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  • Bid to mine ironsands off NZ seabed fails

    Bid to mine ironsands off NZ seabed fails

    Investment in resource extraction from New Zealand’s vast exclusive economic zone has taken a major knock, with a decision-making committee of the Environmental Protection Authority rejecting an application to mine ironsands from the seabed off the Taranaki coast.

     
  • New NZ areas opened up for oil exploration

    New NZ areas opened up for oil exploration

    The New Zealand government has almost doubled the area available for oil and gas exploration, opening up onshore and offshore zones about one-and-a-half times the size of the country for prospecting.