Oceana anticipating 550,000oz of gold
Oceana anticipating 550,000oz of gold
Oceana Gold is being picked to deliver a record 550,000 ounces of gold for calendar 2017, albeit at the bottom end of its guidance range.
Simon Hartley
Growth eases but investment returns strong in Otago areas
Growth eases but investment returns strong in Otago areas
Nationwide house value growth has eased for the past quarter, but investment property returns in Dunedin, Central Otago and Wanaka are attracting the attention of investors.
Economists concerned despite continued annual gains in consents
Economists concerned despite continued annual gains in consents
Monthly building consent numbers have continued to ease, but percentage gains remain up for the year, despite a large fall in Canterbury house building.
Ofer Global bid for NZOG gains support
Ofer Global bid for NZOG gains support
A takeover play for New Zealand Oil & Gas has edged beyond 20%, as a division of Monaco-based company Ofer Global seeks to secure between 50% and 70% by early December.
H&G Ltd buys into takeover offer for NZ Oil & Gas
H&G Ltd buys into takeover offer for NZ Oil & Gas
Takeover target New Zealand Oil & Gas' second-largest shareholder, H&G Ltd, has bought into the OG Oil & Gas takeover offer, which has been extended by a month to December 9.
Blis shares collapse as profit evaporates
Blis shares collapse as profit evaporates
The shares of Dunedin probiotic company Blis Technologies were hammered by shareholders yesterday after its downgraded expectations of posting a profit.
Oceana Gold eyes record output
Oceana Gold eyes record output
Oceana Gold appears on track to produce its target record gold production for calendar 2017, in a range of 550,000-600,000 ounces, with its South Carolina Haile mine now onstream.
Fletcher's open to further risks
Fletcher's open to further risks
Fletcher Building remains open to further earnings risks, over the combined earnings before interest and tax losses now totalling $452 million for its Building + Interiors division.
Forestry group backs scheme
Forestry group backs scheme
The Forest Owners Association has embraced the new Government's proposal to plant 1 billion trees over the next decade.
Freightways notes sound trading start
Freightways notes sound trading start
Bellweather transport company Freightways has reported a ``sound'' start to first quarter trading, with revenue and after-tax profit up respectively 7% and 6.4%.
Apology for Fletcher shareholders
Apology for Fletcher shareholders
Apologies and assurances by Fletcher Building's board to shareholders resounded at its annual meeting yesterday, as further losses of $160 million from its beleaguered Building + Interiors were disclosed.
New CEO has 'proven experience'
New CEO has 'proven experience'
The corporate world's Mr Fixit, Ross Taylor, has been appointed Fletcher Building's new chief executive.
Trading halt on Fletcher shares
Trading halt on Fletcher shares
Fletcher Building placed its shares on a trading halt yesterday as the market awaits its review of the underperforming Building + Interiors division.
Mt Difficulty Wines focus of talks
Award-winning Mt Difficulty Wines focus of Foley Family Wines talks
Listed company Foley Family Wines is in discussions to purchase Central Otago, award-winning Mt Difficulty Wines for an undisclosed sum.
Call for more planting of trees, more use of timber
Call for more planting of trees, more use of timber
The forestry sector is front-footing its wish list as New Zealand's new coalition government takes shape, calling on investment in new plantings and increased timber use.
NZ Oil and Gas rebuffs Zeta
NZ Oil and Gas rebuffs Zeta
Zeta Resources’ takeover bid for New Zealand Oil & Gas has failed to meet its minimum acceptance level, clearing the way for acceptances of the counter takeover offer from OG Oil & Gas ...
THL travelling well after dismal low of 2009
THL travelling well after dismal low of 2009
From underachiever to overachiever, Tourism Holdings has rallied its operations in recent years.
Something interesting growing in the Petridish
Something interesting growing in the Petridish
Dunedin-based shared business space company Petridish is in major expansion mode, looking to increase its business membership eightfold to potentially 300 people over the next 18 months.
Kraft Heinz buys Cerebos Greggs factory
Kraft Heinz buys Cerebos Greggs factory
The Cerebos Greggs food and instant coffee factory in Dunedin has been sold, as part of a wider acquisition of New Zealand, Australian and Asian assets by food giant The Kraft Heinz Company.
Synlait a standout as Deloitte South Island index gains $1.34b
Synlait a standout as Deloitte South Island index gains $1.34b
The Deloitte South Island index of companies has gained $1.34 billion in market capitalisation for the year to September, reporting a record $19.58 billion for the 31 companies since the index...