Simon Hartley

The granting of resource consents for Oceana Gold to expand its Coronation North pit may become crucial to the East Otago mine’s future. Senior business reporter Simon Hartley looks at the...

Oceana Gold has the go-ahead to expand its Coronation North open pit mine at Macraes in East Otago, which could add up to a further three years of life to the 26-year-old mine.

Bapcor of Australia is closing in on the minimum shares it will accept in its hostile takeover bid for Hellaby Holdings and its network of 120 auto-parts shops around New Zealand.

Tourism Holdings has acquired El Monte Rents Inc, the second-largest United States recreational vehicle operator, for $93.5million

Falling beef and lamb exports - including a 50% decline in US beef exports - undermined New Zealand's trade balance, resulting in an unexpected $705million deficit for November.

New Zealand amphibious boatmaker Sealegs is plunging into the European and South African markets, taking controlling interests in two companies in cash and script deals worth $5.3 million.

Just days out from Christmas, The Warehouse has delivered a surprise half-year profit downgrade, in part because of the competitive retail environment.

The number of houses consented across the country was up 10% in the past 12 months and for the first time in 11 years surpassed 30,000 new homes built.

Hellaby Holdings’ independent directors have again reiterated their advice to shareholders not to sell to Australian listed auto parts supplier Bapcor.

A norovirus outbreak at a Dunedin rest-home has been contained by lockdown after 14 care centre residents and five staff became sick.

Hellaby Holding’s minority shareholders are being urged to consider accepting the hostile $351.8 million offer by Australian-listed auto-parts company Bapcor.

Just one oil and gas exploration tender has been granted by the Government, reflecting the increasing exodus of companies and reduction in exploration.

Foundations are complete for the estimated $5.5 million-$7 million apartment block being built on the Esplanade at St Clair.

Hostile takeover target Abano Healthcare's board has rejected outright the offer by dissident shareholder group Healthcare Partners, which is after a controlling 50.1% stake in the dental chain.

Allegations of widespread stock theft across the lower South Island have rocked Otago's farming community, which collectively could be hundreds of thousands of dollars out of pocket.

The New Zealand Whisky Company retains hope it might yet build a $1 million-$2 million distillery in Dunedin or Oamaru.