Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Epithermal Gold exploration permit awarded

Hon Simon Bridges
Minister of Energy and Resources


9 May 2014 Media Statement
Epithermal Gold exploration permit awarded

Energy and Resources Minister Simon Bridges has welcomed a new gold explorer to New Zealand.

Silver City NZ Pty Ltd has been awarded a five-year permit to explore for gold as a result of the Epithermal Gold 2013 tender. The exploration permit covers 33km² on the central North Island volcanic plateau, south of Kawerau.

“Silver City is an experienced precious metals exploration company from Australia. They will be investing at least $1.25 million exploring in the central North Island over the next five years and this project has the real potential to create jobs, and benefit the local and national economy over the longer term,” Mr Bridges says.

“It is a great result to see a new entrant come into our market at a time when the price of gold and other mineral commodities is low, investors are understandably risk averse, and companies are tightening up their existing operations.

“The Government’s competitive tender process has seen six permits awarded over the past year, and a healthy number of applications have been received on the South Island Platinum tender. This exposure has stimulated further local and international interest in minerals, and the outlook is very promising.

Bids on the South Island Platinum tender are currently being assessed and the results are expected to be announced later this year.

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Auckland Relocation Grants: 12 Grants Paid So Far

Since the policy took effect one month ago, 12 applicants have received the non-recoverable grant, supporting 32 people. $54,508 has been paid out, covering things like moving costs, bond, rent in advance and letting fees. More>>

ALSO:

Vaccine Funding Change: HPV Vaccines For All Children

PHARMAC has today announced changes to funded vaccines, which will benefit an extra 100,000 people... The human papillomavirus (HPV) vaccine will be available for all children and adults up to the age of 26 years, and boys will now be included in the HPV school vaccination programme. More>>

ALSO:

Gordon Campbell: On Why The Opinion Polls For Key And Trump Defy Gravity

What is going on? Donald Trump got confirmed as the Republican presidential candidate at a bizarrely chaotic political convention… and promptly received an upwards bump in the polls to where he’s now rating ahead of Hillary Clinton, for only the second time this year. More>>

Sugar: Auckland Leisure Centres Axe Unhealthy Drinks

Auckland Council is to stop selling drinks that are sweetened by sugar from vending machines at its leisure centres in a bid to try to reduce obesity and type 2 diabetes... More>>

ALSO:

Gordon Campbell: On Todd McClay’s Faulty Memory

Time and again, whenever an issue arises the initial response by government is to deny or diminish the problem – nothing to worry about here, everything’s OK, move on. Then, hang on. In line with the usual pattern, as embarrassing details emerged into daylight, the story changed. More>>

ALSO:

Labour's 'Future Of Work': Major Reform Of Careers And Apprenticeships

The next Labour Government will transform careers advice in high schools to ensure every student has a personalised career plan, Leader of the Opposition Andrew Little says. More>>

ALSO:

State Investments Management: Treasury Likes IRD, Not Education Or Corrections

The Inland Revenue Department has scored an 'A' in the first tranche of the Treasury's investor confidence rating for state agencies that manage significant Crown investments and assets, gaining greater autonomy as a result, while the Corrections and Education ministries gained a 'C' rating. More>>

ALSO:

Govt Goal: NZ To Be "Predator Free" By 2050

Prime Minister John Key has today announced the Government has adopted the goal of New Zealand becoming Predator Free by 2050... “That’s why we have adopted this goal. Our ambition is that by 2050 every single part of New Zealand will be completely free of rats, stoats and possums." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news