Development West Coast invests $3m in mineral sands mining group

WMS group is mining on farmland near Cape Foulwind. (Image: Getty)

Fri, 17 Nov 2023

The West Coast’s regional economic development agency has invested $3 million in mineral sands miner WMS Group. Development West Coast (DWC) chief executive Heath Milne said the decision aligned with its objectives to promote sustainable employment opportunities and economic benefits for the West Coast. WMS Group mines and exports titanium-rich ilmenite along with small amounts of rare-earth minerals from private farmland near Cape Foulwind.MWS Group managing director Ray Mudgway said the company was on track with plans to seek...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market Close

NZ sharemarket dips despite strong US, Australian gains

The S&P/NZX 50 Index closed down 25 points or 0.19%.

Jamie Gray 6:14pm

Technology

Substack prances to 'unicorn' status

Substack raise sees it valued at more than US$1 billion.

Staff reporters 4:29pm

The Quiz Free

QuiznessDesk, Friday, July 18

Can you get them all correct without cheating?

The Quizmaster 9:15am

Sponsored

Global real estate without the passport or paperwork

A global ETF offers access to income-generating real estate like data centres, healthcare and logistics warehouses – all in New Zealand dollars.

Blackrock, Smart Invest

Sponsored

‘Make Today the Day’: Why on-the-job training is the key to NZ’s service recovery

Covid gutted New Zealand’s service workforce. Training is the fix – and the future.

ServiceIQ

More Primary Sector

Primary Sector

Livestock Improvement Corp posts strong profit but warns of FY26 one-offs

Staff reporters 10:45am

Primary Sector

UPDATE: NZ-Canada dairy dispute resolved says NZ Trade Minister

A long-running dairy dispute with Canada has been resolved, says Trade and Investment Minister Todd McClay“The Government is pleased that this dispute has now been settled, and New Zealand exporters are guaranteed better access to the Canadian market,” McClay said.Under the agree...

Rebecca Howard 8:10am