Wesfarmers Limited
(ASX:WES) has secured the New South Wales Government’s approval allowing the Bengalla mine to continue mining until 2038.
Wesfarmers Resources Managing Director Stewart Butel says the approval secures the long term future for the mine and its workforce.
The new development consent also provides the potential to increase employment in the future, should a decision be made to expand production.
Wesfarmers has a 40 per cent interest in the mine and the operation is managed by Coal & Allied which is part of global mining company Rio Tinto Limited
(ASX:RIO).
Wesfarmers reported a net profit of $1.37 billion in the first half of the 2015 financial year.
