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NZ Mining Updates 13 May 2005 - Issue 27

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NZ Mining Updates 13 May 2005 - Issue 27
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This month, as well as providing you with current news and permit
information, we are pleased to announce that the 2004 coal production
statistics have been posted to the Crown Minerals website, visit:
http://s0.tx.co.nz/at/tep121i73128a4j37145s4c3647616t9f2n8287081z

Planning for the 2005 NZ Minerals conference to be held in Auckland 13-16 November is underway. The conference will include commentary on:
* New Zealand as an investment opportunity and its place in the world
* The future of the global minerals industry
* Financing mineral exploration and mining
* Modelling research on epithermal and mesothermal gold deposits
* Coal's place in New Zealand's energy future
* Lignite developments
* Balancing environmental and developmental priorities
* Exciting gold mining developments - New Zealand and global


To pre-register for the conference visit: http://s0.tx.co.nz/at/tep121i73127a4j37145s4c3647616t9f2n8287081z

Regards Crown Minerals

West Coast coal output grows 7% in 2004

The 2004 New Zealand coal production figures just published, show that output from coal mines on the West Coast of the South Island has grown by 7% to 2.6 million tonnes from 2.4 million tonnes the previous year.

For details click below...

http://s0.tx.co.nz/at/tep121i73128a4j37145s4c3647616t9f2n8287081z

OceanaGold doubles Macraes underground gold resource to 1.2 million oz

Exploration drilling by OceanaGold at the Macraes underground gold deposit in east Otago has doubled underground mineral resources in nine months from 600,000 oz to over 1.2 million oz.

For details click below...

http://s0.tx.co.nz/at/tep121i74099a4j37145s4c3647616t9f2n8287081z

Great Australian targets JV with Southwest Exploration for Southland gold

Perth-based mineral explorer Great Australian Resources Ltd has invested in a promising gold project area in western Southland with local company Southwest Exploration Ltd.

For details click below...

http://s0.tx.co.nz/at/tep121i73114a4j37145s4c3647616t9f2n8287081z

Solid Energy half year sales rise but profit held steady

New Zealand's largest coal producer, Solid Energy Ltd, recorded a 13% rise in sales turnover in the half year to 31 December 2004 compared to the same period of 2003, but profit remained steady as the company faced a number of operational challenges.

For details click below...

http://s0.tx.co.nz/at/tep121i73090a4j37145s4c3647616t9f2n8287081z

OceanaGold finds more gold ore beneath planned Globe Progress pit

As OceanaGold continues construction of its Globe Progress gold mine at Reefton on the West Coast, the company has discovered additional ore beneath the current planned open pit.

For details click below...

http://s0.tx.co.nz/at/tep121i74100a4j37145s4c3647616t9f2n8287081z

Pike River Coal plans to list on share market

The Pike River Coal Company plans to float shares on the New Zealand stock exchange to finance its export coking coal mine on the West Coast, making Pike River the only New Zealand listed coal company.

For details click below...

http://s0.tx.co.nz/at/tep121i73088a4j37145s4c3647616t9f2n8287081z

Solid Energy granted exploration permit over Roxburgh lignite prospect

Solid Energy has been granted an exploration permit for lignite coal over a 282 ha area near Roxburgh in Central Otago.

For details click below...

http://s0.tx.co.nz/at/tep121i73091a4j37145s4c3647616t9f2n8287081z

For enquiries about this email or any other information we offer, contact us at: Email: crown.minerals@med.govt.nz Website: www.crownminerals.govt.nz


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