Exploration in the minerals sector should get a much needed
boost from the collation of government funded geological
data, just as was done for the oil and gas sector, Energy and
Resources Minister Simon Bridges says.
New Zealand's largest gold producer and arguably one of the
smallest commercial operators in the country have both
notched up milestones this week, despite the withering global
gold price pushing some competitors to the wall.
No punches were
pulled in the opening sessions of New Zealand's annual mining
conference, with speakers highlighting the commodity price
plunge, the dire lack of equity funding and the growing
indifference of investors to the lurching mining sector.