Trans-Tasman marine consent rejected

TTR-mapTRANS-TASMAN Resources (TTR) says it is extremely disappointed with the decision by the Environmental Protection Authority (EPA) Decision-making Committee (DMC) to refuse consent for mining iron sands in the South Taranaki Bight. The company successfully applied for a mining consent earlier this year but the EPA decision in mid-June now casts huge doubt over the project.

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Nickel prices a catalyst to re-evaluate assets

SOARING prices for nickel should be the catalyst to get some overlooked nickel assets out of the bottom drawer and onto the exploration agenda, according to a newcomer to the nickel industry in Western Australia (WA). Minotaur Exploration managing director Andrew Woskett says the 2014 price hike for nickel is a rare window of opportunity in the nickel space to relook at large and untapped nickel sulphide prospects.

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Copper market set for moderate surplus

WITH the copper market expected to post a moderate surplus this year, copper prices are expected to remain under pressure. In its fifth edition of GFMS Copper Survey, Thomson Reuters says the annual average price is expected to fall below $7000/tonne for the first time since 2009, with a test of the $6000/tonne level likely during the second half of the year.

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