Meta Pixel

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.

Register Interest

Capital Insights
Navigating the Future of Capital: Insights from MENA’s VC and PE Leaders

The venture capital and private equity landscape in the MENA (Middle East and North Africa) region is experiencing dynamic shifts, driven by rapid technological advancements, evolving investor demands, and unique regional priorities. A recent panel featuring prominent figures in the MENA investment scene offered a glimpse into these transformations, highlighting key trends for founders and […]

Capital Insights
Web3’s Maturing Landscape and Trillion-Dollar Opportunities

The narrative around Web3 is rapidly evolving. While many still associate it primarily with the speculative highs and lows of cryptocurrencies, the reality is a rapidly maturing ecosystem brimming with genuine innovation and significant investment potential. As Steve Torso, Co-founder & Managing Director of Wholesale Investor & CapitalHQ, aptly puts it, “It’s only got 8% […]

Join over 45,000+ sophisticated investors

Join Now