1 00:00:00,080 --> 00:00:02,760 Speaker 1: Stand by a mine. Mine the gold rush, the old 2 00:00:02,759 --> 00:00:05,000 Speaker 1: gold rush could be on the West Coast. Prices continuing 3 00:00:05,000 --> 00:00:07,840 Speaker 1: to rise. It's over fivey one hundred ounce this morning. 4 00:00:08,119 --> 00:00:10,079 Speaker 1: Local councils expecting a pick up in the number of 5 00:00:10,119 --> 00:00:12,719 Speaker 1: people who want to get into the mining business. Development 6 00:00:12,760 --> 00:00:15,160 Speaker 1: and West Coast Chief Executive Heath Milner's with us. Heath 7 00:00:15,200 --> 00:00:19,560 Speaker 1: Morning Morning, Mike. I read a story yesterday whining about 8 00:00:19,600 --> 00:00:22,079 Speaker 1: the paperwork. Is it honestly, if people are coming to 9 00:00:22,079 --> 00:00:24,640 Speaker 1: the West Coast to open a business, is the paperwork 10 00:00:24,680 --> 00:00:26,520 Speaker 1: really a problem? Or are you open for business and 11 00:00:26,560 --> 00:00:27,240 Speaker 1: say let's go. 12 00:00:28,840 --> 00:00:33,760 Speaker 2: The West Coast has got great support for businesses coming here, 13 00:00:34,200 --> 00:00:37,040 Speaker 2: and that's not just I'm not talking about local government, 14 00:00:37,080 --> 00:00:39,199 Speaker 2: but national government as well. You know, we've got a 15 00:00:40,080 --> 00:00:42,600 Speaker 2: really open for door, a business sign on the door, 16 00:00:42,640 --> 00:00:45,839 Speaker 2: and we're just looking for investors and people to take 17 00:00:45,840 --> 00:00:46,760 Speaker 2: advantage of it. 18 00:00:46,800 --> 00:00:49,000 Speaker 1: Is it real? I mean, just because goal's at fifty 19 00:00:49,040 --> 00:00:50,720 Speaker 1: one hundred, do you open a mine? 20 00:00:52,320 --> 00:00:56,040 Speaker 2: Yeah? Well absolutely, it's real. So if you take probably 21 00:00:56,040 --> 00:00:59,320 Speaker 2: the highest profile mine at the moment that's underway or 22 00:00:59,320 --> 00:01:01,840 Speaker 2: just getting under one, is Federation mine. Now? I think 23 00:01:01,960 --> 00:01:04,640 Speaker 2: last time you're and Iceboake there was about two and 24 00:01:04,680 --> 00:01:07,080 Speaker 2: a half billion dollars worth of gold in that mine 25 00:01:07,080 --> 00:01:08,880 Speaker 2: that they know is there. Now it's three point six 26 00:01:09,200 --> 00:01:13,400 Speaker 2: so you know it's it's big money and they're pretty 27 00:01:13,480 --> 00:01:15,520 Speaker 2: much ready to go. They've just need a little a 28 00:01:15,560 --> 00:01:18,960 Speaker 2: little bit more capital. So any New zeal And investors 29 00:01:18,959 --> 00:01:22,039 Speaker 2: that are looking to get a share of that now 30 00:01:22,160 --> 00:01:24,600 Speaker 2: is the time. And in fact, the Development Trust here 31 00:01:24,880 --> 00:01:28,520 Speaker 2: we've actually just put three millions into that project because 32 00:01:28,560 --> 00:01:30,640 Speaker 2: we can see the benefits coming back to the coast. 33 00:01:30,959 --> 00:01:33,399 Speaker 1: Is the has the tide turned the Shane Jones we 34 00:01:33,520 --> 00:01:35,920 Speaker 1: actually need to mine forget the greense and the snails 35 00:01:35,920 --> 00:01:39,560 Speaker 1: for a while. Is that tide turned or not? Well? 36 00:01:39,600 --> 00:01:42,040 Speaker 2: I think it has for investors at the end of 37 00:01:42,040 --> 00:01:46,120 Speaker 2: the day, the miners have to follow the regulations anyway, 38 00:01:46,240 --> 00:01:48,320 Speaker 2: and as much as you know Shane Jones is a 39 00:01:48,960 --> 00:01:51,720 Speaker 2: bit of a poster child for mining, you know that's 40 00:01:51,800 --> 00:01:54,240 Speaker 2: that's turning investors on. The miners are still doing exactly 41 00:01:54,280 --> 00:01:56,400 Speaker 2: the same job. You know, they have to have to 42 00:01:56,440 --> 00:01:57,680 Speaker 2: do it in the right way to have to get 43 00:01:57,720 --> 00:02:01,160 Speaker 2: their consents. I'm sure we can some doors, but you know, 44 00:02:01,240 --> 00:02:03,960 Speaker 2: the miners that conscious that they have to do their 45 00:02:04,080 --> 00:02:08,200 Speaker 2: job right or they'll lose the lose the public's, public's trust, 46 00:02:08,280 --> 00:02:09,760 Speaker 2: and they won't be able to continue to operate. 47 00:02:09,919 --> 00:02:12,680 Speaker 1: You well, that Heath appreciated. There's always Heath milon development. 48 00:02:12,680 --> 00:02:15,040 Speaker 1: West Coast Tube executive just I should point out the 49 00:02:15,080 --> 00:02:17,600 Speaker 1: story I read was on Radio New Zealand. You sit 50 00:02:17,680 --> 00:02:20,799 Speaker 1: around in the newsroom near the Can we think of 51 00:02:20,840 --> 00:02:24,120 Speaker 1: anything negative about that? Oh, you're the paperwork. If there's 52 00:02:24,160 --> 00:02:26,239 Speaker 1: a gold rush on the paperwork's going to be a 53 00:02:26,360 --> 00:02:27,680 Speaker 1: NightWare nightmare. 54 00:02:28,080 --> 00:02:30,960 Speaker 2: For more from the Mic Asking Breakfast, listen live to 55 00:02:31,080 --> 00:02:31,640 Speaker 2: news talks. 56 00:02:31,639 --> 00:02:34,840 Speaker 1: It'd be from six am weekdays, or follow the podcast 57 00:02:34,880 --> 00:02:35,760 Speaker 1: on iHeartRadio.