Minerals exploration permits awarded today are a positive development in growing the regional economy, says BusinessNZ.

Three companies have been offered permits for exploring for metallic minerals in the Northland region, under the new environmental regulatory regime.

BusinessNZ Chief Executive Phil O’Reilly says responsible development of mineral resources is part of a balanced approach to growing jobs and growth in several parts of New Zealand.

 “Development initiatives conducted following consultation with local communities, under modern environmental regulations, are a good component of a wider move towards a more vibrant regional economy,” Mr O’Reilly said.