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By Simon Hartley

The sudden closure of a Dunedin engineering works comes as work orders dry up just before Christmas.

By Simon Hartley

Business and industry leaders see closure of a local engineering works as making the development of a regional engineering hub in Dunedin as vital.

By Ross Louthean

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.

Recent News

Gold News

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.

Other Metals & Minerals News

There was an important ceremony at Tiwai Point yesterday for New Zealand Aluminium Smelter and the Southland region with the official re-opening of Potline 4 at the smelter.

Nautilus Minerals is in discussions with parties that may fund completion of the special production vessel for the Solwara-1 seabed mining project.

BlueScope Steel has been conducting presentations and investor visits to its various ASEAN operations to highlight its global reach in steelmaking and product marketing.

A listed resources sector investor which has a skinny share price and cash position has retained an offer to make itself a backdoor route for any company seeking to list on the New Zealand bourse.

With the Government having applied a sledgehammer to resource development in New Zealand it’s good to see that the Provincial Growth Fund will support a garnet mining project on the West Coast.

Renewable Energy News

With a full takeover bid being just avoided Tilt Renewables has announced a share allotment right to senior staff.

NZ Windfarms which has undergone a year of significant changes is now to get a new director and a change at the top.

Despite all the rhetoric New Zealand may never be totally operating with renewable energy but there are greater and costly questions on going too far with renewables in Australia.

By the time the full takeover bid for Tilt Renewables had run its course, the bare knuckled result showed the two key shareholders failed to reach the 90% mark for a mandatory takeover.

Hydrogen energy has been a technology that has been around for decades and recent refinements have encouraged Ports of Auckland to develop the first develop the first plant in New Zealand.

Environment News

A total of 150 years ago to today a massive earthquake off South America saw a huge tsunami sweep across the Pacific, hitting New Zealand and causing fatalities on the Chatham Islands.

By switching to ground power instead of inbuilt aircraft supply while at NZ airports international Air New Zealand flights were generating big savings on jet fuel and also lowering the carbon footprint.

The faulting under Dunedin may be greater than originally thought but a new GNS Science led study is not ringing any alarm bells.

The top of the North Island had a nasty jolt with a 5.4 magnitude earthquake. Fortunately it was quite deep.

New Zealand scientists and a prominent university have joined forces to support food authentication requirements for developing nations

Education, Science & Technology News

Key old maps help scientists better define the location of the historic Pink Terraces and White Terraces.

Scientists have produced a new global map that shows where major earthquakes have occurred across the globe.

An organiser who lived through the Canterbury earthquakes has been appointed as new head of the Resilience Challenge Governance Group.

The Snares Islands off the South Island was again scene of a significant earthquake early yesterday afternoon.

GNS Science is collaborating with city authorities to undertake a survey aimed at understanding what structural damage has or could happen in NZ cities.

Economics, Politics & Government News

There are kinks in the armour of the Coalition Government as it moves into the festive season and more questions are being raised about the cost of constant inquiries and new committees.

In recent times the Government’s worst enemies have been its ministers and Dene Mackenzie looks at the political carnage.

The minister responsible for housing has a blueprint that may irk the major city mayors, who are also from the same political spectrum.

National is asking a lot of questions in Parliament but to gain more traction it needs to ask more questions of public impact.

Jacinda Ardern was prominent on the world stage in Singapore while there was more political stumbling by her colleagues back home.

Other News

The big AusIMM Pacrim 2019 conference in Auckland will feature a good sprinkling of presentations on New Zealand geology and projects.

Z Energy has indicated it is not wedded to conventional fuel-driven vehicles but it will move with the flow rather than jumping into the electric vehicles scene.

There will be some varying economic changes in regional areas with the Auckland region expected to lift, while Wellington will benefit from increased Government spending.

The easing of tensions between the US and China on trade tariffs has provided some warmth for the Kiwi dollar.

A roadshow now going through New Zealand for Mercury NZ paints a positive picture for the new financial year.