S.A. gold interest
PA Wellington Representatives of the South African-based AngloAmerican conglomerate, which is involved in mineral exploration on the West Coast through its Gold Mines of New Zealand, Ltd, subsidiary, have been investigating further opportunities within New Zealand.
A group which included an Anglo-American solicitor
from Johannesburg, Mr D. Titlestad, and two executives said to be connected with the mining side of the conglomerate’s activities, Messrs N. Keyes and A. B. McKerron, this week called on the Minister of Energy, Mr Birch, and the president of Federated Farmers, Mr Rob Storey.
They were accompanied by Anglo-American’s Australian manager, Mr Bob Appleyard, and the director of Brierley Investments, Mr John Lawrey, who is also a director of Gold Mines, in which Anglo-American has a 94 per cent holding.
On Thursday, the group visited the West Coast,
where Gold Mines has carried out extensive alluvial gold prospecting in the Inangahua area. Mr Lawrey said yesterday that Gold Mines had an 80 per cent stake in a joint venture with Cue Minerals, Ltd, a wholly-owned subsidiary of Cue Energy Resources NL. Through Cue Minerals there was “a substantial New Zealand involvement” in the work being carried out by Gold Mines. “The West Coast is on the top of our activity list and our work has been done in a way which involves coming to agreement with farming groups on compensation and land restoration,” he said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19830716.2.122.16
Bibliographic details
Press, 16 July 1983, Page 22
Word Count
233S.A. gold interest Press, 16 July 1983, Page 22
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.