Simon Hartley

The future of Oceana Gold's South Island operations remains under scrutiny with the possibility decisions on the future of New Zealand sites might be known by the end of the year.

Domestic coal sales of more than 80,000 tonnes have kept Bathurst Resources cashflow-positive for its past quarter trading, and hopeful of being in a similar full-year position.

Sharemarkets in the United States and Europe took a caning on Thursday, from a combination of Argentina having defaulted on some debt, weaker than expected corporate results and US interest rate policy.

A month on from Port of Tauranga announcing its strategic deal with Kotahi - which is Fonterra and Silver Fern Farms - and shipping giant Maersk, analysts have upgraded its stock.

Oceana Gold remains on target to achieve its full-year production guidance, having posted a first-half after-tax profit of $US56 million ($NZ64.1 million).

The sale periods for two separate Dunedin hotels, the Hotel St Clair and the Fitzroy Pub on the Park, have both been extended.

Meagre shareholder returns and much-needed capital expenditure could be the tipping point for shareholders to accept the $32.5 million takeover offer for Acruity Health Group, which operates several private North Island hospitals and health services.

Former University of Otago law student Christine Burke has climbed K2, the world's second-highest mountain, the 14th woman to do so.

Management of listed Dunedin probiotic manufacturer Blis Technologies put forward a buoyant and confident front yesterday, at its annual shareholders meeting in the city.

Tempers flared at an Otago Regional Council (ORC) finance committee meeting yesterday as councillors debated whether its policies were clear enough for Port Otago's selling of its leasehold land parcels.