UPDATE: Trans-Tasman Resources gets green light to mine iron sands

Thu, 10 Aug 2017

(recasts to add comments from TTR chairman as well as detail and comment from those opposed to the decision throughout) By Rebecca Howard Aug. 10 (BusinessDesk) - Trans-Tasman Resources will now invest upwards of $600 million to build and commission its project now it has a green light to mine iron sands from the ocean floor in New Zealand's Exclusive Economic Zone in the South Taranaki Bight. "We are delighted with the decision. It's critical to our project going forward. We had to have the marine consent so that we can proceed with t...

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