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New Kermadec mineral reservation

A new mineral reservation over the Kermadec Arc has been declared for 18 months replacing a reservation that expires on 4 July 2024.

Proposed Minerals strategy to 2040

The Government is proposing a draft Minerals Strategy to enable a long-term, strategic approach to how we develop our mineral resources (other than petroleum).

New royalty rates

Royalty rates for minerals listed in Schedule 2 of the Crown Minerals (Royalties for Minerals Other than Petroleum) Regulations 2013 have been updated.

Focus on resolving outstanding minerals permit applications

New Zealand Petroleum and Minerals is working to resolve almost 150 outstanding minerals permit applications by the end of the financial year, enabling valuable mining activity and signalling to the sector that New Zealand is open for business.