Conference Proceedings
1990 AusIMM New Zealand Branch Annual Conference - The Mineral Industry in New Zealand
Conference Proceedings
1990 AusIMM New Zealand Branch Annual Conference - The Mineral Industry in New Zealand
The Economic Climate for Mining in New Zealand
This paper presents a resume of the likely profitable mining areas in New Zealand. It covers the main 'minerals'- gold, coal, oil and gas, ironsands, silica sands, clays, lump silica, perlite, sulphur and limestone. The potential mining projects are depicted on a map of New Zealand together with the associated works involved in hydro-electric and geothermal power development requirement for industries such as aluminium, nickel ferro-silicon or silicon carbide production._x000D_
The political need for mining development to relieve unemployment and reverse emigration is stressed. A case is made for exploration and development assistance by government in labour re-training, energy supply and transportation, if the tremendous losses through lack of use of human and industrial resources are to be rapidly reduced. These losses are currently estimated at $10 000 000 000 per year._x000D_
The need for protection of the sanctity of contract and security of tenure of all mining operations is touched on briefly as is the need for a reasonably balanced view on conservation. However, as both of these are more properly covered in papers on the legal and environmental aspects of the mining climate, they are presented here only as they affect the economy of the mining operation._x000D_
Finally, there is a brief comment on the mining climate in New Zealand relative to Australia and South Pacific mining operations.
The political need for mining development to relieve unemployment and reverse emigration is stressed. A case is made for exploration and development assistance by government in labour re-training, energy supply and transportation, if the tremendous losses through lack of use of human and industrial resources are to be rapidly reduced. These losses are currently estimated at $10 000 000 000 per year._x000D_
The need for protection of the sanctity of contract and security of tenure of all mining operations is touched on briefly as is the need for a reasonably balanced view on conservation. However, as both of these are more properly covered in papers on the legal and environmental aspects of the mining climate, they are presented here only as they affect the economy of the mining operation._x000D_
Finally, there is a brief comment on the mining climate in New Zealand relative to Australia and South Pacific mining operations.
Contributor(s):
J W Ridley
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- Published: 1990
- Unique ID: P199002002NZ