Whitehaven pauses development of NSW and Qld mines

MINING giant Whitehaven Coal has put all expansion decisions on hold due to "volatile financial market conditions", including the $700-million Vickery mine expansion.

The Northern Daily Leader is reporting the NSW Government recently signalled the Vickery project, located between Gunnedah and Boggabri, was near the end of its assessment process and would soon be handed over to an independent body to make the final call.

Whitehaven has also deferred decisions about expanding its existing underground mine near Narrabri and developing its proposed Winchester South mine in Queensland.

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