Professor David Booth, Dr Peter Macreadie and Ashley Fowler have formed the Decommissioning Ecology Group to promote consideration of the idea, which Professor Booth took to the national congress of the Australian Petroleum Production and Exploration Association in Perth this week.
According to a statement by Australian Pacific, the exploration arm of Rio Tinto has signed a non-binding letter of intent, wherein the company will undertake the financial and technical risks in examining and estimating the coal reserves and the production potential at the Mt.
Chris Sangster of Scotgold Resources, an Australian outfit that holds assorted exploration licences in the Scottish Highlands, is confident that his firm will be mining soon.