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BOWDENS SILVER PROJECT UPDATE - Bowdens Silver remains committed to The Project. Friday’s decision by the NSW Court of Appeal to uphold Bingman Landcare’s Appeal has been labelled disappointing by Bowdens Silver, however, the Company advises that it is fully committed to the progression of the Project including obtaining all relevant permits and development consents required to develop and commence production of the Project. A split judicial decision focused on the approval of a potential power transmission line to the project which was intended to be assessed through a separate planning approval pathway, and the company has been examining a number of options to provide power requirements for the mine site. The rest of the project was subject to a comprehensive Environmental Impact Statement process. The independent umpire, the NSW Independent Planning Commission approved the project and at the time noted that it was “satisfied that the Project can meet all relevant requirements for protecting human health and safety and that on balance, the Application is in the public interest.” We have been part of this community for many years now, and we know that whilst there are some detractors, the region supports a responsible mining industry that in turn provides significant economic and social benefits, including from this project with the creation of over 320 jobs during construction and 220 ongoing jobs. We are very aware that the decision handed down by the Court of Appeal will create uncertainty within the broader, supportive community around the region. We will be in regular consultation with our stakeholders to reaffirm our support across all areas of community engagement and existing sponsorship programs. From a state perspective, silver and zinc are both part of the NSW Government’s Critical Minerals and High-Tech Metals Strategy which are vital components in the transition to a decarbonised future. The successful development of the Bowdens Silver Project forms part of a much larger picture for the future success of the region and the State. The full announcement released to the ASX can be found here - https://lnkd.in/g-XuytQN

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Dougal Munro

Geologist | Applied Geochemist | MAusIMM

4w

Sadly this decision along with the McPhillamys decision has sent a really clear message that starting a new mine is NSW is close to impossible. As an industry we are staring down the barrel of one of two potential possibilities, either there won’t be any new mines approved east of Newell Highway or make mining impossible in NSW all together. Its definitely going to be a rocky road ahead for all of us in the industry.

Drew Hood

Crane Crew @ Two way cranes

4w

I’m not sure about it.

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Justin Michielsen

National B2B sales manager for a family owned and operated multinational, Mining & Construction consumables business. Building relationships that are on the foundations of trust, respect and honesty.

4w

Sounds like NSW wants to be like Victoria now and stop mining

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