During his presentation to the Western Division Councils of NSW 2022 Mid Term Conference in Cobar on Monday, State Member for Barwon Roy Butler announced the approval of a $65 million mining pro-ject for Peak Gold Mines.
Mr Butler said Minister for Planning Antho-ny Roberts has given the approval for Peak to expand its operations to amalgamate mining at the New Cobar, Great Cobar, Gladstone, Chesney and Jubilee deposits – to create the New Cobar Complex Project.
“The approval will allow more gold, silver and base metal ores, including copper, a vital mineral for the growing renewable energy sector, to be extracted on site,” Mr Butler said.
“The more efficient, economically viable extraction of these resources will have signifi-cant flow on effects to other industries.
“The new project will also support 140 con-struction jobs, 10 ongoing jobs and ensure continued employment for more than 400 people at the New Cobar Complex and associ-ated Peak Complex.
“It is estimated that it will bring a $145 mil-lion boost to the local economy. Construction is said to begin in 2023,” he said.
Mr Butler said it was projects like this that were helping to grow optimism in Western NSW and making regional areas better places to live.
Mayors, councillors and council staff from across the western region, along with Federal and State government ministers, and repre-sentatives of various government agencies attended the conference to discuss challenges facing the region including matters pertaining to roads, transport, water regulation, regional housing and health.
