UPDATED: Rise and Shine: biggest NZ gold find in 40 years

UPDATED: Rise and Shine: biggest NZ gold find in 40 years
Santana's Kiwi CEO, Damian Spring. (Image: Supplied)
Pattrick Smellie
Australian gold miner Santana Minerals is spruiking its "Rise and Shine” site in Central Otago as “the most significant gold discovery in New Zealand for four decades”.That puts it in contention with OceanaGold’s Macraes mine, a 90-minute drive away and in the same geological structure, which has produced more than three million ounces of gold since opening 34 years ago, in 1990.At today’s gold price, that values Macraes at $9.6 billion, with Santana’s Bendigo-Ophir discovery potentially significant...

More Primary Sector

TTR seabed mining bid not affected by law change
Primary Sector

TTR seabed mining bid not affected by law change

No-go zones will not apply to controversial mining bid.

Govt to change offshore renewable regime
Primary Sector

Govt to change offshore renewable regime

No-go zones for seabed mining proposed.

Ian Llewellyn 17 Sep 2025
Global dairy prices fall
Primary Sector

Global dairy prices fall

Global dairy prices fell slightly overnight, although the losses "were softer than those recorded at the previous auction". Tuesday night’s Global Dairy Trade auction saw the Price Index fall 0.8% despite 5.7% less product being sold and weaker bidding ratios. Only cheddar manage...

Staff reporters 17 Sep 2025
Northland goat farmers secure lifeline in bank standoff
Primary Sector

Northland goat farmers secure lifeline in bank standoff

There were 51 farm debt mediations completed in the past 12 months.