Published: February 13, 2019
Exclusive: Lock the Gate accuses state government of placing interests of mining sector over those of taxpayers
New South Wales taxpayers could be shortchanged up to $500m by a state government “accounting trick” that allows mining companies to dodge paying appropriate contingency costs for site rehabilitation.
A 2017 report by the NSW auditor general found that security deposits paid by miners for future rehabilitation were inadequate and made several recommendations, including that the “contingency” costs be increased.
Continue reading...from The Guardian http://bit.ly/2GGRN0S
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