Search results for: Chatham Rock Phosphate

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  • 3 June 2011

      Chatham Rock Phosphate Limited (CRP) has selected one of the worlds largest integrated dredging companies, Royal Boskalis Westminster (Boskalis) to undertake the detailed design of their rock phosphate nodule project at the Chatham Rise, subsequent to a complete review of scoping studies delivered by four of the world’s largest dredging companies ( Boskalis, IHC […]

  • 9 October 2012
    Business & Finance

    Chatham Rock Phosphate’s shares today reached a new high price of 46c, double that of two weeks ago, on the back of several key milestones. The company’s market capitalisation at that price is nearly $59 million, compared with $22 million before the issue of about 30 million shares on 24 September to Royal Boskalis and […]

  • 16 June 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate Limited (CRP) said that the Environmental Protection Authority (EPA) has now publicly notified CRP’s marine consent application to mine phosphate nodules from the Chatham Rise in New Zealand’s Exclusive Economic Zone. The public notification in major daily newspapers means the submission period on CRP’s application has now opened and will conclude on […]

  • 15 May 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate yesterday submitted its formal marine consent application to the Environmental Protection Authority. Should it be accepted as complete, the six-month formal process is expected to lead to a decision in November. The application, representing four years’ work and $25 million in investment, is the second seabed mining proposal under the Exclusive Economic […]

  • 11 June 2014
    Business & Finance, Equipment, Technology

    Following recent meetings between Chatham Rock Phosphate and Boskalis, the two parties have agreed a variation to the services agreement that the parties entered into July 2012. Under the agreement, Boskalis will assist CRP with the marine consent application; including providing technical advice and making available personnel with relevant technical expertise to attend the anticipated […]

  • 9 December 2013
    Business & Finance, Equipment, Technology

    New Zealand Petroleum and Minerals announced that CRP has been granted a mining permit in respect of its phosphate project on the Chatham Rise. The permit is the first granted under the amended Crown Minerals Act which came into force on 25 May this year. The approval of a Mining Permit for Chatham Rock Phosphate […]

  • 3 September 2013
    Business & Finance

    Chatham Rock Phosphate today refuted the misinformation media campaign being run by the Deep Water Group and questioned fish trawling’s environmental record. In media articles George Clement of the Deep Water Group has described Chatham’s proposal to extract rock phosphate as a potential environmental “catastrophe”. “Such descriptions could be applied to fishing, when you think […]

  • 12 April 2013
    Business & Finance

    Chatham Rock Phosphate’s two new international directors are visiting Wellington this week to meet a range of people from organisations involved in the company’s subsea mining project. Royal Boskalis representative Ko de Blaeij and marine mining expert Robert Goodden will be meeting key members of and advisers to the Chatham management team, plus government officials […]

  • 4 March 2013
    Business & Finance

    2013 is shaping up as a watershed year for Chatham Rock Phosphate, Edison Investment Research says in its latest update. “CRP is moving closer to demonstrating a commercially and technically viable undersea mining project,“Edison says. “Risks still remain but the most significant are easing,” according to analyst John Kidd in a fresh assessment released last […]

  • 9 July 2012
    Business & Finance

      Royal Boskalis Westminster N.V. (Boskalis) is now working on the next stage of Chatham Rock Phosphate’s undersea project, following successful meetings in the Netherlands. Representatives from the two companies have just concluded a number of meetings in Papendrecht, the Netherlands with Boskalis making it clear it wishes to proceed to the next stage of […]

  • 13 February 2013
    Business & Finance

    The $1 million support for Chatham Rock Phosphate’s share purchase plan reflects three years of strong progress, Chief Executive Chris Castle said. The company announced today it is on track to raise $1 million in new capital from its shareholder share purchase plan. The plan closes today at 5pm and allotment of shares is intended […]

  • 5 August 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate has announced that it has advised the Environmental Protection Authority that it will remove the eastern end of application area covered by prospecting permit 55967, comprising 4,985 km2 and representing about half the total, so the area for which marine consent is being applied now totals 5,207 km2. “Reducing the size of […]

  • 13 November 2014
    Business & Finance, Project & Tenders

    Chatham Rock Phosphate Limited (CRP) has provided an updated set of draft conditions to the Environmental Protection Authority Marine Consent hearing to comprehensively address the issues discussed by experts and raised by submiters. The conditions cover mining operations, the mine plan and environmental management – including of marine mammals and seabirds.  The conditions include extensive […]

  • 17 January 2014
    Business & Finance, Equipment, Technology

    On 6 December Chatham Rock Phosphate (CRP) was granted a mining permit by New Zealand authorities. This resolved a major area of uncertainty and does much to put CRP back on track. However, timings have suffered, which has weighed on CRP’s funding position and investor sentiment. CRP is now seeking NZ$6m of new capital to […]

  • 19 April 2013
    Business & Finance

    Undersea mining developer Chatham Rock Phosphate expects to be the first minerals company to have an environmental consent application considered under the Exclusive Economic Zone legislation. Chief executive Chris Castle said today he is delighted the start date for the EEZ Act had been confirmed as June, several months earlier than expected. “We’re in the […]

  • 31 May 2013
    Business & Finance

    Chatham Rock Phosphate Ltd today announced a loss of $1.4 million, reflecting the heighted activity of the company as it works towards gaining a mining licence and marine consent. The result compares with a loss of $741,000 in the comparative period last year. CRP is developing a seabed rock phosphate resource on the Chatham Rise, […]

  • 13 November 2012
    Business & Finance

    Highly sophisticated computer models of the turbidity from material disturbed during extraction of rock phosphate nodules by Chatham Rock Phosphate have shown encouraging results. The modelling work is being undertaken by Dutch applied research organisation Deltares using complex modelling techniques developed at their Delft headquarters. Deltares was asked to look at the dispersion behaviour of […]

  • 2 October 2014
    Business & Finance, Equipment, Technology

    Royal Boskalis, one of the world’s biggest dredging companies, defended its track record in making the case for a proposed phosphate mining project on the Chatham Rise, and is confident the measures it would take to protect the environment would aid recolonization of the area by marine life. The Rotterdam, Netherlands-based company is the proposed […]

  • 25 September 2012
    Business & Finance

    Chatham Rock Phosphate Limited advises that all resolutions before the Special Meeting today have been passed and it has issued new ordinary shares to Subsea Investments II, LLC (Subsea), Boskalis Offshore B.V. (Boskalis), and the Directors of CRP in lieu of directors’ fees. Issue of shares to Subsea CRP has today issued 16,867,592 shares to […]

  • 19 August 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate today welcomed a clarification issued by the Environmental Protection Authority regarding its staff report issued yesterday. The EPA in its announcement said the process for considering the application was still at an early stage. “Further information on the application and its effects is to come from both the applicant, and in the […]

  • 30 July 2012
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) will take a 20 percent shareholding in Chatham Rock Phosphate and assume a seat on the board, in a world-first for the undersea mining industry. It is the first time a major dredging company has taken a substantial equity position in an undersea mining project. Boskalis has been issued shares […]

  • 30 April 2013
    Business & Finance

    Chatham Rock Phosphate today submitted a draft Environmental Impact Assessment to the Environmental Protection Authority. The EPA is a national-level independent environmental regulation, which has the ability to grant or decline marine consent applications. “This is a major milestone and the culmination of three years’ work,” Chief Executive Chris Castle said. The draft is being […]

  • 12 March 2013
    Business & Finance

    Chatham Rock Phosphate is moving rapidly towards its target of production in 2015, Chief Executive Chris Castle told a New Zealand Government-hosted function at the Prospectors and Developers Association of Canada conference in Toronto. PDAC is the pre-eminent annual event for the international mining community. CRP holds a prospecting licence over 4726 sq km of […]

  • 24 January 2011

    Widespread Energy Ltd said Belgian dredging company Jan de Nul will undertake a mining concept study of the Chatham Rise rock phosphate … (nbr) [mappress] Source: nbr, January 24, 2011

  • 25 August 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate today announced it would be formally seeking the withdrawal of the Environmental Protection Authority’s staff report issued last week because of extremely worrying evidence which suggests the potential for bias. CRP last week criticised both the content and timing of the EPA staff report on CRP’s Marine Consent application. Now a new […]

  • 19 December 2012
    Business & Finance

    CRP has announced that it has agreed with Boskalis to proceed to phase two of its services contract. This phase involves the final detailed design of a system for extracting rock phosphate nodules. This phase is a commitment that is estimated to cost around €4 million and is scheduled to be completed by 30 June […]