187 jobs gone at Stockton coal mine
187 jobs gone at Stockton coal mine
Plunging global coal prices have forced Solid Energy to further slash its workforce by almost 200 jobs at its West Coast open pit Stockton mine, the country's largest coal mine.
Simon Hartley
Mining layoffs all part of 'perfect storm'
Mining layoffs all part of 'perfect storm'
Solid Energy's predicament because of slumped global coal prices reflects Bathurst Resources' dilemma.
Scrutiny likely on fracking reaction
Scrutiny likely on fracking reaction
The Government is likely to come under intense scrutiny regarding recommendations by the Parliamentary Commissioner for the Environment, addressing the contentious fracking issues.
Fracking debate reopens with new report
Fracking debate reopens with new report
Controversy over fracking for oil and gas around the country has erupted again following the Parliamentary Commissioner for the Environment's call for the Government to overhaul regulations, to better manage environmental risks.
Postie Plus agreement
Postie Plus agreement
More than 600 staff of Postie Plus have a three-week reprieve as administrators of the clothing retailer work with a potential overseas buyer for the nationwide chain of 82 outlets.
Residential, commercial building activity surges
Residential, commercial building activity surges
Building activity has risen 16% for the quarter to March, driven by work in Canterbury and Auckland.
Administration voluntary
Administration voluntary
Debt-laden national clothing retailer Postie Plus has been placed in administration by its board, in the face of mounting losses and having breached its banking covenants with the BNZ.
13th loss in row, but Blis cashed up
13th loss in row, but Blis cashed up
Dunedin oral health probiotic manufacturer Blis Technologies has posted a 13th consecutive annual loss, but maintains a healthy $3.65 million cash in hand.
Bathurst seeks more cash
Bathurst seeks more cash
West Coast coking coal mine developer Bathurst Resources is seeking more cash while it waits out record low global coal prices.
Apartments boost building consents
Apartments boost building consents
A spike in building consents for more than 400 apartments nationwide underpinned a 1.5% gain in overall building consent numbers for April, which otherwise would have been down 5.2%.
Drop in patrons behind closure
Drop in patrons behind closure
Dunedin restaurant Table 7 in Hanover St has closed and been forced into liquidation in the face of declining patronage.
Miner's suction-dredging application accepted
Miner's suction-dredging application accepted
Seabed mine developer Chatham Rock Phosphate's application to the Environmental Protection Authority (EPA) for marine consent to suction dredge the Chatham seabed has been accepted as complete.
Pacific Edge focusing on expansion
Pacific Edge focusing on expansion
Dunedin cancer diagnostic company Pacific Edge remains focused on expansion into its key United States market, having recorded its first North American revenue stream.
Mainfreight result 'satisfactory'
Mainfreight result 'satisfactory'
Improved second-half trading by bellwether logistics company Mainfreight underpinned a strong result with a record $89.6 million after-tax profit.
Moa doubles volume
Moa doubles volume
Craft beer brewer Moa Group has more than doubled its sales volume during the past year and is set for another production boost, having aligned itself with Nelson's McCashin's Brewery.
Asbestos hazard being 'managed'
Asbestos hazard being 'managed'
Christchurch rebuild lead contractor Fletcher Building maintains repairs on homes with asbestos have been ''managed responsibly and effectively'', in the face of an ongoing investigation by WorkSafe New Zealand.
Employment events to be held for mill staff
Employment events to be held for mill staff
Two Work and Income New Zealand employment events for the 180 staff made redundant by the closure of Southern Cross Forests Products have been scheduled in coming weeks.
MyFarm $2m dairy farm investment IPO launched
MyFarm $2m dairy farm investment IPO launched
A fifth initial public offering has been launched by MyFarm, this time to raise up to $2 million to invest in a dairy farm in North Canterbury.
Brewery deal may settle dispute
Brewery deal may settle dispute
Emerson's Brewery is set to buy adjoining properties owned by the Dunedin City Council and Cr Doug Hall - and could then spend about $6 million developing a brewery there.
Better rating reflect changes at Heartland Bank
Better rating reflect changes at Heartland Bank
Heartland Bank's credit rating has been upgraded by international rating agency Standard & Poor's, based on its growing lending into niche markets.