Would-be ironsands miner Trans Tasman Resources loses CEO

Wed, 03 Dec 2014

By Pattrick Smellie Dec. 3 (BusinessDesk) - Trans Tasman Resources, the company that unsuccessfully sought resource consents to mine ironsands from the ocean floor in the southern Taranaki Bight, has lost its chief executive, Tim Crossley, who is returning to Australia. TTR is appealing the decision by a decision-making committee appointed by the Environmental Protection Authority in June to reject its application to vacuum ironsands into purpose-built ships for export to steel mills in Asia. The company had already cut back to a skele...

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