Seabed mining bid was 'premature', says EPA committee

Seabed mining bid was 'premature', says EPA committee
By Pattrick Smellie June 18 (BusinessDesk) - The bid by TransTasman Resource to mine the seabed in the south Taranaki Bight was "premature" and should have spent longer on understanding the impacts of its proposals on both the environment and existing users, the decision-making committee appointed by the Environmental Protection Authority says in its decision, released today. The decision, the first in response to an application for seabed mining under the new regime governing activity in New Zealand's vast Exclusive Economic Zone, comes...