L&M readies Otago mine

L&M Mining has expanded its interests including the purchase last November of Perilya Mines which has been acquiring land and preparing the Ernscleugh project for development expected to begin in late 2001 once it has the appropriate consents.

L&M Mining staff and consultants have been consulting with locals as part of preparations for an environmental assessment impact report on dust, noise and effects on groundwater.

Earlier last year L&M Mining obtained approval to buy 33ha at Waikaka Rd near Gore where it has identified a gold resource containing 190,000oz, although less may be recoverable.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

March 18th Morning Report
MCY - Mercury opens $220m geothermal expansion
PYS - PaySauce undertakes Minimum Holding buyback
March 17th Morning Report
Meridian Energy monthly operating report for February 2026
MCY - Mercury considers Green Bond offer
March 16th Morning Report
Metro Performance Glass FY26 Market Update
Devon Funds Morning Note - 13 March 2026
Devon Funds Morning Note - 12 March 2026