GVK Hancock has delivered a comprehensive level of environmental assessment and consultation to achieve confidence in its ability to limit, mitigate and manage any potential groundwater impacts from its proposed Galilee Basin mines.
To date, GVK Hancock has invested tens of millions of dollars on a comprehensive suite of environmental assessments, which guided approvals from State and Federal governments.
Our assessments included a comprehensive hydrogeological assessment, which involved detailed modelling of the underlying geology, an evaluation of groundwater and aquifer occurrences and an assessment of local and regional groundwater resources.
Works undertaken at our onsite test pit allowed us to validate the groundwater models and assessments, providing us with a clear understanding of how our proposed mining operations relate to the surrounding groundwater aquifers and existing bores.
In accordance with strict environmental conditions set by the State and Federal Governments, we will have in place a comprehensive groundwater monitoring and management plan.
We have successfully negotiated ‘Make Good Agreements’ with properties surrounding our proposed mines, which are legally binding agreements that hold us legally liable in the unlikely event of unduly impacting groundwater resources on their given property.
We pay for all legal costs incurred by landowners in the preparation and review of any Make Good Agreement, including for any required hydrological assessments.
We are certainly prepared and willing to enter into ‘Make Good Agreements’ with properties in the broader area, however we have finalised the property acquisition process for our mines and currently have no business need to purchase any further properties in the area.
GVK Hancock will continue to abide by the regulatory approvals process and work with all parties to reach a point where construction can commence.