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Project Update General Manager Joe Ranford has accepted a role in - - PowerPoint PPT Presentation

Sep 05, 2023 106 likes •582 views

Project Update General Manager Joe Ranford has accepted a role in Finland Terramin continue to have same development team on BIHGP Martin Janes to become Project Director No formal feedback received on draft Mining Lease

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SLIDE 1

TERRAMIN AUSTRALIA LIMITED

SLIDE No. 1

Project Update

 General Manager – Joe Ranford has accepted a role in Finland

  • Terramin continue to have same development team on BIHGP
  • Martin Janes to become Project Director

 No formal feedback received on draft Mining Lease Proposal

  • Helpful comment on impact assessment layout

 Correspondence received from the DPC requesting additional information in an Exploration Program for Environmental Protection and Rehabilitation (EPEPR)

  • This EPEPR will only cover the drilling aspect (stage 1)
  • No feedback on the test work component (stage 2)
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 2

MAR Drilling EPEPR – stage 1

 Proposal submitted for three reinjection bores with paired monitoring bore – to gain DEWNR ‘drainage permit’  Results from these bores will inform the test work proposal/EPEPR  Objectives for MAR trial

  • Confirms groundwater model
  • Mitigates salt intrusion from Dawesley Creek
  • Keeps water levels stable under Native Vegetation Heritage Agreement

area

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 3

Bird in Hand Gold Project

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 4

Structure of Presentation

 The nature of impact – How do economic impacts occur?  Existing economic environment – understanding the local economy  Experts used and why  What we have heard – and how we are addressing these concerns  Land value  Perceptions

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 5

What is economic impact?

 Negative economic impacts could occur if there is a confirmed

  • Source

– A description of the source of the potential impact event which alone or in combination has the potential to cause harm to an environmental receptor.

  • Pathway

– A description of the potential pathway, means or route (with consideration of any natural barriers) by which an identified environmental receptor can be exposed to, or may reasonably be expected to be impacted by an identified source.

  • Receptor

– A description of the environmental receptors that may reasonably be expected to be adversely impacted by the source, taking into account the considerations for the element of the environment.

  • which presents a negative change to the existing environment that

affects an existing business.

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 6

Experts - Economic

 Barry Burgan – Economic Research Consultants

  • Professor of Management and MBA Program Director at Bond

University

  • Expertise: financial, economic and social assessments
  • Member: Initial Accreditation Committee of Assoc. to Advance

Collegiate Schools of Business  Jim Hancock – SACES, University of Adelaide

  • Deputy Director at SA Centre of Economic Studies (SACES)
  • Expertise: cost benefit analysis, econometric analysis of labour market

programs, environmental evaluations

  • Past: Manager SA Treasury
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 7

FABAL – Agricultural Experts

 Ashley Keegan – B.App Sci (viticulture); MBA (finance)

  • CEO - Operations, Food and Beverage Australia Limited (FABAL), Adelaide
  • One of Australia’s largest privately owned vineyard/agricultural management

groups

  • Agribusiness – vineyards, orchards, groves – 1700Ha vineyards over 18 sites
  • FABAL owns Managed Aquifer Recharge Scheme – Langhorne Creek

– Installed during millennium drought

  • FABAL owns B&Bs and retail outlets in SA
  • CSIRO Digital Agricultural Working Group
  • Executive Committee of SA Wine Industry Association
  • Past: Board member of Phylloxera and Grape Industry Board of SA
  • Past: Wine Federation of Australia’s Future Leaders
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 8

FABAL – Agricultural Experts

 Chris Day - MBA (international business), Bachelor of Laws and Economics, Grad. Dip in Financial Services

  • CEO - Group, Food and Beverage Australia Limited (FABAL), Adelaide
  • 25 years experiences in wine industry
  • Chairman: SA Business Development Committee
  • Director: Eight publically listed companies
  • Past: CEO of Australia’s largest publically listed wine investment fund
  • Past: Executive at Hardy’s and Foster’s Wine Estates
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 9

Currently happening – Terramin’s understanding

 We understand this from

  • Economic Research Consultants

– “Economic Impact Assessment”

  • South Australian Centre for Economic Studies, University of Adelaide,

– “Peer Review of Economic Impact Assessment”

  • Econsearch

– “Economic Contribution of Agriculture and Related Activity in the Inverbrackie District, Adelaide Hills

  • Economic Development Focus Group

– Regional Development Australia, local Councils,

  • Local Business Focus Group

– Invite to all Woodside Commerce Assoc. Members and Adelaide Hills Business Centre members

  • Private meetings with Bird in Hand Winery and Accolade (Petaluma)
  • Australian Bureau of Statistics – Employment and Industry data
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 10

Current Land uses

 Adelaide Hills is a mixed-economic activity area  Long history of resources development  Agriculture, horticulture, defence, food and wine processing, retail, hospitality, water treatment, conservation and recreation  Currently 36 quarry licences in operation in Adelaide Hills Council  These are all co-located and co-exist in the community  Managed well, these industries have grown up together

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 11

Current Employment Trends – ABS

 Adelaide Hills has an increasing unemployment trend

0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 2010 2011 2012 2013 2014 2015 2016 2017

Unemployment Rate - %

Adelaide Hills Council Regional SA South Australia

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 12

What’s happening in other areas in SA?

 Strathalbyn – Mine co-existed with grain farming, hospitality, horses and polo fields and Langhorne Creek wine region.  Barossa Valley – Largest extractive quarry (vineyards, cellardoors, B&Bs)  McLaren Vale – numerous quarries located adjacent (inc. 600m from iconic tourism destination)  All these areas have existing co-located industries and have experienced growth

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 13

Proposed Project – over 8 years

 Impact on SA Economy

  • $280M

 TOTAL: 140 direct jobs and 423 indirect (year 4)

  • 599 direct FTE and 1837 indirect FTEs over 5 years

 Impact on Adelaide Hills Economy

  • 93 direct jobs and 240 indirect (year 4)
  • $152.6M

 Impact on Fleurieu Peninsula Region

  • 44 direct jobs and 76 indirect (year 4)
  • $47.7M
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 14

Local Spend Policy

 Terramin have a local spend policy

  • Always use local services and suppliers where possible
  • Estimated to be

– $7M per year directly into local Woodside and surrounds economy – $152.6M into Adelaide Hills region (over project)

  • $30M per year operating expenditure (operating phase)
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 15

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 16

We have heard

 Concern: Visual amenity could impact businesses

  • Used Oxigen - 2017 South Australian Landscape Architecture Awards

– Tonsley, Adelaide Riverbank, Flinders uni, Waterfall gully, Halifax St

  • Visual amenity plan removes the pathway of seeing mining

infrastructure from hospitality/cellar door locations

  • Visible elements include vegetation, dam and a silo which mimics the

existing environment

  • No infrastructure on Pfeiffer Road paddocks
  • Visible paddock from Bird in Hand Road has vegetation and a dam
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 17

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SLIDE No. 18

Proposed Entrance

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 19

View Once Built from Cellardoors VIEW ARTWINE CELLARDOOR VIEW BIH CELLARDOOR

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 20

Current Vegetation Growth

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 21

We have heard

 Concern: Nuisance noise could impact businesses

  • We have designed our site to be 10 dB(A) lower than the legislative

limits and inline with baseline noise measurements taken

  • Lower limits than adjoining agricultural businesses
  • Includes acoustic mitigation strategies – enclosing, insulation, placing

infrastructure underground

  • Refer back to Presentation from November 17 and January 18 WCCC
  • Proposed generated noise
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 22

We have heard

 Concern: Dust could impact businesses

  • We have designed our site to remove most “normal” mining dust sources
  • Bitumised roads, ore silo system, vegetation buffers, hydromulching
  • Agricultural Impact Assessment identifies dust monitoring programme

associated with Project likely to pick up vineyard chemicals (metalliferous based such as copper sulfate is applied at approx. 50-100kg per hectare over 5 years).

  • Recommendation: A good neighbour policy where each party notifies each
  • ther of proximal boundary activities and timing could avoid this
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 23

We have heard

 Concern: Dust has the potential to inhibit vineyard productivity  Agricultural Impact Assessment discusses

  • Deposition rates of organic fungicides and current practice of applying

white reflective clay on vines (Kaolin) – no statistical difference in photosynthesis rates  Agricultural Impact Assessment concludes:

  • Difficult to conceive any impact above and beyond normal background

activities (spraying/slashing, etc.)

  • No impact on productive capacity via dust deposition is envisaged

based on the Air Quality Impact Assessment (sources removed or managed)

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 24

We have heard

 Concern: Vibration could impact businesses

  • We have designed vibration to be half of the vibration felt if person was

walking next to you at all hospitality businesses

  • Removes or reduces the pathway significantly
  • No impact to businesses envisaged – either to hospitality businesses,

vineyards or livestock

  • Residual risk to surrounding agricultural activities is very low
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 25

 Year 1 – development  Year 3 – production  Year 5 – production

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 26

 Year 1 – development  Year 3 – production  Year 5 – production

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 27

 Year 1 – development  Year 3 – production  Year 5 – production

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 28

We have heard

 Concern: Groundwater could impact businesses

  • We respect businesses rely on groundwater
  • We have designed water management system to not impact any agricultural

businesses’ ability to access water

  • Proposal - Water neutral and licenced trading
  • This includes

– Fracture avoidance – Pre-excavation grouting – Reinjection of water which enters the mine (Managed Aquifer Recharge)

  • 2018 Managed Aquifer Recharge test work is to confirm suitability of proposed

water management system

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SLIDE 29

Credible worst case – 70% Effective Grouting with MAR

Data interpreted from the Bird-in-Hand Gold Project Groundwater Assessment, AGT, 2017

0.00 20.00 40.00 60.00 80.00 100.00 120.00 140.00 160.00 8936 8940 10944 9154 23182 9153 8946 20475 18637 9152 10249 8301 6628 6628 6628 6628 6628 6628 6628 6628 6628 6628 6628 6628

metres below surface

AIR SWL Range Terramin contribution 70%+MAR Well depth

Ground level

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Expected Impact – 90% Effective Grouting with MAR

0.00 20.00 40.00 60.00 80.00 100.00 120.00 140.00 8936 8940 10944 9154 23182 9153 8946 20475 18637 9152 10249 8301 6628 6628 6628 6628 6628 6628 6628 6628 6628 6628 6628 6628

metres below surface

AIR SWL Range Terramin contribution 90%+MAR Well depth

Ground level

Data interpreted from the Bird-in-Hand Gold Project Groundwater Assessment, AGT, 2017

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 31

Groundwater Modelling Reviews

 IGS – Commissioned by Terramin for the Ministerial Determination

  • Concluded Model is fit for purpose regarding the objectives

– Objectives: verification of data, implementation of conceptual model into numerical model, model calibrations, scenario modelling (including MAR), and uncertainty/sensitivity analysis  CDM Smith – Commissioned by Inverbrackie Catchment Group

  • Concluded Groundwater Investigation is considered adequate to

develop conceptual understanding of the interactions between potentially sensitive receptors (economic, environmental & social) and groundwater system, and how proposed mining activities may impact on water resource

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 32

Agricultural Impact Assessment

 The Agricultural Impact assessment considers spray drift and disease introduction a low risk

  • We have removed use of Group I, Phenoxy Acid herbicides onsite
  • We use weed spraying chemicals registered in the Aus. Wine Institute

registered pesticide guidelines

  • Standard Work Procedures which include VineHealth Australia’s

biosecurity controls for imported machinery/equipment (international and interstate)

  • We would like to introduce a “good neighbour policy” where

neighbouring agricultural businesses share their weed and pest chemical usage (so we can use same products to remove any potential for export incompatible products)

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 33

Other issues considered by Ag. Impact Assessment

 Considers additional vegetation (shelter belt) planting to be beneficial for biota habitat (Thompson and Hoffman, 2010; Retallack, 2012) and additional buffering capacity between both sites (dust sources and spraying activities)  Tourism – largely controlled by visual amenity, which has been mitigated  Considers most credible pathways to reputational impact have been considered by Terramin and the residual risks are low

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SLIDE No. 34

Conclusion – Agricultural Impact Assessment

 Agricultural Impact Assessment

  • Considered all impact assessments and information available
  • Included site walk over
  • Most credible pathways have been considered
  • Based on implementation of design and proposed controls, residual risks

are low

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 35

Conclusion – Economic Impact Assessment

 Economic Impact Assessment – if no management strategies used

  • Overall conclusion is that the risk to other economic activities in the

area is low

  • Economic Model: If all management and/or mitigation were not

implemented – i.e. no water, dust, noise, visual amenity management

  • Unmitigated Worst Case Scenario

– A probability weighted value of impacting tourism (computer modelling), equates to 18 jobs and $1.6M of gross revenue at risk

  • Outcomes create legal obligations to avoid impact
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SLIDE No. 36

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Land Value

 Strathalbyn has seen continued growth even with operating mine since 2007 (Care and Maintenance Q4: 2013)

2009 2010

Realestate.com.au, retrieved 7th March 2018 **Average sale price

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 38

Woodside

 Mineral Claim registered in 2007

2009 2010

Realestate.com.au, retrieved 7th March 2018 **Average sale price

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SLIDE No. 39

Woodside

 No current indication of real estate impact with proposed project over last 12 months

Mar-17 Apr-17

Realestate.com.au, retrieved 7th March 2018 **Average sale price

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SLIDE No. 40

Within and Surrounding Mineral Claim

 Even with Mineral Claim since 2007 and proposed mining project  8 adjoining properties have sold  5 in previous 5 years  4 in previous 18 months

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SLIDE No. 41

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SLIDE No. 42

Land Value

 If you feel your property will be impacted, there is a process  Terramin will continue to monitor and compensation may be available to proven land value reductions

  • Prescribed process - Mining Act 1971 (SA)
  • Potential for independent value assessments
  • Process to assess: prior to PEPR approval (prior to construction)
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SLIDE No. 43

Perception - Tourism

 Anchor survey results from CSIRO  Local people are not sure that Project will discourage tourists from visiting  This group of people have limited information about the Project

Strongly disagree Strongly agree

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SLIDE No. 44

CSIRO Anchor Survey

 The mine will provide

  • pportunities for local

suppliers and contractors  Local shops and businesses will benefit from mine employees  Mine will provide valuable taxes and

  • ther income for the

state government  Mine will provide jobs for local people  will provide training

  • pportunities for young

people in my area

Strongly disagree Strongly agree Strongly disagree Strongly agree Strongly disagree Strongly agree Strongly disagree Strongly agree Strongly disagree Strongly agree

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 45

Community Grant Scheme – Opportunity for WCCC

 The aim of these grants is to support projects that provide specific sustainable outcomes which have long lasting benefit/s to the wider community  Not for profit, sporting and recreation, environmental and community

  • rganisations

 Projects must provide benefit to a significant number of community members  Eligibility would be determined based on a set of criteria. For example:

  • Organisations must agree to expend grant monies only in accordance

with the successful grant project application

  • The project must be based within the local community, etc.
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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 46

What if?

 My business has been negatively impacted by the mining project?  Some mining activities will be compensated for prior to construction

  • Defined by Mining Act 1971 (SA)
  • Negotiated by Terramin and landowner, if no agreement, ERD Court utilised
  • Evaluated prior construction

 Communicate with us  Terramin Grievance Policy – on website  All information regarding the complaint investigated - This would include:

  • Mining activities and all environmental monitoring data (from mine)
  • Agricultural records and commercial business activities (e.g. spraying registers, marketing

strategies, anything relevant to complaint)  Like any business, common law remedies would be available and compensated appropriately

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TERRAMIN AUSTRALIA LIMITED

SLIDE No. 47