New Zealand Minerals e-News
July 2008
Meeting of minds (and ideas) at AusIMM Conference
This year’s Australasian Institute of Mining and Metallurgy (AusIMM) conference in Wellington comes at a pivotal time for the New Zealand minerals and natural resource industries, NZMIA Chief Executive Doug Gordon says.

“It’s an election year, and that always means that parties take another look at what they are doing and where they stand on issues and that has potentially huge – and beneficial – implications for our country,” Mr Gordon said.
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Development Potential. Doing the numbers: minerals industry more than stacks up
In December last year, New Zealand for the first time earned $1 billion in dairy exports for a month. In that same month, the relatively small Tui oilfield, off the Taranaki coast, exported $254 million worth of oil.

Consultant geologist Richard Barker was somewhat struck by the comparison, in compiling his minerals industry report, Natural Resource Potential of New Zealand.
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Minerals Value Proposition: There's gold in them thar hills – and oil and gas at sea
There’s gold in them thar hills – well, actually there’s an awful lot more than gold and it’s worth a lot of money – an estimated $4.5 billion annually for New Zealand.

That’s the impressive figure calculated in The Natural Resource Potential of New Zealand, a report that is in effect a value proposition for the natural resources sector in this country, and which also points to how this wealth may be unlocked.
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Political will – a resource in short supply
The New Zealand minerals industry produces more than 50 million tonnes of minerals a year, but there is one resource that has been in particularly short supply – political will, NZMIA Chief Executive Doug Gordon says.

“We just can’t mine enough of that,” he said. “There is so much more that could be achieved for New Zealand with a more favourable and committed political and policy environment. We need a central government champion for the people’s commonly owned natural resources wealth".

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In This Issue

Nuggets
Gold – a very precious metal
The land that’s produced over a 1000 All Blacks has also produced more than 1000 tonnes of gold – or 33 million ounces. Read more ...

In the ground
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? Read more ...

The real oil on minerals ownership
So you’re the next Jed Clampett and have just struck oil in your backyard? Think again. You don’t own it. All petroleum, gold and silver in its natural state in New Zealand is Crown-owned, even if it’s under your quarter-acre dream. Read more ...


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