Takeover of would-be seabed miner almost complete

Takeover of would-be seabed miner almost complete
TTR hopes to mine iron and other minerals off the Taranaki Coast. (Image: TTR)
Ian Llewellyn
Australian company Manuka Resources says it will complete its takeover of New Zealand’s would-be seabed miner Trans-Tasman Resources over the next seven days, following regulatory approval.Manuka told the Australian stock exchange (ASX) today that NZ Petroleum and Minerals – the country’s mining regulator – had given it approval to transfer Trans-Tasman Resources' (TTR) permit to mine in the South Taranaki Bight.Under NZ law, a change in control of mining permits must be approved by the government to test whether the...

More Primary Sector

Bremworth getting back into synthetics
Primary Sector

Bremworth getting back into synthetics

Albeit in a small, but carefully curated, number of products.

Riley Kennedy 09 May 2025
Agriculture the winner in senior science advisory roles
Primary Sector

Agriculture the winner in senior science advisory roles

The Science & Technology Advisory Council is weighted towards the dairy industry.

Greg Hurrell 08 May 2025