Too much uncertainty downs seabed phosphate mining plan

Tue, 10 Feb 2015

By Pattrick Smellie Feb. 11 (BusinessDesk) - Uncertainty about the impact on the marine environment over-ruled "modest" economic benefits of the proposed Chatham Rock Phosphate seabed phosphate mining initiative, the decision-making committee appointed by the Environmental Protection Authority concluded in its decision, released today. It was not persuaded by arguments from the fishing industry and iwi that the proposals would have had any significant impact on fisheries or spawning grounds, but it did conclude CRP would not be able to do...

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