Controversial seabed ironsands mining hearings scheduled for March

Fri, 14 Feb 2014

By Pattrick Smellie Feb. 14 (BusinessDesk) – Just 11 of the 4,702 submissions on proposed ironsands mining off the coast of Patea favour the scheme, although a summary of objectors shows divided opinions in the fishing industry and conditional support from local and central government agencies. The application relates to privately owned TransTasman Resources’ plan to hoover up iron ore-bearing sands off the sea floor in a 65.76 square kilometre area , in the Exclusive Economic Zone, between 22 and 36 kilometres offshore, processing around 50...

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