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By Dene Mackenzie

One of New Zealand’s leading currency watchers believes that easing of the kiwi dollar could be real this time and he has selected a “sweet spot” for a new range for the dollar against the American greenback.

By Dene Mackenzie

At the end of September a key pointer was that the market had generally performed well for investors. What will a sliding kiwi do for the current quarter?

By Dene Mackenzie

Fulton Hogan has had a good financial year and has reorganised to cope with the mining downturn in Australia which has produced some positive by-products.

By Ross Louthean

It has been a long wait to get tangible results from re-development of the Talisman gold mine and, while the sample grades detailed was impressive, the nitty gritty will come from grades achieved from the first parcel of ore milled.

A group of international scientists joined GNS Science in getting a clearer understanding of subduction events that have taken place in the Kermadec Arc.

An offshore exploration licence in the Taranaki has been surrendered by the partners believing market perceptions had downgraded investor support due to a disappointing nearby exploration well.

The procedural documentation shows that the delisting of Lyttelton Port Co from the NZX is nigh.

An important rubber stamp was announced yesterday to help open up market growth for the New Zealand Stock Exchange.

Refining New Zealand which has been climbing out of mounting losses after upgrades and maintenance has averted, for the time being, a two-day strike by unions.

The signs for the new financial year look good for Steel & Tube which has been in an expansionary mode and sees good infrastructure developments ahead.

Includes following attachments:
- Financial report. (5.0 megabytes)
- Shareholders' Review. (1.2 megabytes)

A man and woman charged with fraud related to work with Mighty River Power will see their respective cases going to trial.

Just how bad the mining culture and knowledge base was for the Pike River coal mine was detailed to a group of mining people on the West Coast.

While the disappointing Oi exploration well punched a hole in the budget of the Tui oil project partners, one partner at least saw positive sailing ahead through the nearby Pateke appraisal well.

Includes following attachments:
- Annual report. (1.3 megabytes)

The just-released annual report for Bathurst Resources shows just how important the domestic market now is for this South Island coal producer.

Includes following attachments:
- Annual report. (1.5 megabytes)

While the tempo of oil and gas exploration has lifted significantly, one company chairman said the industry was still looking out for a new discovery.

Includes following attachments:
- Annual report. (2.8 megabytes)
- Shareholder report. (3.1 megabytes)

The board of MOD Resources was impressed with the positive metallurgical results gained on its emerging copper-silver project in southern Africa but the market slipped down a small cog.

Includes following attachments:
- Exceptional Concentrate Grades from Metallurgical Test Work. (538.8 kilobytes)

The AIM board company Mosman Oil & Gas has detailed progress being made on flow testing one well and drilling of a neighbouring well on the South Island.

Recent News

Gold News

The Australasian market is likely to be looking out for some test results tomorrow that could see a trading half lifted on a company exploring in New Zealand and southern Africa.

One of North America’s mining royalty and exploration companies is maintaining a focus on epithermal gold on New Zealand’s North Island.

The big annual North American gold conference attracted a Kiwi stockbroking firm which observed the industry’s perceptions on OceanaGold.

The global sharemarkets for gold stocks can be uninspiring these days until someone throws up a takeover rumour. Is it a kite, or is it real?

The established hard rock gold miners in New Zealand are throwing their weight behind the research programmes to be spearheaded by GNS Science to identify new gold mines in the country.

Oil & Gas News

A well known Australian mining industry identity has joined the board of one of the companies producing oil in New Zealand.

New Zealand Energy Corporation must be thankful that it has a partner on some of its Taranaki production leases who can act as a second banker.

The big spend on improving infrastructure and performance by Refining New Zealand is now paying off for the Northland-based oil refiner.

Refining New Zealand Ltd (NZX: NZR) told the New Zealand Stock Exchange yesterday it had been served with a notice of proposed strikes by two unions that could impact operations in the near future.

The busy state of the NZ oil and gas scene has seen a British company acquire a specialist Kiwi company.

Coal, Lignite & CSG/CBM News

The pressure is now on the board of Solid Energy to proceed with a re-entry of the damaged Pike River coal mine.

With all the media and public comments on Wednesday about Solid Energy’s reservations about an immediate re-entry into the damaged Pike River mine, the company’s chief executive decided yesterday to further explain his views.

The Government was renewing some key indemnities for the still troubled State-owned coal miner.

Another regional environment group is looking at putting restrictions on the quality of coal that can be used in its area for domestic purposes.

While the market is still glum about global coking coal prices, New Zealand’s aspiring new miner Bathurst is progressing market offtake discussions with some of the world’s biggest steelmakers.

Other Metals & Minerals News

The quest to get a seafloor mining project underway began with the Environmental Protection Authority yesterday – an important test case for the NZ economy.

An extension of several months has been given to a private company planning to fully acquire a mineral sands project on the West Coast.

Well known Kiwi geologist Julian Hanna who spoke at the AusIMM NZ Mining Conference in Hamilton returned to Perth to talk about his company’s other key project to another conference.

Chatham Rock Phosphate has detailed the extent of its submissions and responses to queries from the Environmental Protection Authority for its now high-profile push to get consents to mine for seafloor phosphate.

Yet another capital raising has been announced by Chatham Rock Phosphate in its quest to raise adequate capital for its seabed phosphate mining project.

Renewable Energy News

The company that runs a windfarm near Palmerston North has detailed its fiscal 2014 result – a year of lighter winds and ongoing litigation issues.

One of the largest listed energy suppliers has completed a capital investment to advance renewable energy but sees challenges ahead with a competitive market and a market nationalisation move by Labour and the Greens.

One of the semi privatised electricity generators had a good August though it saw some of its hydro capacity drop early in September.

The build up of wind powered generation by one major New Zealand company has helped not only Wellingtonians but energy users across the ditch.

If Kiwis consider New Zealand is the world capital of geothermal energy they should look at a recent study that shows where else in the world it is now a growing form of energy development.

Environment News

A little known goldfield on the South Island will mark a celebration at the beginning of November.

The Government this week had five new marine parks on the West Coast officially declared.

A large area of high country in Otago has become New Zealand’s largest conservation covenant.

The energy, minerals and environment research and consulting company CRL Energy has won the Environment Award at this year’s Minerals West Coast Conference.

The Tiwai Point aluminium smelter may be Southland’s major employer but its operator has for more than two decades played a pivotal role in preserving the endangered kapako – the world’s biggest parrot.

Education, Science & Technology News

One of the issues raised in the just-printed annual report of Meridian Energy has already dissipated but another rests with the aluminium price.

A new alliance has been forged for water research between local Iwi and GNS Science in the Lake Rotorua region.

The remarkable history and production performance of the Hauraki goldfield has been a lure for geoscientists, students and the growing number of tourists providing an added economic prop for the region.

In the visiting professor programme that has proved popular in New Zealand, a Canadian academic will detail the area in Europe where the Romans won most of their gold in the 1st and 2nd centuries.

Research at a New Zealand university could pave the way for a harnessing a waste material for renewable energy.

Economics, Politics & Government News

Two well known faces are in the ring to battle out the leadership position for the Labour Party. Will there be other contenders?

Proposed changes to employment law has Engineering, Printing and Manufacturing Union (EPMU) boss Bill Newson geared up for some good old fashioned union bashing.

One of the big fizzes of the elections was the Internet Mana Party. Dene Mackenzie looks at what happened.

Our political correspondent, who has been living with the election, believes the re-elected National Party will push forward quickly on some planned reforms that include the resources sector.

The election of the next government is now only a day away and our political columnist listened in to the last television debate of the two key leaders.

Other News

As the kiwi dollar heads south, to the relief of exporters, it was likely to have an opposite impact on New Zealand households.

The latest study by a research group on the global mineral exploration sign shows a light at the end of the tunnel, but how long is the tunnel?

A High Court victory for a listed energy company over a large sum of money not being taxable was now under appeal.

The stereotype presentation of a complaints department is that it is not an ideal place to work. One major survey has shown otherwise.

A new award for industry research and innovation was given on Friday in Melbourne to the Orica group.