Sharechat Logo

Mining giant starts airborne survey

By NZPA

Thursday 14th June 2007

Text too small?
International mining giant Rio Tinto has started an airborne survey of 1200sq km of mineral-rich ironsand deposits along the west coast of the North Island.

The search area is split into two sites -- on the west coast of south Auckland and at Mokau, north Taranaki.

Rio Tinto is managing the hunt for iron and other metals in a joint venture with Iron Ore New Zealand, which has a prospecting permit.

Meanwhile, iwi and environmental groups and the Auckland Regional Council were seeking more information about the venture, The New Zealand Herald reported today.

Auckland Regional Council coastal project leader Andrew Benson said the Auckland Regional Coastal Plan allowed prospecting in which a small quantity of material could be taken.

Coastal permits, which were a resource consent allowing prospecting activity, had not been sought.

The company had advised it might take physical samples early next year and would then assess their need for coastal permits to provide for prospecting.

  General Finance Advertising    

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.

Related News:

CNU - Board change, closing date for director nominations, & ASM
PFI - PFI Announces FY26 Annual Results
August 24th Morning Report
SKL - Shareholder Register Release
SPN - South Port Delivers Record FY26 Result
GEN - Amended Annual Shareholders Meeting 2026 Results
TWL - TradeWindow to seek primary ASX listing; appoints Australia
AIA - Annual Meeting and Nomination of Directors
FPH provides first half FY27 guidance, updates FY27 outlook
August 21st Morning Report