close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
1 mins to read

West Coast gold mine repays PGF loan

Federation Mining seeking capital for next phase of development at Snowy River mine near Reefton.

The mine is forecast to produce 70,000 ounces of gold a year for 10 years.

NBR Staff Fri, 08 Dec 2023

An Australian company working to revive a West Coast gold mine has repaid its $15 million Provincial Growth Fund loan in full, with interest, says Regional Development Minister Shane Jones.

The money was loaned to Tasman Mining, a subsidiary of Federation Mining, to fund works on the Snowy River

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
NBR Staff Fri, 08 Dec 2023
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
West Coast gold mine repays PGF loan
General Business,
102051
true