Shares in Fisher and Paykel Appliances have gained about 20% in value during the past three trading days with more than 4.4 million shares changing hands.
Dual-list L&M Energy is this week set to begin drilling the first of five wells near Kaitangata in South Otago in its continued search for commercial quantities of coal-seam methane gas.
Dunedin foundry Newlcast, owned by Oregon-based United States company Esco, has bought its Thomas Burns St site in Dunedin for $1 million.
More pressure is being heaped on exporters as the New Zealand dollar hits a four and a-half-month high against its United States counterpart and a record high against the euro.
Gold is back in vogue with investors, having retraced 10% in value on the spot global market in the past month and prompting forecasts it could go beyond $US2000 ($NZ2426) per ounce this year.
Dunedin-based biotech company Pacific Edge is setting up its United States commercial laboratory and headquarters for its diagnostic bladder cancer test in Pennsylvania, within the Hershey Centre for Applied Research, a university and technology research facility.
Seabed mineral explorer Chatham Rock Phosphate is this week beginning tests at sea, on bulk sampling equipment on the seafloor of the Chatham Rise.
Glass Earth Gold, which retains extensive exploration permits around Otago, has delivered its first drilling results from its North Island tenement, 65km southeast of Waihi.
Fletcher Building has bought the remaining 50% of German-based laminate specialist Homapal Plattenwerk for $50 million, prompting a slight decline in its recovering share price.
No appeal has been lodged over a High Court decision which directed about $33 million of reinsurance money owed to failed Queenstown-based Western Pacific Insurance to Chistchurch earthquake lcaims and left other insurance claimants more than $24 million out of pocket.
West Coast coal miner Bathurst Resources, which faces three Environment Court challenges, has upgraded its estimated coal resources around the Denniston plateau by 12% to almost 82 million tonnes.
Insurance claimants owed $24.2 million after the collapse of boutique Queenstown company Western Pacific Insurance are yet to find out if an appeal will be made over the High Court decision that left them out of pocket.
The New Zealand Malt Whisky Company is expecting to decide by the end of the year on where to build a $1.7 million distillery - in Dunedin or in Oamaru.
Labour has called for a review into the controversial oil and gas industry technique of horizontal hydraulic fracturing, increasingly being used to penetrate deep underground rock to release natural gas.
Seabed explorer Chatham Rock Phosphate, now entering the second half of its four-year prospecting licence, plans to spend $US2 million ($NZ2.47 million) on its next round of exploration, data acquisition and planning.
A decision on the starting date of the $20 million redevelopment of Speight's brewery is probably several months away, but brewing giant Lion remains committed to the project.
Australia's mining sector underpinned the country's economic stability throughout the recession, and has taken off again. But new research indicates a tough 12 months ahead. Business reporter Simon Hartley talks to brokers at Craigs Investment Partners and Forsyth Barr.
Dunedin community and sports groups have shown interest in buying the South Dunedin building of the United Services Community Club, which was placed in liquidation in July last year.
East-Otago based Oceana Gold's production for calendar year 2011 was down almost 6%, but was in line with guidance and also the crucial cash cost of production per ounce.
Port Otago is relocating its subsidiary company Chalmers Property, which overseas a $197 million property portfolio around the country, from its Wellington headquarters to Port Chalmers.
