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Post by RKC on Mar 6, 2009 11:06:38 GMT 12
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Post by miner66 on Mar 18, 2009 5:28:37 GMT 12
G`day to NZ.... 180,000 NZ $ is this a normal price   for a 5,9 ha claim, on the lower whataroa Status Date: 18/3/2004 Granted: 18/3/2004 Commenced: 18/3/2004 Duration: 15 years Expires: 17/3/2019,,,, don´t know what is the regular price if I want to take such a claim regular from crown mineral, or is it so hard to get one from crown mineral..... I have spent a lot of time on the crown mineral homepage try to understand the complete regulations for small-scale mining and how the permit system works, it´s a hard thing  greetings from the other side of the world. from the land without gold (but with oktoberfest) Munich/ bavaria |
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Post by RKC on Mar 18, 2009 11:50:19 GMT 12
G'day miner66,
The asking price for this claim has probably surprised everyone in this business ... I was certainly surprised! And to ask so much for such a small size claim is additionally surprising. But, the value of anything is what someone will pay for it and time will tell if he is asking too much. Nevertheless, anyone who presently has a fully granted Mining Permit (claim) in an auriferous South Island river has something very valuable (except 'maybe' for those who have claims over rivers where trommel plants have previously been through).
For anyone, as of today, starting from scratch to attempt to apply for a dredging claim the process would be nothing but a nightmare of complex regulations, great expense and with little likelihood of the application being granted after the considerable length of time that it would take to go through the evaluation process by Crown Minerals and the relevant Regional Council. And in Otago there is firstly the problem to be overcome that is mentioned in the thread "Clumsy letter to crown minerals regarding Glass Ea" ... which would be enough in itself to discourage most people from even considering submitting an application for a Mining Permit in Otago. Then there are the unavoidable exorbitant government charges, which are exactly the same for an individual miner as what a multi-national mining company pays.
With the recent sustained rise in the gold price there are a number of Kiwis presently attempting to purchase granted claims, either river claims for suction dredging or land based claims to be mined by trommel plants. And the way they have been doing this has been to place adds in newspapers such as The Greymouth Star.
With the way things are at present and the high gold price, anyone who presently has a granted river claim should be dredging it and taking advantage of the privileged position they are in and not trying to sell it. With the advances in production dredging technology and techniques that have occurred in recent years its possible to make good money from what would have been regarded as poor ground even as recently as 10 or 15 years ago. The lower Clutha river is the classic example as it would be extremely payable if dredged with a well designed 10-inch production dredge with hydraulic riffles and a few other features to aid the recovery and separation of the fine gold from the massive amounts of heavy Clutha river black sand.
Regards,
Rob (RKC)
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