Mining and Labour trying to fuck it

[Ender EnZed]

So, 7000 hectares @ $10 = $70000. Doesn't include the costs of extra infrastructure (roads etc) they'd need/want outside the 7000 hectares.
And 1% of the value . Previous reference suggests maybe $5 million. Less those "concessionary" tax breaks.
I'm underwhelmed. If there are other tangible benefits, no-ones disclosing them.
The lignite to fuel idea the Churchillian gentleman mentioned seems much less objectionable. Less downside, and it's a NZ company so we keep all the value.

There's also the unknown impact on our tourism industry.
http://www.stuff.co.nz/business/3499...-takes-bashing
http://www.economist.com/world/inter...ry_id=15763381

...where's the research? Why are we not looking into this?

Probably because perpetual motion machines only work on gullible and sensationalist news reporters.

[Swoop]

There's also the unknown impact on our tourism industry.

Yeah! Bugger going to Australia. They have mines over there!
The sensationalist greenie lunatic-fringe will hype this up, thinking it will help their cause, when really the average tourist wouldn't have a bloody clue about the existing amount of mining conducted here.

[Ender EnZed]

the average tourist wouldn't have a bloody clue about the existing amount of mining conducted here.

No, but they might hear about new operations on previously reserved land.

[mashman]

Probably because perpetual motion machines only work on gullible and sensationalist news reporters.

Never mentioned perpetual motion... was just offering one potential solution for actually using the polution in the pool... but it seems that logical suggestions scare people away... maybe because if it could be done, we would have expected the industry to have implemented by now... but why would they... they have versions and upgrades of things to sell first... just a perspective

[rainman]

But there are solutions to the "poisonous swimming pool"... water powered cars for instance.

http://www.youtube.com/watch?v=CrxfMz2eDME

I believe, from what I have seen on the net (can't find it at the moment), that any water engine (could be anything really) could burn that "dirty" water and as it condenses produces clean water as it's byproduct... where's the research? Why are we not looking into this?

Um, because it's a scam?

Think through the chemistry. How could this actually work?

[rainman]

On the mining issue: there are some unaccounted-for economic risks, notably that the rest oif the world will stop believing our bullshit.

http://www.economist.com/world/inter...ry_id=15763381

[SPman]

I'd be opposed to it too which leads me to wonder whether we're missing something.

Perhaps.......

http://www.thestandard.org.nz/keys-m...-crosbytextor/

[Winston001]

Possibly. But according to today's Harold what we get out of it is "
So, 7000 hectares @ $10 = $70000. Doesn't include the costs of extra infrastructure (roads etc) they'd need/want outside the 7000 hectares.
And 1% of the value . Previous reference suggests maybe $5 million. Less those "concessionary" tax breaks.
I'm underwhelmed. If there are other tangible benefits, no-ones disclosing them.

Mmmm....the benefits of mining are not in the royalties and I don't think any government has ever claimed otherwise. What mining provides is direct employment coupled with downstream industries such as engineering, construction, road building, electricity reticulation, housing, shops etc etc. This in turn provides the economy with extra GST and tax revenue which makes us all better off.

As for corporates - if any of you are familiar with investment markets you'll know that mining companies are high risk. You do not buy mining shares if you want to keep your money safe. A few win - spectacularly - most fail. I should know, I've made the mistake on the Oz mining market.

As I've said earlier, simply look across the Tasman for the proof. Most Australians never go near a mine yet their economy has boomed for 30 years compared with NZ. It really is the lucky country.

I'm also not sure why we get excited by potential keyhole-surgery type mining on the conservation estate when there is plenty of existing mining on other parts of NZ land. Aren't our hills and pastures valuable parts of our environment too?

[Ixion]

Mmmm....the benefits of mining are not in the royalties and I don't think any government has ever claimed otherwise. What mining provides is direct employment coupled with downstream industries such as engineering, construction, road building, electricity reticulation, housing, shops etc etc. This in turn provides the economy with extra GST and tax revenue which makes us all better off.

As for corporates - if any of you are familiar with investment markets you'll know that mining companies are high risk. You do not buy mining shares if you want to keep your money safe. A few win - spectacularly - most fail. I should know, I've made the mistake on the Oz mining market.

Well, the same might be said of whore houses. And it is us taxpayers who pay for the cost of the construction, road building, electricity reticulation, housing, shops. So I don't see how that counts as a benefit for the mining companies. I reckon BHP would be a pretty safe investment, long term.

[AllanB]

Personally I think the Dairy industry is doing more harm to NZ's 'green image than a few piddly little highly regulated mines will ever do.

And Labour have allowed mining in NZ during their last reign.

[JimO]

No, but they might hear about new operations on previously reserved land.

AND they wont give a FUCK

[Swoop]

And Labour have allowed mining in NZ during their last reign.

However, according to the "untelligensia" around here, that was caused by National.

[Skyryder]

http://www.economist.com/world/inter...ry_id=15763381


Skyryder

[MisterD]

http://www.economist.com/world/inter...ry_id=15763381

Oh noes, the Economist! As soon as the Grauniad has a go, I'll know the gummint's on the right track...

[98tls]

Why hello, take a look around you, what you have claimed would happen because of mining, is exactly what has happened by "dairy expansion" and "wine expansion"!

Mining will be much more stringently controlled because of the hysteria, while the wine and dairy juggernaut rolls merrily unchecked on their destructive way!

Either way, I want to carry on enjoying the lifestyle I have enjoyed for the past 70 years and hope for the same for my grand children too, it didn't come easy, there may be some sacrifices required but you still have to move forward.

I hear that John,amazed theres a thread about mining but cant ever recall seeing one about the fucking dairy farmers (xcuse the language but they really do fuck me off) and what there doing. I am certainly no greenie but down here in Waitaki the continual sucking our rivers dry and replacing the water with shit is well past a joke.Went for a wander with the dog out at Gemmels crossing awhile back,bugger all water and what there was i wouldnt drink,down stream a bit i came across yet another irrigation system being fed directly from the river.Local residents lose the use of a beautiful river to ensure another dairy farmer gets his payout,had to chuckle at Fonterras disappointment over 3 hundred millon less than they expected but still able to offer the same payout to the farmer,anyone pissed off about the price of cheese.