The McPhillamys gold mine has been stopped from going ahead, project proponent Regis Resources says, proving a statement by Environment Minister Tanya Plibersek to be wrong.
Subiaco-based Regis emerged from a trading halt on Monday to confirm its planned $1 billion McPhillamys project in New South Wales had gone up smoke, after Minister Plibersek ruled in favour of a Section 10 application under the Aboriginal and Torres Strait Islander Heritage Protection Act 1984.