Crucial gold production costs for East Otago-based Oceana Gold have almost doubled in the past year as plant maintenance costs and the high New Zealand dollar take their respective tolls.
The Commerce Commission's 16-month investigation into the $91 million failure of Credit Sails notes, sold by southern broking house Forsyth Barr, is coming to an end.
A gold discovery in Central Otago by Glass Earth Gold - its fourth such find in the area - is being further explored by the company.
High-pressure rock fracturing, or "fracking" is a technology to release rock-bound oil and gas for an increasingly energy-hungry world, but it has also become the call to arms for environmentalists. Business Reporter Simon Hartley looks at where the battle-lines are being drawn by the numerous fracking factions.
Southern gold producer Glass Earth Gold has entered a $4 million joint venture with Newmont Mining to undertake a drilling programme at a gold and silver prospect in Hauraki, in the North Island.
Picketing over a single Port Otago redundancy proposal at Port Chalmers caused no disruption yesterday, but a surprise stop-work meeting is expected to be announced today.
Would-be bank, listed Heartland New Zealand, has grown its asset base by $18 million to $2.09 billion through its business loans division and in coming months expects a further boost from already approved rural loans being drawn down.
Competition for construction projects to rebuild Christchurch could come at the expense of opportunities for some Otago-Southland businesses.
Communicating science to potential commercial partners, businesses and, ultimately, investors poses challenges for those at the heart of research.
Southern manufacturing remained in contraction during March following patchy and lacklustre results - despite a small surge towards expansion.
Deadlocked Ports of Auckland Ltd and the Maritime Union of New Zealand have agreed to a facilitation meeting umpired by the Employment Relations Authority, but whose recommendations are non-binding.
Mediation yesterday between the Port of Auckland Ltd and the Maritime Union of New Zealand appears to have made little headway as the pair restate their objectives in counter-claims.
Shares in Fletcher Building have begun another slide after losing more than $2 billion in market capitalisation during the past year.
Investors owed tens of millions of dollars from Allan Hubbard's Aorangi Investments Ltd will have to await the outcome of a minefield of litigation over asset ownership before more payments are made.
Restaurant Brand's full-year after-tax profit slumped 27% in the wake of losses from the Christchurch earthquakes and sale to franchisees of 13 Pizza Hut outlets - but shareholders were unfazed.
Investors in the Hubbard Management Fund (HMF) have received their first payment since it was frozen in statutory management 21 months ago, just before southern lending giant South Canterbury Finance began unravelling.
Economic surveys are reflecting fragility and opposing sentiments in employment and business confidence, much of which appears to ride on the prosperity of housing and construction activity.
The Warehouse has decided to delist from the Australian stock exchange following a review of the costs and benefits of retaining the ASX slot.
Oceana Gold's copper and gold mine development in the Philippines is on target for commissioning by the end of 2012 and at present has a construction workforce of more than 1000 on-site.
Gold explorer and boutique producer Glass Earth Gold has posted a $C1.71 million ($NZ2.13 million) loss for calendar 2011 trading, but retains $C3.6 million cash in hand for ramping up its Central Otago gold-extraction programme.
