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The sudden closure of a Dunedin engineering works comes as work orders dry up just before Christmas.
Business and industry leaders see closure of a local engineering works as making the development of a regional engineering hub in Dunedin as vital.
A discussion paper on the vexing initiative of the Ardern Government to ban any mining on conservation land should be available early in the New Year.
In pushing the barrow Genesis Energy has joined an international organisation that aims to see electric vehicles dominant over petroleum-fuelled vehicles.
The Government said the ACC will now not impose a higher levy on motor vehicles with the growing public anger over increased fuel costs.
Business commentator Brian Gaynor said raiders, many from overseas, are seeing more value in locally listed companies than Kiwi investors.
Australian junior explorer Laneway Resources still has ambitions for its prospects near Karangahake in New Zealand’s Hauraki Goldfield and has plans to drill a key target.
The chief of OceanaGold told an international mining conference that it was important for a gold developer to take in country social and environmental issues in its mine planning.
Perth-based junior explorer Strategic Elements has indicated it is still awaiting clearances to undertake further work on the Golden Blocks project in New Zealand.
There were no surprises with the figures released by New Talisman Gold Mines in its September half year financials.
The new broom at New Age Exploration may now not sweep away the company’s two gold permits in Otago following some positive new sampling results.
Oil & Gas News
Two key companies involved in the fuel supply business have welcomed the opportunity to participate in a Government-initiated inquiry into the 2017 oil pipeline to Auckland supply disaster.
A new gas field has been discovered at the Paus Biru-1 exploration well offshore East Java in the Madura Strait, Indonesia.
North American markets have heard that TAG Oil which quit New Zealand now sees its new exploration frontiers in the much more industry friendly Australia.
Z Energy has struck an arrangement with an international corporate payment provider for its New Zealand operations.
New Zealand Oil & Gas says its controlled entity Cue Energy is awaiting clearances and new data on an exploration well just completed in Indonesia.
Coal, Lignite & CSG/CBM News
A report by a British coal mining expert has been incorporated in the latest detailed update report from the Pike River Recovery Agency.
Shareholders of Bathurst Resources saw the positive growth the company achieved after forging the BT Mining joint venture but they may be holding their breath awaiting the outcome of a court appeal.
Owners of the new coking coal mine near Westport will take their battle back to court after the legal and political blocks from anti-miners and the Green Party enclave in the current Government.
One of the key coal mines on the North Island has been given a life extension through a decision to develop a new resource.
The Government has put a stamp of approval on the re-entry into the damaged Pike River coal mine at a time when another mining voice raised concern about the potential danger of the move.