A company which spent up to $65 million in a failed bid to mine ironsands from the South Taranaki seabed, has applied for a prospecting permit covering a huge swathe of seabed north of Ross.
The Green Party today called for a moratorium on seabed mining, which it described as "completely experimental".
Trans-Tasman Resources announced yesterday it had applied to the Crown agency New Zealand Petroleum and Minerals for a 4436 square kilometre prospecting permit extending from Ross to north of Karamea, from 1km offshore out to the 12 nautical mile territorial limit.
Trans-Tasman's previous bid to mine in the exclusive economic zone was rejected by the Environmental Protection Agency last year.
The company said in a statement it would focus on developing offshore mineable resources of iron-rich mineral sands known to host ilmenite, zircon, garnets and gold. Ilmenite can be used for paint, and garnets for sandblasting.