December 13, 2023
“Great Australia Mine and Wallace North Reopen: TNC Green-Lights Cloncurry Copper Project Plan!
TNC Corporation (TNC) has been given the green light to proceed with a restart plan for the Cloncurry Copper Project in Great Australia Mine and Wallace North. The Queensland-based mining company is planning to revive the mine for the first time in over a quarter of a century.
The Cloncurry Mine was once a booming business, with copper, gold, and other minerals being sourced from the mine. However, the closure of the mine in the early 1990s saw a boom-and-bust situation, with the surrounding areas being left desolate and disused. In light of this, TNC has proposed the restart of the Cloncurry Copper Project, to breathe new life into the area.
The Queensland Government has now given TNC the go-ahead to develop the Cloncurry Copper Project, which includes laying 6 kilometers of copper ore road and constructing new infrastructure and works to revive the area. TNC has said that the project builds on its strategic vision to create a sustainable business model that will benefit the local and broader economy, and create long-term opportunities for the local community.
TNC plans to create up to 250 jobs when the mine is reopened, which is expected to take up to 18 months. This is expected to have a substantial positive social and economic impact on the local economy, with the associated work providing employment for many in the town.
TNC's Cloncurry Copper Project will also give a much-needed boost to the region's environment, with plans to increase wildlife habitat and mining-related water conservation initiatives, and reduce erosion of nearby creeks.
The restart of the Cloncurry Mine is expected to help reinforce the area's economy and environment, and breathe new life into the region. TNC's plans for the Cloncurry Copper Project have been welcomed by the local community and the Queensland government, as it brings with it the potential for economic growth and a brighter future for the area.