News and Announcements
CleanTech company receives DA approval for one of its primary assets
- Published August 11, 2022 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Broula King Enterprises (BKE) is integrating abandoned mining assets, research capacity, environmental imperatives, rehabilitation outcomes, and innovative thinking to propel the processing of mining waste and restoration of legacy mine sites into a new dimension around ESG values and circular economy principles.
The company is pleased to announce the approval of DA2020/146 by Bathurst Shire Council for its Sunny Corner Mine, a critical step in obtaining its mining license. Approval of the DA enables BKE to progress the full approval of Mining Lease Application 593, which is now undergoing the process at NSW MEG (Minerals, Environment, and Geoscience), Department of Regional NSW. Once the license is granted, BKE will be able to commence work.
In an Australia Institute submission to a Federal Parliament Committee on abandoned mines in 2017, the legacy Sunny Corner mine was listed in the top 7 most hazardous, polluting sites in NSW that sit on Crown Land. MLA 593 has an inferred JORC resource of 1.5million tonnes of ore.
After high-level discussions with NSW MEG, the BKE project of Reclaiming, Recycling, and Remediating abandoned mine sites, alongside its MOUs with Australian universities on Critical Mineral recovery, meets every objective of NSW government’s $130M Critical Minerals and High Tech Metals Activation Fund.
Company Updates
The asset class where the market has no vote
Litigation funding returns are decided in a courtroom, not a cycle. Knightsbridge’s Head of Capital is careful to call that a different risk rather than a lower one, and his answer to it is spread, not concentration. Most alternative assets still answer to something. Property answers to rates. Private credit answers to defaults. Even the […]
The listing fee vendors pay whether the house sells or not
Australia’s property portals collect more than $2 billion a year while national listings sit flat. An Australian-built AI platform is targeting the economics, not just the interface. An Australian vendor listing a home pays a vendor-paid advertising fee on top of agency commission. Rama Dwarapudi, Founder and Chief Executive Officer of RealSearch, puts a typical […]
Reinventing the Condom: How an Australian Deep-Tech Startup Plans to Disrupt a $12 Billion Market
For more than half a century, the global condom industry has remained fundamentally unchanged, constrained by standard materials like latex and solid synthetic polymers. Despite widespread consumer demand for better alternatives, product design has treated the device strictly as a mechanical barrier, sacrificing feel for function. Sydney-based Eudaemon Technologies is setting out to upend that […]
Backed By Leading Investment Groups and Family Offices
