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Just when the dairy sector was looking healthier, Fonterra reveals a sad financial result from a venture in China.
As analysts predicted there was no change to the official cash rate. However, the US Fed rates rise may see some changes ahead.
Gas and coal fired power played a key role in New Zealand’s energy demands in the December quarter, primarily because of a long dry period.
The Prime Minister has asked President Donald Trump to exclude New Zealand from its new steel and aluminium tariffs. While Australia may be been excluded from the tariff, New Zealand’s position is clouded.
Trustpower and its major shareholder would have both experienced a sign of relief over the TECT decision this week that may have caused some angst on future dividends to regional shareholders.
The University of Otago has found that wild storms have shown up how far sub-Antarctic marine life can travel.
A major mouse-eradication problem on Antipodes Island will allow help bird life to thrive again on this remote New Zealand dependency.
The spend and consequent operating loss for Nautilus Minerals in 2017 was substantial as the company advances the world’s first seabed massive sulphides mining project.
New Talisman Gold Mines has been advancing test work on high grade ore at the Talisman gold mine and now looking at a pilot plant blueprint.
A Government investigation was not able to find any conclusive evidence of steel dumping in New Zealand from either China or Malaysia.
Gold historians may have to rewrite their records about the first gold mine in New Zealand following an archaeological quest in the deep-south.
OceanaGold has appointed a well-credentialed new non-executive director who will take up the appointment at the beginning of next month.
The aspirations for a lift in exploration at the Neavesville gold prospect, impacted by heavy storms last year, are still awaited from an Australian explorer.
The city involved in the origin of the Macraes gold mine for OceanaGold and its forerunners will be venue for a presentation on the company’s new American gold mine.
The Gold 17 Conference was held in Rotorua last year and it prompted organisers to run Gold 18 in Perth this year.
Oil & Gas News
One of New Zealand’s leading petroleum market analysts believes OMV may find some hurdles ahead in its purchase of Shell NZ assets unless it modifies its position.
The gross refining margins in all currencies in January and February were impressive for Refining New Zealand.
There has been some political jockeying by politicians, industry and regional groups following Jacinda Ardern’s comments on the possibility of no new oil exploration permits. Whether she realises it some economic damage has occurred.
There will be a new face representing Z Energy on the board of Refining New Zealand as from today.
The annual New Zealand Petroleum Conference will be held in Wellington next week and it would be nice if the media spends more time listening to key speakers than dealing with the anti-oil protesters outside.
Coal, Lignite & CSG/CBM News
The environmental group Forest & Bird will appeal the High Court decision against it relating to the proposed Te Kuha coking coal mine.
Developers of the new coal mine near Westport have had a win in the High Court against Forest & Bird but there another legal confrontation ahead.
The outrage on Valentine’s Day about ongoing coal use completely bypassed the issue that without the Huntly power station New Zealanders could have been in the dark recently.
The Land Information Minister, Eugenie Sage, who is also Conservation Minister defended her reasoning for not allowing Bathurst Resources to take up a mothballed mine in the Buller coalfield, and only showed her true Green colours.
How do you create new mining jobs on the West Coast? Perhaps it’s a good idea to find ways to bypass the anti-mining Conservation and Lands Minister.