Australian news, and some related international items

Australian involvement in coal mining venture all too close to Cumbrian nuclear site

Scisco Media 27th Oct 2017, Back in 2015 the Champagne glasses were clinking in The Four Seasons, a Chinese restaurant in Whitehaven, Cumbria. West Cumbria Mining was
“happily toasting the recent visit to the UK of Chinese premier Xi
Jinping.” As well they might. Over £14m of funding for the development
has come from EMR Capital Resources Fund, an Australian-managed private
equity fund. Managed by Owen Hegarty and Jason Chang, pride of place in the
head office is a photo of “an Australian politician at the signing of an
agreement between EMR and a bank in China”.


October 29, 2017 - Posted by | General News

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