Would-be seabed miner accused of misleading claims

TTR has been trying for years to start seabed mining off the Taranaki coast. (Image: Supplied)

Tue, 09 Apr 2024

A New Zealand activist group opposed seabed mining, and infrastructure minister Chris Bishop accused an Australian mining company of misleading behaviour regarding its planned Taranaki iron sands project. Kiwis Against Seabed Mining (KASM) is making a complaint to the Australian Securities Investment Commission (ASIC) claiming that Trans-Tasman Resources’ (TTR) parent company, Manuka Resources, misled the Australian securities exchange (ASX). KASM claimed that Manuka Resources had exaggerated its relationship with the NZ governm...

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