Plaman Resources have gone into receivership and liquidation... 21 June 2019
Plaman Resources, the foreign-owned company that wants to mine Foulden Maar, has gone into receivership and liquidation.
This is great news for the campaign to Save Foulden Maar, but it doesn’t mean the fight is over yet.
Plaman currently has an application with the Overseas Investment Office (OIO) to purchase 432 hectares of land surrounding their current mining operation. This is required to make their proposal commercially viable as it would give them the ability to fully exploit the maar.
We are unclear of what going into receivership means in terms of Plaman's application to the OIO. Nor do we know what the receiver intends to do with the company’s assets, which include 42 hectares of Foulden Maar.
The next stage in our campaign is to get the entirety of Foulden Maar into public ownership so it can be protected in perpetuity for scientific research and the good of humanity. We’ll be speaking with the community, with lawyers, and with decision-makers to figure out the best way to do this.
We're also putting pressure on central and local government to purchase the 42-hectares owned by Plaman Resource.
How can you help?
Come along to our public meeting on the future of Foulden Maar at the Otago Museum on Tuesday 25 June at 7pm.
Encourage others to make a donation to support our campaign as it moves into a new and exciting phase
Keep up to date with this developing story by following us on Facebook and Twitter
Again, thank you for your support. We are so grateful to you all.
Ngā mihi nui,
The team at #SaveFouldenMaar