New Zealand's main coal exporter said yesterday it has lost millions of dollars in profits due to lengthy delays at one of its mines -- thanks to 5,300 rare giant land snails.
State-owned miner Solid Energy said that conservation rules mean it has been forced to mine at a snail's pace, costing the company about NZ$35 million (US$26 million) in the current financial year.
It blamed 19 months of delays in accessing high quality coking coal on the west coast of New Zealand's South Island on the conservation requirement that rare giant Powelliphanta Augustus snails in the area be found, collected and moved to a new habitat before mining could proceed.
Conservationists say the giant land snails in the area are a rare sub-species.
The cost figure includes NZ$25 million in lost profit this financial year because of delayed export coal shipments, and NZ$10 million in costs, chief executive Don Elder said.
It has cost the company more than NZ$6,000 for each of the 5,300 native land snails found and relocated so far, he said, adding that the company was now breaking contract commitments because of delays.
It would lose up to five export shipments, totaling 300,000 tonnes of coal, to China, India, Japan and South Africa before the end of June, he added.
Solid Energy had expected that it would take only a few months to clear the Stockton mining area of the snails. But many more snails had been found than the 500 to 1,000 that conservationists predicted, including some in areas where they had never been found before.
Save Happy Valley Coalition, the group spearheading the campaign to save the snails, said Solid Energy could have saved itself and the snails by mining elsewhere.
"Obviously if they had left that core habitat, or even a portion of that core habitat [undisturbed], they would have protected that species with a guarantee that it survives," spokeswoman Francis Mountier said.
"There's still no science that says this is going to be a successful relocation," she added.
KINGPIN: Marset allegedly laundered the proceeds of his drug enterprise by purchasing and sponsoring professional soccer teams and even put himself in the starting lineups Notorious Latin American narco trafficker Sebastian Marset, who eluded police for years, was handed over to US authorities after his arrest on Friday in Bolivia. Marset, a Uruguayan national who was on the US most-wanted list, was passed to agents of the US Drug Enforcement Administration at Santa Cruz airport in Bolivia, then put on a US airplane, Bolivian state television showed. “The arrest and deportation were carried out pursuant to a court order issued by the US justice system,” Bolivian Minister of Government Marco Antonio Oviedo told reporters. The alleged kingpin was arrested in an upscale neighborhood of Santa
FAKE NEWS? ‘When the government demands the press become a state mouthpiece under the threat of punishment, something has gone very wrong,’ a civic group said The top US broadcast regulator on Saturday threatened media outlets over negative coverage of the Middle East war, after US President Donald Trump slammed critical headlines from the “Fake News Media.” The US president since his first term has derided mainstream media as “fake news” and has sued major outlets over what he sees as unfair coverage. Brendan Carr, head of the US Federal Communications Commission — which oversees the nation’s radio, television and Internet media — said broadcasters risked losing their licenses over news coverage. “The law is clear. Broadcasters must operate in the public interest, and they will
SCANDAL: Other images discovered earlier show Andrew bent over a female and lying across the laps of a number of women, while Mandelson is pictured in his underpants A photograph of former British prince Andrew and veteran politician Peter Mandelson sitting in bathrobes alongside late sex offender Jeffrey Epstein was unearthed on Friday in previously published documents. The image is believed to be the first known photograph of the two men with Epstein. They are currently engulfed in scandal in the UK over their ties to their mutual friend. The undated photograph, first reported by ITV News, shows King Charles III’s disgraced brother and former British ambassador to the US sitting barefoot outside on a wooden deck. They appear to have mugs with a US flag on them
INFLUTENTIAL THEORIST: Habermas was particularly critical of the ‘limited interest’ shown by German politicians in ‘shaping a politically effective Europe Jurgen Habermas, whose work on communication, rationality and sociology made him one of the world’s most influential philosophers and a key intellectual figure in his native Germany, has died. He was 96. Habermas’ publisher, Suhrkamp, said he died on Saturday in Starnberg, near Munich. Habermas frequently weighed in on political matters over several decades. His extensive writing crossed the boundaries of academic and philosophical disciplines, providing a vision of modern society and social interaction. His best-known works included the two-volume Theory of Communicative Action. Habermas, who was 15 at the time of Nazi Germany’s defeat, later recalled the dawn of