Expanding Cadia - 17 January
The Cadia open cut gold mine near Orange is a dizzyingly impressive
hole in the ground. It's impossible to look down into it, with its
tiny trucks crawling up the sides, without a sense of awe. Last week,
the State Government said yes to an expansion of operations to the
east of the existing site. At its peak, the new mine is expected to
produce a billion dollars worth of gold and copper every year. That's
a lot of money in anybody's books.
But the expanded mine comes amid continued disquiet about its impact
on local water supplies. Local farmers – a tiny drop in the financial
ocean when set beside the giant mine – are alarmed about the draw
down effect on groundwater. While the company has named 16 properties
likely to be affected and has offered compensation, farmers just
outside the seven kilometre zone worry that they will also suffer.
There are also fears about the mine's use of surface water in its
operations, particularly if conditions continue to get hotter and
drier. The expanded mine will require about 6 megalitres per day of
additional water, an increase of about 12 per cent on its existing use.
As we know here in Bathurst, Cadia has long been eyeing off our
relatively abundant water supply. Locals here in Bathurst continue to
worry that if supplies in Orange dwindle, we will be asked to help
out our neighbours – nothing wrong with that, except that this would
be an indirect benefit to the Cadia mine. While Bathurst council has
rejected this idea outright, the State Government's enthusiasm for
Cadia could see our own wishes overruled in the interests of the
wider economy.
In the short term, there can be no doubt that the world values gold
and copper and that we're onto a very good thing. But over the long
term, a new set of values – increasingly to be given monetary value –
are emerging: water and food security and biodiversity. We have now
said "yes" to Cadia but perhaps they should be pressed harder to give
more to the environmental side of the ledger. What about making them
fund wind power technology to be used in their own operations with
side benefits for the local region? Yes, it would cost a lot, but
they are making a lot.
- gen_x's blog
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