Miner’s Monthly: July 2020

Minerals West Coast Forum tickets now available

Minerals West Coast’s 2020 forum dates are set and tickets available. The theme for this years’ forum is Product and will focus on the end uses of West Coast minerals. It will be held in Reefton on the 3rd of September. For full information about the forum, and to purchase tickets, click the button below. As with all industry events, time at the forum can be counted towards required CPD points for COC holders.

Focus falls on rising cost of carbon and impact on businesses

The impact of the rising cost of carbon under the New Zealand Emissions Trading Scheme has been taking a toll on coal reliant businesses, particularly the South Island horticultural sector.  Minerals West Coast has been working hard to bring this issue to public attention and it is encouraging to have this issue picked up by national news agencies like Radio New Zealand and Television New Zealand. 

Investor demand drive increases gold prices

With ongoing economic uncertainty worldwide, gold prices continue to hold high in New Zealand and around the world. In recent days the price of gold per ounce reached record levels of US$1,946.72 (Tuesday 28th July) and holding steady since then, at NZ$2,946.29/oz today (Friday 31st July). The economic impact of Covid19 combined with tensions between the United States and China are understood to be behind the high prices. 

Minex workshop mid August

MinEx will be holding a health and safety training workshop in Greymouth on Tuesday the 11th of August. The workshop will focus on operating and safety systems and leadership and legislation. For more information, and to register online, visit the link here.

Federation mining edges closer to starting Waiuta hardrock project

Federation Mining (formerly Tasman Mining ) is getting nearer starting dates for the Blackwater project to reopen the the Birthday Reef ore body. When it was last operational, the ore body had produced 730,000 oz of gold from the historic gold mine that once stood at Waiuta. The Snowy River Mine will drive twin 3.3km tunnels from the Snowy Valley, with plans to meet the ore body where the old timers left it back in 1951. Located approximately 25 km from Reefton, the site will have a small surface infrastructure footprint and will employ a local workforce with support from specialist contractors, with production targets of 60,000 oz/year once operational. Works are expected to start by September this year. 

National Minerals Forum back online and in person

The New Zealand Minerals Forum, organised by Freeman Media, Straterra, and AusIMM, is back online and in person, to be held in Hamilton on the 13th and 14th of October. ​The New Zealand Minerals Forum in partnership with AusIMM is a two-day conference and exhibition covering mining in New Zealand. It is designed to showcase the New Zealand mining sector to stakeholders and prospective investors, and to educate and inform the New Zealand mining community. It attracts high-level attendance from mining companies, government regulators and agencies, the investment community and service companies. After disruptions due to lock down earlier this year, the event is back. For more information and to purchase tickets, visit the forum website by clicking here.