'Will the controversial Central Otago gold mine still go ahead? | Ryan Bridge T…
'Will the controversial Central Otago gold mine still go ahead? | Ryan Bridge TODAY
NZ Herald ·
'Will the controversial Central Otago gold mine still go ahead? | Ryan Bridge TODAY
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{"v":1,"chapters":[{"timeSeconds":1,"label":"Central Otago Gold Mine Hits Pause","summary":"A fast-tracked gold mine project in Central Otago has been put on hold. The company behind the project has been asked to reconsider its approach."},{"timeSeconds":9,"label":"Project Overview and Economic Impact","summary":"The proposed mine is expected to generate $6 billion and create hundreds of jobs. However, concerns have been raised about its potential impact on water quality and the cost of failure."},{"timeSeconds":25,"label":"CEO Discusses Project Progress","summary":"Damian Spring, CEO of Santana Minerals, discusses the project's progress and the company's commitment to addressing concerns. He states that the project is not being abandoned."},{"timeSeconds":41,"label":"Addressing Catastrophic Risk","summary":"Spring explains that the company is taking time to ensure all aspects of the project are properly assessed. This includes considering potential risks and how to mitigate them."},{"timeSeconds":50,"label":"Financial Responsibility for Risks","summary":"The discussion touches on who would be responsible for covering the costs if a catastrophic event were to occur. Spring emphasizes that the company has factored in these risks."},{"timeSeconds":120,"label":"Job Creation and Local Employment","summary":"The conversation highlights that the mine is expected to create jobs, with a significant portion of these roles likely to go to local residents."},{"timeSeconds":200,"label":"Risk Assessment and Insurance","summary":"The CEO addresses the question of how the company plans to cover catastrophic risks, stating that they have assessed the likelihood of such events and are working with insurers."},{"timeSeconds":240,"label":"Low Probability of Major Incidents","summary":"Spring asserts that while catastrophic events like major earthquakes are possible, their probability is low, and the mine's design accounts for such possibilities."}]}
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