Blessing for Bandanna coal project

BANDANNA Energy announced that the South Galilee Coal Project Joint Venture, in which it is a 50% participant with AMCI, has received the consent of the Wangan and Jagalingou people for all approvals needed to develop the project and infrastructure corridor.

Representatives of the SGCP JV and the Wangan and Jagalingou people yesterday signed two agreements formalising the blessing, which comprised a Section 31 State Deed consenting to the granting of its mining lease and a Native Title Consent Agreement.

Bandanna Energy and AMCI agreed to provide certain benefits over the life of the project to the Wangan and Jagalingou people.

The agreement follows six months of negotiations between the two parties which commenced in April 2011.

The Section 31 Deed will now be submitted to the State Government for signing. Bandanna Energy said it expected the state to execute the Section 31 Deed in January or February, 2012.

A Cultural Heritage Management Plan Agreement between the companies and the Wangan and Jagalingou people was agreed and executed in July 2011 and approved by the Department of Environment and Resource Management in August 2011.

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