Fall in production costs likely
Fall in production costs likely
Producing gold is expected to become cheaper for Oceana Gold at its gold and copper development mine in the northern Philippines.
Simon Hartley
Otago data released
Otago data released
Data from a $4 million aerial geophysical survey of Otago - to which the Otago Regional Council (ORC) contributed $1 million - has been released publicly.
Testing for gas to begin at Kaitangata
Testing for gas to begin at Kaitangata
L&M Energy is beginning a coal seam gas test drilling programme near Kaitangata this month, hoping to find commercial quantities of gas.
Sales hit rough patch
Sales hit rough patch
Global children's clothing retailer Pumpkin Patch has seen its operating profit plummet almost 50% for the financial year to July as it grapples with US store closures and UK reorganisation costs.
Miners hammered as gold tumbles
Miners hammered as gold tumbles
The recent gold price bubble is deflating with the precious metal losing more than 15% in value and mining companies' stocks taking a hammering in the process.
Imports, exports up, deficit lower
Imports, exports up, deficit lower
New Zealand's trade deficit for August is down on the previous years' average at 19% of the value of exports, or $641 million.
Otago's rating lagging
Otago's rating lagging
Household economic confidence is picking up across the country, but Otago's rating is the lowest in the country.
Telecom: has it got the answer?
Telecom: has it got the answer?
Telecom's investors have a month to decide whether Telecom should split into two new companies and get the lion's share of the Government's $1.3 billion ultrafast broadband development programme.
Bathurst project delayed
Bathurst project delayed
Environmental Court challenges have postponed upgrade plans for Westport's port, and the potential employment of hundreds of staff, until mediation or a court decision, allows coal miner Bathurst Resources to begin West Coast production.
Scott indicates improved full-year result
Scott indicates improved full-year result
Listed Dunedin company Scott Technology has said its full-year result will be a "continuation of the improved trend" seen during its most recent reporting periods.
Challenges lodged but Bathurst wants mediated solution
Challenges lodged but Bathurst wants mediated solution
Australian miner Bathurst Resources and the two councils that issued it resource consents to mine hard coking coal near Westport will all defend their positions in three separate Environment Court challenges.
Bathurst cannot explain fall in shares
Bathurst cannot explain fall in shares
Dual-listed Bathurst Resources has responded to an Australian stock exchange's "please explain" query that it has no information which can explain a share-price decline and increase in shares traded since last Friday.
Stock levels, weather behind 55% profit jump
Stock levels, weather behind 55% profit jump
Increased stock levels and cold weather combined to boost outdoor retailer Kathmandu's sales by 24.5%, increasing its after-tax profit by 55%, for the year ended July.
Replica of Shackleton's whisky for auction
Replica of Shackleton's whisky for auction
A replica bottle of Ernest Shackleton's original Mackinlay's whisky - which was entombed in the Antarctic since 1907 - will be auctioned during the Southern Sinfonia's Last Night of the Proms tomorrow evening.
Dunedin airport returns profit
Dunedin airport returns profit
Dunedin International Airport Ltd (DIAL) has turned around three consecutive after-tax losses to book a profit of more than $700,000 for the year to June, largely due to a tax credit of almost $600,000.
Glass Earth seeking capital
Glass Earth seeking capital
Gold explorer Glass Earth Gold has announced it is seeking $C5 million ($NZ5.82 million) in a private placement in Toronto to recapitalise and continue its test drilling and mineral exploration around New Zealand.
More challenges against Bathurst
More challenges against Bathurst
Two more Environment Court challenges have been lodged against Bathurst Resources and its plans to mine up to two million tonnes of high-grade coking coal from the Denniston plateau, near Westport on the West Coast.
Insurer's shortfall rises again
Insurer's shortfall rises again
Boutique Queenstown insurer Western Pacific, which collapsed in late April owing more than $40 million, has seen another escalation in its expected claims shortfall, to $14.2 million, its receivers say.
Path back to profit 'marketing 101'
Path back to profit 'marketing 101'
The Warehouse appears to be going back to basics after delivering a disappointing full-year result where after-tax profit was down almost 9% to $76 million, at the bottom end of earlier guidance and well below analysts' expectations.
Southern manufacturing posts gains
Southern manufacturing posts gains
Manufacturing in Otago and Southland led the country in August, posting its first gain since January on the back of boat-building, the metal industry and selected food manufacturers.