3-AD006.00 SOCIAL IMPACT ASSESSMENT WAIHI NORTH PROJECT Oceana Gold New Zealand Limited WSP June 2022 69 To be eligible for Top Up a property must meet the following criteria: • The property must be within one of the defined areas above where the property value assessment has identified a potential effect on property values as a result of their proximity to mining activities. • The property must be on the market with a registered real estate agent. • The property must have been on the market for a period of at least four months following the announcement of the WNP. Only one Top Up is available per property. A purchaser, having bought a property with the benefit of a Top Up from OGNZL, cannot then resell that property and rely on the second purchaser receiving a second Top Up to make up any difference in the price offered and market value. The first purchaser has benefited through buying the property at a lower cost to them, which has then been ‘topped up’ by the company and has done so with full knowledge of the proximity of the property to the mining activity. OGNZL has received confirmation from the Insurance Council of New Zealand that the proposed mining activities will have no impact on the ability of property owners to obtain insurance. Hauraki District Council have not indicated that there is any intention to change the proposed direction of the Draft Growth Strategy as a result of mining activity. Mitigation: OGNZL have committed to the continuation of the Top Up policy which provides homeowners with compensation to close the gap between the market value and offer received. Properties identified are: • Within about 300 m south of the Gladstone pit in the Heath Road area. • East of the Northern Rock Stack along Golden Valley Road for approximately 500 m. • Directly above a section of the proposed Ore Transport Tunnel alignment. • At the upper end of Highland Rd and Willows Rd, adjacent to the proposed SFA. Appendix E includes images that show the location of the properties included in the above mentioned areas. 6.5.2 IMPACT ON SAFETY AND SECURITY A fear was expressed that attracting potentially a large number of new people and vehicles into an area previously subjected to no through traffic would become a safety concern. There is a perception that there may be an impact on crime from an increase in outsiders in the area. Currently the areas identified are limited to a small number of properties where all the owners are known to each other thus creating the perception of a safe environment. Willows Road currently has a low volume of traffic, a small number of properties culminating in a dead-end rural road. With development of the Willows Road SFA there will be increased traffic volumes and a larger number of people entering the community.
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