Labor criticised over ‘outrageous’ gold mine decision

Shadow Resources and Northern Australia Minister Susan McDonald has hit out at the Albanese government’s handling Blayney gold mine project. Ms McDonald accused the Labor government of creating “sovereign risk” for investors in Australia after Environment Minister Tanya Plibersek blocked the mine. The $1 billion Blayney gold mine had previously received state and federal approvals, however, Ms Plibersek put a sudden halt to the development in August. “It absolutely can't stand because we're now waded into the deep water of sovereign risk for investment in Australia. What we've seen is companies that would like to have certainty of outcome, but what they really need is certainty of process,” Ms McDonald told Sky News host Chris Kenny. “What Tanya Plibersek has done with this section 10 decision to overlook the views of the legislated recognised native title holders, the legislated local land council, and to prefer the views of another group has undermined the entire consultation process right across Australia. It's outrageous.”