More Bore Holes Given All Clear at Kingaroy
Cougar Energy (ASX: CXY) may have reason to celebrate although it is not quite out of the woods yet. The underground coal gasification plant near Kingaroy QLD had been put on hold last month when traces of benzene and toluene were found in bore water supplies in close to the plant.
The Department of Environment and Resource Management said that it tested 10 bores in the last week and only 3 had traces of the chemicals. The results were well below Australian drinking water guidelines.
The farmers within a 2 km radius had been banned from using local bore water supplies. The Kingaroy Concerned Residents Group feels encouraged by the low level of chemicals in the bore water but fear that if a pilot program could cause so much contamination, what would happen if the plant worked at full capacity.
The negative publicity is not doing Cougar any good with it having to lay off half its staff and restructure its business.
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Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
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