EDMONTON, Alberta (CU)_The proposed plan on the Grassy Mountain coal project in south-western Alberta was denied approval by the review panel appointed by the Alberta Energy Regulator in June, ruling that it was “not in the public interest”. Subsequently, Australia-based Riversdale Resources said it was reviewing its options and hopes to engage with the relevant authorities “better understand the reasons for the decision”, and to confirm that the process was fair and transparent. According to the coal development company, in its 23-year mine life, the project is expected to produce up to 4.5 million tonnes of steel-making coal each year, generating 400 employment opportunities and $1.7 billion in taxes.
Nevertheless, nearly two months after the review panel’s decision, the federal government of Canada also…
