Govt could consider clearing Beaconsfield mine debt

Govt could consider clearing Beaconsfield mine debt

The Tasmanian Government hopes the Beaconsfield Gold Mine can reopen in August following the Anzac Day rock fall.

A budget estimates hearing in Hobart was also told the Government may forgive a $680,000 debt the company owes if it reopens.

The sum accounts for two loans: one to help the company pay stamp duty and another to help the company through a corporate restructure.

Economic Development Minister Bryan Green said the Government would consider forgiving the debts only if the mine reopened.

He said it would help Beaconsfield Gold get out of administration.

Questions were also raised about seismic activity at the mine and safety, but Mr Green said he was unable to answer some of those because they related to other portfolios.

Money from the Commonwealth to help the people of Beaconsfield following the mine rock fall is about to become available.

People and businesses affected by the disaster will be able to apply for grants under the $8 million Federal Government Community Fund from tomorrow.

Projects will be considered in two categories: those that secure sustainable jobs for the community and those that enhance facilities in the town.

Applicants have four weeks to apply.


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