Business case unearths investment potential for Stawell Gold Mine site

Earlier this month a business case was presented to council, outlining the concepts that have been assessed as having strong investment potential at the mine site post closure.

Earlier this month a business case was presented to council, outlining the concepts that have been assessed as having strong investment potential at the mine site post closure.

THE STAWELL Gold Mine Future Possibilities project has entered its final stage, with Northern Grampians Shire Council now focused on investment attraction.

Earlier this month a business case was presented to council, outlining the concepts that have been assessed as having strong investment potential at the mine site post closure.

These include agribusiness and hydroponics opportunities, a training operation, a particle physics research facilityand landfill potential for the Wonga Pit.

Mayor, Cr Kevin Erwin said the business case provided a summary of the infrastructure investment required to bring the development sites to a standard that will support the effective and competitive attraction of an investor.

"The next step is for council officers to make initial contact with potential investors and scope funding requirements to support possible investment," he said.

"This is a really exciting point in the project where we start to see all the planning and background work put into practice. As well as creating jobs, the concepts being pursued will support the growth and retention of the population and help to stimulate the local economy."

Cr Erwin said an update on the Stawell Gold Mine Future Possibilities study was available from Council's customer service centre at the Stawell Town Hall and online at www.ngshire.vic.gov.au

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