Artwork
iconShare
 
Manage episode 492056261 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Australian mining firm Santana Minerals has forecasted making $3.8 billion (NZD) in pre-tax profit off a proposed gold mine it hopes to open in Otago by 2027.

The company believes it could get 1.25 million ounces of gold from the mine near Cromwell - and the profit is predicted to be significant if gold prices keep holding up.

Santana Minerals CEO Damian Spring says this mine will come with dividends for New Zealand, in terms of royalties and jobs and services.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

9843 episodes