New Zealand Considers Oceana Projects for Fast-track

The New Zealand Government recently released the names of 149 projects that will be eligible to apply for approvals through processes under the proposed Fast-track Approvals Act. Included in the list was the Waihi North Project, which includes the highly prospective Wharekirauponga (WKP) proposed underground mine, as well as the Macraes Phase 4 Project, a mine extension permit.

“I am delighted to see both of our projects on the list for consideration under the new Fast-track Approvals Bill,” said Gerard Bond, president and CEO of OceanaGold. “We welcome a clear and timely regulatory process in New Zealand that supports the development of projects that can provide economic benefits while respecting important environmental, cultural and social protections.”

Expediting the permitting of the projects will preserve the jobs of Oceana- Gold’s 1,000 employees in New Zealand, provide new jobs and deliver wider economic benefits for the local communities and the country, Bond explained.

The Fast-track Approvals Bill is expected to be passed into law later this year, allowing listed projects to apply directly to a government-appointed expert panel for final decision.

As featured in Womp 2024 Vol 11 - www.womp-int.com