Article: Dazzled by gold

Energy Minister Gerry Brownlee is clearly dazzled by the age-old con job of Eldorado and unaware of the implications of selling "300 years'' worth of coal in a world concerned with global warming.

New Zealand is not in a position to profit from mining as Australia and the United States are. Those continental countries have a huge industrial infrastructure that allows them to mine their own minerals and others' profitably.

In New Zealand, 40 per cent of our gold will buy their machines and import the fuel to build their mines in our hills. The rest of our gold will belong to their parent ...

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