Search results for: Chris Castle

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  • 12 December 2014
    Business & Finance, Equipment, Technology

    A decision on Chatham Rock Phosphate’s marine consent application is expected to be announced on or before 30 January 2015. The Decision-making Committee hearing CRP’s application today officially closed the hearing. Once closed the DMC has 20 working days to consider its decision which would mean the decision would be given on or before 30 […]

  • 11 February 2015
    Business & Finance

    The Environmental Protection Authority (EPA) has refused an application by Chatham Rock Phosphate Limited (CRP) for a marine consent to mine phosphorite nodules on the Chatham Rise. The decision was made by a Decision-making Committee (DMC) appointed by the EPA Board and was released this morning. This is a seriously negative signal for New Zealand […]

  • 11 August 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate will target an AIM listing on the London alternative stock exchange following receipt of its Marine Consent approval, currently expected at the end of November. The company has been investigating a capital raising and listing over the past few months. “The directors have decided it is preferable, in terms of restricting dilution […]

  • 18 February 2015
    Business & Finance

    Chatham Rock Phosphate is considering reapplying for a marine consent to mine phosphate nodules on the Chatham Rise seabed, managing director Chris Castle said today. “We have decided an appeal is a pointless exercise. Assuming we win on points of law, we would still need to go back before the same decision-making committee (DMC) who […]

  • 9 January 2019
    Business & Finance

    New Zealand’s Chatham Rock Phosphate said in their latest release that they are joining the World Ocean Council (WOC), the international business leadership alliance for “Corporate Ocean Responsibility”. According to the announcement, Chatham Rock Phosphate aims to be the premier supplier of direct application phosphate to the global agricultural sector, in support of sustainable farming […]

  • 30 December 2013
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate has appointed London corporate finance advisers Wimmer Financial to manage an international capital raising over coming weeks. The financing, by private placement, is likely to be determined by a book build process managed in conjunction with Wimmer Financial. The offering, for qualified investors, is likely to be the final capital raising required […]

  • 31 March 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate today submitted a draft Marine Consent application to the Environmental Protection Authority – the culmination of four years’ work and more than $25 million in investment. The Marine Consent is the only major licence CRP now needs, having gained a mining permit for its phosphate extraction project in December. The EPA, New […]

  • 22 August 2012
    Business & Finance

    Independent research on Chatham Rock Phosphate (CRP) prepared by Edison Investment Research says the most significant risks relating to the project are easing. “CRP is moving closer to demonstrating a commercially and technically viable undersea mining project, risks still remain but the most significant are easing.” “Doubts over the technical viability of undersea seabed mining […]

  • 1 September 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate has achieved another major milestone by completing and filing evidence from 31 expert witnesses and answers to 62 queries from the Environmental Protection Authority. CRP has applied for a marine consent to mine rock phosphate from an area of the seabed on the Chatham Rise, in the Pacific Ocean 450 km from […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 29 May 2014
    Business & Finance, Equipment, Technology

    The Environmental Protection Authority yesterday accepted Chatham Rock Phosphate’s formal Marine Consent application as being complete. CRP lodged its application for a marine consent to mine phosphate nodules from the Chatham Rise on 14 May. This acceptance step begins a six-month process, starting with the EPA publicly notifying the application and appointing a decision-making committee […]

  • 26 February 2014
    Business & Finance, Equipment, Technology

    The Chatham Rock Phosphate Managing Director Chris Castle recently made a repeat visit to London to meet UK based potential investors. The visit proved to be successful. Meetings were held with a number of investment groups that identified with the project and who indicated their interest in investing by means of private placement, subject to […]

  • 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 […]

  • 25 February 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate will be an exhibitor for the first time at the Prospectors and Developers Association of Canada convention, the world’s largest minerals investment and trade show being held in Toronto, Canada, next week. “It is THE place where the mining industry talks turkey and does business,” CRP Managing Director Chris Castle said. He […]

  • 10 December 2014
    Business & Finance

    Chatham Rock Phosphate (CRP) will receive a Callaghan Innovation Research and Development (R&D) Growth Grant. Callaghan provides R&D Growth Grants to increase R&D investment in businesses.  These on-demand, three-year grants provide 20 per cent public co-funding for qualifying firms’ eligible R&D expenditure, capped at $5m per annum. After two years of funding, businesses can be […]

  • 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 […]

  • 5 November 2012
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate today congratulated Namibian Marine Phosphate on news it has received a mining licence from that country’s Ministry of Trade and Industry. “It’s an exciting global milestone for the industry,” CRP chief executive Chris Castle said. “We hope to be in a similar position within a few months.” NMP is now waiting to […]

  • 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 […]

  • 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 […]

  • 24 October 2014
    Business & Finance

    The second staff report, released by the Environmental Protection Authority yesterday, contains no conclusions or recommendations reported Chatham Rock Phosphate. “At our request the decision-making committee (DMC) agreed and directed that the staff report should contain no recommendations or conclusions,” managing director Chris Castle said. “Following its release we still think the supplementary report has […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]