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

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news