'We're not going away,' says seabed miner, as EPA appeal dropped

Fri, 12 Dec 2014

By Pattrick Smellie Dec. 12 (BusinessDesk) - Would-be seabed miner Trans-Tasman Resources has dropped its appeal against its rejected proposal to vacuum ironsands off the ocean floor far offshore in New Zealand's Exclusive Economic Zone, preferring to save the legal costs and consider a fresh application to mine sands in shallow waters in the Exclusive Economic Zone, some 26 kilometres offshore from Patea. The environmental group that has campaigned against the proposal, Kiwis Against Seabed Mining (KASM) welcomed the decision as a "victo...

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