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Mining Industry Welcomes New Government Initiative

Mining Industry Welcomes New Government Initiatives

The mining and resource sector today welcomed the Government’s decision to fund surveys of minerals potential of parts of Northland and the West Coast of the South Island.

Acting CEO for Straterra, representing the resource sector, Chris Baker, said the decision to leave Schedule 4 unchanged means some protected land is not available for prospecting, however, the Government has sent a clear signal of support for the resource sector in New Zealand.

“The resource sector has real potential in New Zealand, as is evidenced by current activity, and has always been able to pursue environmentally responsible development under the RMA and will continue to do that. Prospecting and exploration is complex and can carry big upfront costs as mineral prospects are identified and developed, so we welcome the Government’s decision to fund some of the baseline data gathering in Northland and the West Coast. This investment should increase the attractiveness of these areas for prospecting.” Chris Baker said.

“We also welcome the Government’s decision to ensure that both environmental and economic objectives are properly considered by both the Minister of Conservation and the Minister of Energy and Resources. Issues around economic, mineral and national significance need to be balanced in any mining proposal."

“The resource sector makes an important contribution to the economy and to local communities, and will continue to do that in an environmentally responsible way. Developing the mineral potential for New Zealand is extremely important for our future and we will continue to work with the Government towards a more balanced debate for the benefit of all New Zealanders.”

ENDS



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