Land Information Minister Sage says Sullivan Mine didn't meet economic benefit test

Wed, 07 Feb 2018

By Jonathan Underhill Feb. 7 (BusinessDesk) - Bathurst Coal couldn't persuade Land Information Minister Eugenie Sage that its plan to buy Solid Energy's mothballed Sullivan Mine on the Denniston Plateau was a good enough deal for New Zealand. She declined the application using the sensitive land test and said the deal failed to provide a convincing economic benefit or job creation case. “Given the ongoing volatility of the coal price there is considerable uncertainty about whether the proposal would result in any economic benefit or jo...

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