Oceana Denied Permission For Waihi Tailings Dam

Oceana Gold has registered ''extreme disappointment'' an application to create a tailings dam from two farms near its Waihi mine has been declined and it may seek a judicial review on the matter.

Chief executive of mining lobby group Straterra, Chris Baker also rounded on Land Information Minister Eugenie Sage, saying the outcome was ''based explicitly on her anti-mining ideology'', and called for her to discontinue from portfolios where she had a history of activism.

''This is a major setback for the industry, for the local and regional economy and for all fair-minded New Zealanders,'' Mr Baker said yesterday.

Ms Sage and Associate Finance Minister David Clark could not agree whether a new tailings dam would create ''substantial and identifiable benefits'' in the region.