News | Business
26 Jun 2017 0:10
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Olympic Games
  • Ski Report
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Seabed mining clears conservation hurdle

    Miner Trans-Tasman Resources allays Department of Conservation concerns about its bid to mine sand containing iron off the Taranaki coast.


    The Department of Conservation will not oppose a bid to mine ironsands fromthe seabed off the Taranaki coast.

    It said on Thursday miner Trans-Tasman Resources Ltd had listened to its concerns regarding a revised application to mine sand containing heavy concentrations of iron in a 66sq km area off Patea.

    The miner reapplied in August after its original submission more than two years ago was turned down.

    "DOC and its independent experts reviewed the modified application, provided TTRL with comments and requested amendments to the draft conditions to address potential adverse effects on the marine environment," the department said in a statement.

    "TTRL accepted all the revised conditions and amendments."

    A decision making committee appointed by the Environmental Protection Authority will now consider the application.

    DOC's decision no to lodge a submission clears a significant hurdle for the bid, which still faces some community opposition.

    This includes an iwi-organised petition signed by more than 6000 people, which was presented in parliament in September and called for a moratorium in seabed mining.

    Green Party MP Gareth Hughes accepted the petition from Ngati Ruanui representatives and said seabed mining was too risky because it "involves sucking up tonnes of seabed, extracting the iron ore, and then dumping it back".

    TTR says the dredging area for its project, between 22-36km offshire, is within a vast expanse of sand exposed to significant wave and tidal action and with no significant marine features.

    It wants to extract up to 50 million tonnes of ironsands each year.

    It says the project will create 1650 jobs and add $350 million to the national economy.


    NZN




    © 2017 NZN, NZCity


     Other Business News
     25 Jun: Moeraki Boulders gets speed control
     25 Jun: Posties' union delivers NZ Post broadside
     25 Jun: Kiwifruit class action headed to court
     25 Jun: Call to track building materials
     23 Jun: Hammer attack on scrap metal worker
     23 Jun: NZ dollar steady, markets look to US data
     23 Jun: NZ shares fall after 'uneventful' week
     Top Stories

    RUGBY RUGBY
    Barrett has no qualms with NZ No.15 role More...


    BUSINESS BUSINESS
    Moeraki Boulders gets speed control More...



     Today's News

    Business:
    Moeraki Boulders gets speed control 21:57

    Rugby League:
    Cherry-Evans makes Origin statement 21:47

    Rugby:
    Barrett has no qualms with NZ No.15 role 18:57

    Rugby:
    Lions tactics likely to change: Hansen 18:37

    Living & Travel:
    Pakistan oil tanker fire kills more than 120 as onlookers rush to gather leaking fuel 18:27

    Rugby League:
    Dragons v Knights, Sharks v Sea Eagles: NRL round 16 live scores, stats and commentary 18:17

    Accident and Emergency:
    One killed in Otago plane crash 18:07

    Law and Order:
    Bay of Plenty fisherman dies 18:07

    Business:
    Posties' union delivers NZ Post broadside 17:27

    Entertainment:
    Gigi Hadid has posted a sweet birthday tribute to her brother Anwar 16:57


     News Search






    Power Search


    © 2017 New Zealand City Ltd