Mining Sector

The Royal Forest & Bird Protection Society says, No appeal over Denniston mine decision

The Royal Forest & Bird Protection Society says, No appeal over Denniston mine decisionThe environmental group, The Royal Forest & Bird Protection Society on Tuesday announced that it was not going to appeal an Environment Court decision for allowing Australian miner Bathurst Resources to move forward with an open cast mine on the Denniston Plateau near Westport.

Bathurst gets Green Signal for Coal mine

Bathurst gets Green Signal for Coal mineAccording to a new report, Bathurst Resources has finally got the approval for the resources of their project related to coal mine on West Coast's Denniston Plateau. Today, the Environment Court gave the approval for the project, leading to an end of the fight with the environmentalists.

Alison Andrew Quits Orica to take up CEO Post at Transpower New Zealand Limited

OricaAlison Andrew, who is Orica Ltd Executive Global Head Chemicals, is leaving the company to join as chief executive officer of Transpower New Zealand Limited. Orica said in a statement to the Australian Securities Exchange that Andrew Larke will take up Ms. Andrew's former role. The role will be in addition to his existing position as executive global head of strategy and planning.

Denniston Mine Issue: Court Refuses Latest Appeal

MineForest & Bird and the West Coast Environment Network do not want that Bathurst Resources should get green signal for mining on the Denniston Plateau.

They have even lodged a number of appeals, but none of them has been approved. Yet again, the Environment Court has refused to accept the new appeal made by the Forest & Bird and the West Coast Environment Network.

Minister Awaits Mine Approval, says Procedure Taking Too Long

Minister Awaits Mine Approval, says Procedure Taking Too LongIn his recent statements, Conservation Minister Mr. Nick Smith has said the mine approval is taking too long, which could bring the court process into disrepute.

The minister is trying to seek approval to an open-cast coal mine on the Denniston Plateau since a very long time. He says any more appeals into it could bring disrepute for the court procedures.

Treasurer Wayne Swan Faces Pressure to Redesign Mining Tax

Treasurer Wayne Swan Faces Pressure to Redesign Mining TaxTreasurer Wayne Swan has come under huge pressure after it has been realized that the mining tax revenue has risen but is still far below the amount predicted for the year by Treasury.

While Treasury had forecasted that the revenue would be touching $2 billion, the same has remained at $126 million only. The amount of the mining tax for its first six months was announced by Mr. Swan the previous day.

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