New Hope (ASX:NCH) says its Stage 3 water licence approval enables the resumption of mining operations at the New Acland Mine.
The thermal coal company now holds all the primary approvals required and its Chair, Robert Millner, said the grant is a defining moment for the company:
?New Hope and the local communities around Acland and Oakey are celebrating that New Hope can now re-start the New Acland mine where there has been mining activity for over 100 years.?
Throughout the life of the project, the permanent workforce will be approximately 400 full-time roles, made up of Darling Downs locals in Queensland.