Business
Ng?ti Mutunga and Chatham Rock Phosphate sign agreement
Ngāti Mutunga and Chatham Rock Phosphate sign agreement Canada NewsWire W...
About this update from Chatham Rock Phosphate Limited
[{"type":"text","content":"\n\n\n\nNgāti Mutunga and Chatham Rock Phosphate sign agreement\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nWELLINGTON, New Zealand, April 16, 2019\n\n\n\nWELLINGTON, New Zealand, April 16, 2019 /CNW/ - Chatham Rock Phosphate Limited (TSXV: \"NZP\" and NZAX: \"CRP\" or the \"Company\") advises with great pleasure that today we executed an Information Sharing and Collaboration agreement with Ngāti Mutunga O Wharekauri AHC (Ngāti Mutunga).\nCRP holds a mining permit to extract rock phosphate from an offshore area located on the Chatham Rise (the Project). In order to pursue the Project CRP needs to obtain a marine consent under the Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act 2012 (Marine Consent).\nNgāti Mutunga is a wholly owned subsidiary of Ngāti Mutunga o Wharekauri Iwi Trust, based on the Chatham Islands and has a significant interest in protecting the Chatham Islands marine environment and securing the economic, social and cultural well-being of the Chathams community. \nFollowing discussions between the Parties they now wish to formally collaborate on the Project with a view to:\nDeveloping a CRP Marine Consent application that meets the environmental, economic, social and cultural objectives of both Parties individually and together;In the event that the content of such an application is mutually agreed, to formally support the lodging of the CRP Marine Consent application for approval;In the event that the CRP Marine Consent application is successful, ensuring that all operations implemented under that consent are carried out in in a manner that best mitigates environmental effects and respects indigenous rights, beliefs and customs to protect the interests of the Chatham Islands community; andEnsuring that the Chatham Islands community realises tangible benefits from the Project.The first objective of the Parties is to arrange close engagement with the Chathams community to ensure that the Project proceeds in a form that satisfactorily addresses both the reasonable concerns an...