Approvals process "embarrassing": Jones

The long wait for environmental approvals for the $1.8 billion Karara iron ore joint venture has prompted Gindalbie Metals chairman George Jones to call the situation "embarrassing".


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As an investor in the resource sector I concur with George Jones that the EPA approvals process in WA is a concern. Without diminishing the responsibility of the EPA, it's obvious that lengthy delays will hinder development of and investment in major projects such as Gindalbie's Karara project. If action isn't taken to remedy the situation then WA will become a backwater as far as mineral exploitation is concerned. Development of resources is the backbone of the Australian economy, and EPA departments need to understand that efficient approvals process is a key requirement to attract investment.

The WA Government is sending a very clear signal to investors. We don't want you here. You would think at a time when investment in capital is keeping people in jobs, governments would be jumping over themsleves to keep things moving. C'mon Norman, Colin and Co - shake it up. Or send more people to the dole.

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