NSW auditor general finds: “With old mines being sold for as low as one dollar and some mining companies such as Peabody recently facing bankruptcy, whether mine rehabilitation costs will be adequately covered is a very contemporary issue. Not only are the bonds held inadequate, but the standard of rehabilitation is low and, as the auditor general found, the outcomes are vague and the rehabilitation assessment process is ill-defined. There are 50,000 abandoned mines across Australia, but the scale of modern mining means the damage to the environment is exponentially greater.”.
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