NZ Herald editorial on the benefits of a NIWA study on the effects of seabed mining
The news that Niwa scientists are going to make a proper investigation of the environmental impact of seabed mining will be welcomed by both sides of this debate. New Zealand sits atop a large continental shelf stretching to the limits of its exclusive economic zone and apart from drilling for oil and gas we have barely scratched the surface of its potential mineral resources....
NZ Herald reports on a MBIE funded study on the effects of seabed mining to be conducted by NIWA.
Kiwi scientists investigating the impacts of controversial seabed mining are about to simulate the effects themselves, in one of the most challenging underwater experiments Niwa has ever attempted.
Only two seabed ventures have ever been developed in New Zealand and both have been met with staunch opposition.
That was amid concern the operations would disturb sea life at their operation sites - and more widely through drifting plumes of sediment and other environmental effects.
In an MBIE-funded effort to learn more about the impacts, scientists will deploy at least nine high-tech instruments on the seabed on the Chatham Rise - the area off the Canterbury coast where one company has plans to mine phosphate....
CRP CEO Chris Castle was recently interviewed by Wim Sanders of SmallCAPS US. Please note that the SmallCAPS website requires a Flash capable browser to play the interview.
In addition, SmallCAPS US has published a dedicated company page on CRP that includes a brief intro, an overview of our latest Press Releases and all our updates.
Chatham Rock Phosphate Limited (TSXV: NZP, NZAX: CRP): The Premier Supplier of Direct Application Phosphate to the New Zealand and Global Agricultural Sector, Interview with Chris Castle, President, CEO and founder
By Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US
Chatham Rock Phosphate Limited (TSXV: NZP, NZAX: CRP) aims to be the premier supplier of direct application phosphate to the New Zealand and global agricultural sector. Chatham Rock Phosphate is the custodian of New Zealand’s only material resource of ultra-low cadmium, environmentally friendly pastoral phosphate fertilizer. Chatham Rock Phosphate Ltd holds a mining permit over an area off the coast of New Zealand, with significant seabed deposits of rock phosphate and other potentially valuable minerals. We learned from Chris Castle, President, CEO and founder of Chatham Rock Phosphate, that their deposit is offshore about 450 KM to the west of New Zealand, 400 Meters under the water. The resource is 35,000,000 tons, of which 23,000,000 are 43-101 compliant, which makes for a 15-20 year mine life. Chatham Rock Phosphate anticipates significant return on investment. According to Mr. Castle, their New Zealand project has quite a number of environmental benefits, including lesser carbon emissions, better water quality, and low levels of cadmium.