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The machinations of who will get into bed with whom is beginning to show itself as the deadline gets closer for the elections.
One Australian company is finding its worth persisting more on targets in New Zealand where it is getting cash flow than operating in Papua New Guinea.
Those who are claiming coal is on the way out may need to heed the observations of a well known Australian commentator and energy sector administrator.
The Petroleum Exploration and Exploration Association of NZ has announced its new chief executive.
One of the listed electricity generators is not making a big beef out of conditions and proposals by the Commerce Commission but sees tight pricing conditions for the time being.
Targets immediately near the established Sams Creek gold project and broader targets in the area have also been refined for further work.
An appeal linked to the cost of capital against a High Court judgement was rejected this week.
The royalty cash flow for one Melbourne company that had achieved several good years from gold mining in New Zealand is now down to a small oil and gas royalty.
There was a healthy flow into Contact Energy’s hydro storage dams in June, particularly on the South Island.
There will be some mining meetings in August, including some before the annual AusIMM Mining Conference in Hamilton.
The finalists for the Deloitte Energy Excellence Awards in Auckland next month have been declared.
The extent of retrenchments at the Stockton opencast coal mine were revealed early this week.
An international mining research group has taken a hard look at the gold sector and sees an exploration downturn as potentially impacting future global mine supply.
An analysis of the recent performance of OceanaGold by a NZ stockbroking firm shows the impact the company’s new Philippines gold-copper mine is having.
Another director has left Coromandel Gold as this subsidiary company looks to take on a management team and develop a life of its own.
A leading Australian mining contractor has retained an important gold mining contract in New Zealand.
OceanaGold is just completing one corporate revolving credit facility and is striking a new and larger arrangement.
Oil & Gas News
The Australian company which recently jointed an onshore Taranaki oil and gas project has detailed its current and near-term commitment.
The Greens have been against a lot of things and the latest policy issue is to prevent deep offshore oil drilling from happening.
A second unconventional well has started in the East Coast Basin for one of the listed Canadian oil and gas companies.
A global manpower provider to the petroleum sector has established an office in the Taranaki.
The latest offshore exploration well in NZ waters was spudded this week and once again the fingers of many in the industry and Government are crossed.
Coal, Lignite & CSG/CBM News
The long awaited start to getting development of the big new West Coast export coking coal mine underway has started. All that is needed now is a lift in the coal price.
A rights issue for a major South Island mine development has fallen well short of its target.
Few doubt that the coking coal price will remain near the basement for some time and that may hold up a new coal development in NZ for up to two years.
What happens when you produce figures to show the coal industry was being subsidised by governments in Australia to the tune of billions? Then you are like the Australia Institute and forgetting the reality of royalties and taxes, and personal tax from the jobs you create.
Solid Energy told us early this month that a new severe workforce cut at its flagship Stockton mine and there will also be reduced production.