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

 


The Destructive Effects of Mining Boom-and-Bust Cycles


Media Release

12-11-2012

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

www.watchdog.org.nz

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Anzac Issue Out Now: Werewolf 47

Alison McCulloch: Lest We Remember

Local iwi have plans to spruce up the Te Ranga site as part of the 150th commemorations this year of key battles in the “New Zealand Wars”, but not a lot of money to do it with.

Information gathered from numerous government agencies shows that while more than $25 million is being spent on monuments and commemorations relating to foreign wars, primarily World War I and its centenary, only around $250,000 has been set aside for those fought on our own soil. More>>

Anne Russell: Anzac Day - Identity Politics, With Guns

Even cursory research into media reports from the past forty years reveals a cultural shift in the commemoration of Anzac Day. Among other things, turnout at Dawn services has increased significantly in recent decades.

Contemporary numbers are estimated at 3,000-4,000 in Wellington, and 10,000-15,000 in Auckland. Newspaper reports from the 1970s and 80s estimated Wellington turnouts at 300-800, and Auckland at anywhere from 600 to 4,000. More>>

 
 

Parliament Today:

Spookwatch: New Inspector-General Of Intelligence And Security Appointed

Prime Minister John Key hasannounced the appointment of Cheryl Gwyn as Inspector-General of Intelligence and Security. The appointment was made by the Administrator of the Government on behalf of the Governor General and is for a term of three years. More>>

Crowdsourcing: Green Party Launches Internet Rights And Freedoms Bill

The Green Party has today launched the Internet Rights and Freedoms Bill, New Zealand’s first ever Bill crowdsourced by a political party. More>>

ALSO:

Gordon Campbell: On The Shane Jones Departure

Shane Jones has left Parliament in the manner to which we have become accustomed, with self interest coming in first and second, and with the interests of the Labour Party (under whose banner he served) way, way back down the track. More>>

COMMENT:

Multimedia: PM Post-Cabinet Press Conference - April 22 2014

The Prime Minister met with reporters to discuss: • The recent improvement in the economy with a growing job market • Income and wealth inequality • Easter trading laws • The New Zealander killed in a drone strike in Yemen... More>>

ALSO:

Easter Trading: Workers 'Can Kiss Goodbye To Easter Sunday Off'

The Government’s decision to “reprioritise” scarce labour inspector resources by abandoning the enforcement of Easter Sunday Shop Trading laws means workers can kiss goodbye to a guaranteed day off, says Labour’s Associate Labour Issues spokesperson Darien Fenton. More>>

ALSO:

ACT Don't Go For Maximum Penalty: Three Strikes For Burglary, Three Years Jail

Three strikes for burglary was introduced to England and Wales in 1999. As in New Zealand, burglary was out of control and given a low priority by the police and the courts. A Labour government passed a three strikes law whereby a third conviction for burglaries earned a mandatory three years in prison... More>>

ALSO:

Gordon Campbell: On Drone Strikes And Judith Collins‘ Last Stand

The news that a New Zealand citizen was killed last November in a US drone attack in Yemen brings the drones controversy closer to home. More>>

ALSO:

Elections: New Electorate Boundaries Finalised

New boundaries for the country’s 64 General and seven Māori electorates have been finalised – with an additional electorate created in Auckland. More>>

ALSO:

Policies: Labour’s Economic Upgrade For Manufacturing

Labour Leader David Cunliffe has today announced his Economic Upgrade for the manufacturing sector – a plan that will create better jobs and higher wages. More>>

ALSO:

Gordon Campbell: On The Life And ACC Work Of Sir Owen Woodhouse

With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the titans of its post-war social policy. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news