OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.
NEW ZEALAND Mining News
"ANZ has suspended its physical precious metals custody service as it does not align to our business strategy at this time"
The Blackwater mine was once the most prolific mine in the Reefton Goldfield, producing 700,000 ounces of gold between 1908 and 1951.
The Martha pit was shut down in 2015 when a major slip and a rockfall affected the area.
It is now our intention to get this job done, and find out why 29 men went to work on 19 November 2010, and never came home.
The government lifted a moratorium for prospecting permits on 7,828 square kilometres on the northern part of the South Island.
Fresh setback for the company’s Solwara 1 project, expected to be the world’s first seabed gold, copper, silver mine.
"Coal plays an important part in New Zealand’s export reliant economy,” Straterra CEO Chris Baker said today.
Full Metal Minerals wants to buy the Puhipuhi Gold Project.
Mining at the site stopped in April 2015 when a major slip and a rockfall affected the area.
Rio Tinto has hired UBS AG to explore a possible initial public offering on the Australian Securities Exchange after planned trade sales came up short.
The New Zealand-listed company acquired 100 per cent of Newcrest NZ Exploration, a Newcrest Mining subsidiary
The Green Party wants to create New Zealand’s largest marine mammal sanctuary in order to stop extractive activities in the South Taranaki Bight
Trans-Tasman is now allowed to recover resources from the country’s Exclusive Economic Zone
They have found valuable minerals atop an underwater mountain, which is basically a huge flat-topped mound of some of the scarcest materials on Earth.
Canada’s Nautilus Minerals is getting closer to kicking off operations at its Solwara 1 gold, copper and silver project off the coast of Papua Guinea.
This as the creature lays its eggs on the dead stalks of sponges, attached to rocky crusts, which are rich in metals like manganese.
Scientist from Victoria University of Wellington says too little is known about the seafloor communities found in in New Zealand's Exclusive Economic Zone.
Texas-based Ocean Minerals says the area is also rich in scandium, a key ingredient for making an extremely light, strong, corrosion resistant, heat tolerant and weldable alloy.
Inferred mineral resources for Nautilus' CCZ project went up to 685 million tonnes from 410 million tonnes.
The three SPTs are scheduled to undergo extensive wet testing at Duqm Port.
Nautilus Minerals Inc. announces that the Solwara 1 Joint Venture (comprising Nautilus 85% and Eda Kopa (Solwara) Limited 15%) has taken delivery of the three Seafloor Production Tools (“SPTs”) from Soil Machine Dynamics Limited’s facility in Newcastle upon Tyne.
The Canadian deep sea miner has signed agreements with United Engineering Services LLC to provide support services associated with wet testing the company’s production and storing equipments.
Nautilus Minerals Inc. announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the Brisbane office of the DRA Group.
The deal also includes a $5 million contingent payment and a 1% royalty on a recent discovery north of Waihi’s current operations.