Santana shares hit amid concern over consent timeframe
Fast-track panel convenor rebukes gold miner for underestimating complexity of decision.
The Santana Minerals mine site near Tarras in Central Otago.
Shares in would-be gold miner Santana Minerals slumped 20% in morning trading on the NZX after local authorities sought a longer time-frame for the consenting process.
The sell-off, with $4.3 million of shares traded despite the Auckland Anniversary Day holiday, eliminated gains in the share price
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