Seabed miners vow to try again after setbacks

Thu, 12 Feb 2015

By Pattrick Smellie Feb. 12 (BusinessDesk) - Both seabed mining companies that have had applications to mine in New Zealand's Exclusive Economic Zone say they intend to keep their projects alive. Chatham Rock Phosphate, whose application to dredge phosphate nodules off the Chatham Rise, 400 kilometres east of Christchurch was turned down yesterday by an Environmental Protection Authority decision-making committee, is mulling whether to appeal the decision or to mount a fresh appplication. TransTasman Resources, whose proposal to dredge...

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