Articles tagged with Mining
New Petroleum Mining Permit Boosts NZ Gas Supply and Oil Exports
1 week ago | 200 viewsNew Zealand has granted a 10-year petroleum mining permit to Matahio NZ Onshore Limited for the Puka field in Taranaki, expected to increase domestic natural gas supply and generate export revenue from oil production. The permit highlights growing momentum in the petroleum sector, with estimated recoverable reserves supporting energy security amid declining gas supplies. Resources Minister Shane Jones emphasizes the importance of a diverse energy system combining responsible resource development, renewable energy, and emerging technologies to ensure affordable and reliable energy.
Tags: Shane Jones Matahio NZ Onshore Limited New Zealand Petroleum and Minerals Puka field Oru prospect Taranaki petroleum mining permit natural gas oil production energy securityNew Petroleum Mining Permit in Taranaki Boosts NZ Gas and Oil Supply
1 week ago | 223 viewsNew Zealand has granted Matahio NZ Onshore Limited a 10-year petroleum mining permit for the Puka field in Taranaki, expected to add natural gas to the domestic market and generate valuable oil export earnings. The permit highlights growing momentum in the petroleum sector amid declining gas reserves, with gas remaining critical for electricity generation and industrial use alongside renewable energy. Resources Minister Shane Jones emphasizes that responsible resource development, combined with investment in renewables and emerging technologies, is essential for a resilient, affordable, and secure energy system.
Tags: Shane Jones Matahio NZ Onshore Limited New Zealand Petroleum and Minerals Puka field Oru prospect Taranaki petroleum mining permit natural gas oil production energy securityIndependent Review Finds New Zealand's Minerals Royalty Regime Transparent and Competitive
2 weeks ago | 195 viewsAn independent Deloitte review found New Zealand's minerals royalty regime transparent and comparable to similar countries, with most royalty revenue derived from legacy permits predating the 2013 framework. The report highlights the trade-offs between Crown returns, investment certainty, and sector stability, emphasizing the importance of fair returns amid emerging critical minerals opportunities. Policy work will continue with further advice in 2027, while decisions on changes will be made in the next government term.
Tags: Shane Jones New Zealand Deloitte New Zealand Ministry of Business Innovation & Employment minerals royalty regime Crown mining royalties mineral development critical minerals government policyRecord Mineral Permit Applications Boost New Zealand’s Gold Mining and Exploration in 2025
6 months ago | 991 viewsNew Zealand’s mineral exploration and mining sector is experiencing strong growth, with record permit applications and approvals in 2025, particularly for gold projects concentrated in the South Island’s West Coast. The diverse mix of prospecting, exploration, and mining permits, along with the conversion of small-scale permits to a more suitable regulatory class, indicates healthy progression and increased confidence in the sector. This momentum, driven by multiple mid-sized projects and active permit management, supports regional economic growth, job creation, and New Zealand’s broader resource development strategy.
Tags: New Zealand Shane Jones mining exploration mineral permits gold West Coast New Zealand Petroleum and Minerals regional economic growth mining projectsAuckland's Kings Quarry Expansion Approved for Long-Term Fast-Track Growth
8 months ago | 1174 viewsKings Quarry Limited has received Fast-track approval to expand its quarry operations in Auckland, allowing extraction of up to 500,000 tonnes per year for up to 100 years. The project aims to supply local aggregate materials for major infrastructure, reducing transport costs, emissions, and heavy traffic while providing long-term regional employment. Fast-track approval streamlines the consent process, avoiding lengthy and costly procedures, and is part of a broader initiative with 25 projects now referred to this expedited process.
Tags: Chris Bishop Shane Jones Kings Quarry Auckland quarrying infrastructure New Zealand mining housingWaihi North Mining Project Approved to Expand Operations Until 2043
8 months ago | 1088 viewsThe Waihi North mining project has received fast-track consent to expand operations until 2043, significantly boosting New Zealand’s economy with an estimated $5.2 billion in silver and gold exports and supporting around 800 jobs. The expedited approval process took 112 working days, compared to the usual five years, and is expected to generate $422 million in Crown revenue for public services. Oceana Gold’s application includes new open pit and underground mines, extending mining beyond the original 2030 expiry and highlighting the Fast-track process’s role in accelerating major infrastructure projects.
Tags: Waihi North Chris Bishop Shane Jones Oceana Gold Waikato New Zealand Hauraki District mining project silver and gold exportsNew Zealand's Gold Mining Boom: Economic Opportunities and Prosperity on the Horizon
9 months ago | 916 viewsNew Zealand's Resources Minister Shane Jones highlights the country's potential gains from the global interest in gold and minerals, emphasizing the economic opportunities presented by a significant gold discovery in Central Otago. The mining permit granted to Matakanui Gold Limited for the Rise and Shine prospect is expected to create jobs, boost local economies, and generate substantial revenues for the government through royalties and taxes. The government's commitment to utilizing mineral resources for regional development, job creation, and economic prosperity is underscored by the fast-track approval process for mining projects like Bendigo-Ophir and the financing of the Snowy River Gold Mine development by Endura Mining.
Tags: Shane Jones New Zealand gold minerals mining permit Matakanui Gold Limited Santana Minerals Central Otago Endura MiningUnlocking Investment and Collaboration in New Zealand's Natural Resources: Minister Shane Jones at International Conferences
10 months ago | 931 viewsResources Minister Shane Jones is prioritizing investment and collaboration in New Zealand's natural resources at upcoming international mining and geothermal conferences. He will address the growing interest in the country's mineral sector and highlight the policy framework supporting its growth. Mr Jones aims to rebuild international investor confidence, promote geothermal energy exploration, and seek global collaboration to maximize New Zealand's geothermal potential.
Tags: Shane Jones New Zealand investment collaboration mining geothermal resources International Mining and Resources Conference supercritical geothermal energy Indigenous Geothermal SymposiumNew Zealand Boosts Energy Resilience with Locally Sourced Coal Supply Deal
11 months ago | 1136 viewsNew Zealand's Resources Minister Shane Jones praises the reintroduction of domestically sourced coal as a backup fuel for electricity generation, citing benefits for energy resilience and the Waikato regional economy. Genesis Energy's agreement with BT Mining to supply 240,000 tonnes of locally sourced coal to the Huntly Power Station diversifies fuel supply and reduces reliance on imported coal due to tightening gas supply. Mr. Jones emphasizes the importance of sourcing coal locally to safeguard against global disruptions, strengthen the fuel supply chain, and provide economic benefits for the Waikato region.
Tags: Shane Jones New Zealand Energy resilience Waikato Genesis Energy Huntly Power Station Coal Electricity generation Resources Minister BT MiningUnlocking New Zealand's Offshore Wind Potential: Government Amendments for Industry Growth
11 months ago | 965 viewsThe Government is amending legislation to support New Zealand's offshore wind potential, aiming to boost economic growth and energy production. The Offshore Renewable Energy Bill is being revised to address concerns from offshore wind developers about coexisting with seabed mining activities. The amendments will create designated marine spaces for offshore wind projects, providing investment certainty while pausing new permits for seabed mining under the Crown Minerals Act.
Tags: Government legislation offshore wind potential Energy Minister Simon Watts economic growth regulatory regime Offshore Renewable Energy Bill seabed mining Cabinet