The McPhillamys Gold Project is an approved 11-year, open-cut mining operation located in the Blayney-Kings Plains district of NSW. The investment required to construct and operate McPhillamys will provide a major economic boost and benefits to the local, NSW and Australian economies.
The project is wholly owned by Australian gold production and exploration company, Regis Resources Limited (ASX:RRL)
The McPhillamys Gold Project was assessed and approved by both NSW and Federal Governments.
NSW Planning assessment documents are here.
Independent Planning Commission documents and Conditions of Consent are here.
EPBC Act documents and conditions of consent are here.
On 19 August 2024, the Federal Minster for the Environment and Water announced a Section 10 declaration over a part of McPhillamys, resulting in the loss of access to the planned tailings storage facility (TSF) area. This Section 10 declaration has rendered the Project, in its current form, unviable. Regis has commenced preliminary works to attempt to identify an alternate TSF location. To advance an alternative TSF solution will require further extensive investigations and studies along with the recommencement of state and federal approvals processes. This process could take between five and 10 years, ultimately with no certainty of a viable alternative being realised.