New Zealand

  • Approval for NZ coal operation

    Bathurst Resources has gained approval from New Zealand’s Overseas Investment Office to acquire 85 hectares of forestry land at Nightcaps in Southland, New Zealand. The land will give Bathurst access to coal seams adjacent to its Coaldale mine.

  • Bathurst boosts domestic coal supply

    BATHURST Resources has secured a 30-month supply contract for coal from its mines on the North Island. The contract for supply of up to 250,000 tonnes annually progresses the company’s strategy to supply domestic coal in New Zealand to displace imported coal.

  • NEW ZEALAND - Bathurst Gains Escarpment Authority

    Bathurst Resources has received the Authority to Enter and Operate (AEO) for the Escarpment coal project from the landowner, the Department of Conservation (DOC). The company can now proceed with earthworks and site preparation in readiness to quickly move into full mining operations once global coking coal prices recover.

  • NEW ZEALAND - Experts to visit Aorangi area

    Top-tier technical experts, internationally successful in their respective fields but with a deep connection to New Zealand, will make a high level field visit to Strategic Elements’ Aorangi mine area over several weeks. The company is pleased that the project has attracted such interest from individuals clearly passionate about transferring their global experience to the Golden Blocks goldfield.

  • NEW ZEALAND - Extension request for Talisman agreement

    New Talisman Gold Mines has received a formal letter of request for an extension to the signed Heads of Agreement (HoA) with St Albans Pty Ltd dated December 12, 2013. The formal request is for 90 days from the date of the signed agreement to allow completion of definitive agreements and technical due diligence.

  • NEW ZEALAND - High grade anomalies at Golden Blocks

    Strategic Elements has reported further high-grade gold anomalies from the Golden Blocks project in New Zealand. The company has also increased its proposed commitment to the area by lodging an additional prospecting permit application covering a further 95.2sqkm adjacent to its current permit.

  • NEW ZEALAND - Historic records reveal high-grade target

    Strategic Elements has revealed an exceptionally high-grade gold target beneath the historic Aorangi Gold Mine on the South Island following the discovery of an extensive set of records on the mine in the depths of Wellington Archives.

  • NEW ZEALAND - Iron sands decision on hold

    Expectations of a decision within 20 days on Trans Tasman Resources’ (TTR) application to mine iron sand on the seabed off the Taranaki coast have been put on hold as the five member decision-making committee considering the bid unexpectedly adjourned the process.

  • NEW ZEALAND - Macraes extended by 3-5 years

    Favourable currency exchange rate moves and lower oil prices have prompted OceanaGold to extend mining operations at the Macraes Gold Project in the East Otago area by three to five years. Macraes was scheduled to wind up in the next two years.

  • NEW ZEALAND - OceanaGold to acquire Waihi

    OceanaGold Corporation has signed a non-binding Letter of Intent (LoI) with Newmont Mining Corporation to acquire Newmont’s Waihi Gold Mine for US$101 million in cash plus customary adjustments. Newmont will also retain a 1% Net Smelter Royalty for gold ounces mined from one specific exploration tenement capped at 300,000 ounces of production.

  • NEW ZEALAND - Strong Talisman sampling results

    New Talisman Gold Mines has received results from recent sampling of ore stockpiles at the Talisman mine, part of which are awaiting treatment. The stockpiles contain an average grade of 1.5 ounces of gold per tonne or 42.52 grams/tonne.

  • NEW ZEALAND - Talisman consent process ‘robust’

    New Talisman Gold Mines is confident that an application for resource consents sought by the company from Hauraki District Council for exploration and bulk sampling operations falls within the council’s own policy for non-notified applications. This follows an application by Protect Karangahake for a judicial review of the decision to grant the company consents.

  • NEW ZEALAND - Trans-Tasman to Appeal EPA Decision

    Trans-Tasman Resources (TTR) will appeal the Environmental Protection Authority (EPA) Decision-making Committee’s decision to decline its marine consents for mining iron sands in the South Taranaki Bight of New Zealand's North Island.

  • NEW ZEALAND – New Talisman concludes first sale

    New Talisman Gold Mines Ltd has concluded the first sale of precious metals in the company’s history. Fifty tonnes of ore despatched from the Talisman mine site were analysed and found to contain 64.5 ounces of gold and 227.3 ounces of silver at a recovered rate of 42.56 grams/tonne and 150.1 grams/tonne respectively.

  • NEW ZEALAND – New Talisman raising funds

    New Talisman Gold Mines is undertaking a pro-rata one for five renounceable rights offer of new listed shares with the intention of raising NZ$1.3 million. The funds will be applied to a bulk sampling project and working capital.

  • NEW ZEALAND – New Talisman secures investor

    New Talisman Gold Mines has secured a major investor and launched a rights issue to existing shareholders as it aims to advance its gold properties near Paeroa in the Hauraki District, including the historic Talisman mine. The new investor is Yang Xia, a director of an NZAX-listed shell company Vetilot, previously known as Investment Research Group.

  • NEW ZEALAND – Option agreement over Riwaka project

    Minerals Corporation Limited has entered into an option agreement with NZA Commodities which grants it the option to acquire 100% of the prospective Riwaka nickel-cobalt-platinum group metals project near Nelson, at the north of the South Island.

  • NEW ZEALAND – Talisman development advances

    New Talisman Gold Mines continues to advance development of its Talisman mine. The company has delivered a second modest batch of ore for treatment. The ore was crushed and sampled offsite prior to treatment and contained an average of greater than 1 ounce per tonne gold and 53.7 ounces per tonne silver.

  • SUPPLIERS - ESCO grows New Zealand presence

    ESCO Corporation, a leading independent manufacturer and provider of highly engineered wear parts and replacement products used in mining, construction, industrial, oil and gas applications, has reached an agreement with Real Steel Ltd to serve the New Zealand market from Real Steel’s supply and service location in Upper Hutt, New Zealand.

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