
In the ground
How much, you say?
So what are the best estimates on the dollar values of New Zealand metallic minerals resource still in the ground? And what are those resources? Well, theres gold which is identified in four types mesothermal (estimated resource worth $17.35 billion) epithermal (18.8 billion), alluvial (5.5 billion) and other deposit types ($3.18 billion). Then theres an estimated $1.58 billion worth of silver still in the ground, $27 billion worth of copper, $26 billion worth of iron, $33.7 billion worth of molybdenum, $7.1 billion worth of platinum and $2.25 billion worth of titanium. All up were talking about New Zealand sitting on an estimated $140 billion minerals fortune. So now you know.