Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


The Destructive Effects of Mining Boom-and-Bust Cycles

Media Release


The Destructive Effects of Mining Boom-and-Bust Cycles on Communities

What the Coromandel Can Learn from the West Coast Experience

The issues raised last week by the Buller District Council,at the Parliamentary Select committee hearing considering amendment of the Crown Minerals Act,offer a cautionary tale for the Coromandel. Thames Coromandel District Councilplanners and community members should take note of the serious risks of dependingon a boom-and-bust industrylike mining.

“The West Coast rollercoasterride of unstable economic conditions is a warning to the Coromandel that mining is economically unsustainable. The international prices for gold and other minerals will keep fluctuatingand mining companies will constantly shift their plans based on these variations,” says Coromandel Watchdog Coordinator Renee Annan. “Communities with stable populations are far more sustainable than a boom and bust workforce renting houses and disappearing from the rating base once the boom is over.”

“What we heard from the chief executive of the Buller District Council is that in the ‘boom’ part of the industry cycle,rentals are scarce and community infrastructure stressed.What pitiful royalties are collected go to the Government, not the local community,” Ms Annan said.

“The additional irony of a boom in gold with a company like Newmont Waihi Gold is that the profits all flow offshore. It’s the local community that must finance the short-term costs of a stressed infrastructure. Of course, we also know the local community is left with the long term costs such as tailings dam monitoring. When a mine closes, communities lose jobs and are left with the holes in the ground and toxic waste.”

The Thames Coromandel District Council has taken innovative steps toward a different economic vision–one that attracts families and businesses to settle in the area while preserving the peninsula’s unique environment for future generations. New initiatives include: the opening of the Hauraki Rail Trail, the expansion of mussel farming, and the development of a business case for the Coromandel Great Walk.

“TCDC is heading in a positive direction that will help peninsula communities thrive. What has happened on the West Coast, and in Waihi, confirms the toll a boom-and-bust industry can take on a community.”

Coromandel Watchdog of Hauraki

Protecting the Coromandel Peninsula from Mining



© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Gordon Campbell: On John Key’s Trip To Iraq

In the embedded press coverage on this trip, the absence so far of any evaluation of the wider context of what New Zealand thinks it is doing at Camp Taji has been striking. More>>


Labour: Parata Puts Brakes On Charter School Appraisal

“When the Ministry of Education recommended they compare the achievements of children at charter schools to those of their counterparts at state schools, the documents show Hekia Parata specifically prohibited them from doing so." More>>


Bad Day For Universities: Gun, Bomb Threats On Three Campuses

Dunedin Police are continuing their investigation into the threat made against the University of Otago. Staff are following a number of lines of inquiry, and police are working to verify the authenticity and source of the post. More>>


Gordon Campbell: On The TPP Deal Reached In Atlanta

Yes, the TPP has helped to knock a few points off the tariffs facing our exporters. Yet some of those alleged dollar gains may well have been made regardless over time – and without the negative baggage of the concessions in the non-trade areas (intellectual property, copyright extensions, investor-state dispute mechanisms etc) that the TPP deal also brings in its wake. More>> (Cartoon by Dave Wolland)

Public Summaries:


Wellington.Scoop: Serco – First The Prisons, And Now It Wants To Run The Trains

As the government continues its inquiry into Serco’s discredited administration of Mt Eden prison in Auckland, here in Wellington there’s further scrutiny of the British outsourcing company – because it’s competing to take over the running of our commuter trains. More>>


Pre-Signing: Gordon Campbell On The TPP Countdown

To date, the Key government has been unwilling to share any information about this TPP deal until it is too late for outraged public opinion to affect the outcome... the disclosure process is likely to consist of a similarly skewed and careful exercise in spin. More>>


Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news