The Monowai Cone out in the Kermadec Arc in the Pacific has provided a magmatic attraction for scientists after it went through a partial collapse and growth.
Columnist Dene Mackenzie talks to stockbrokers on the prospect of the Government providing an investment scheme for Kiwi mum and dad investors to not only take up shares but to hold them.
New Zealand and South Korea are going to get together for scientific research in Antarctica and one of the benefits for the NZ side of the quest is that the Republic of Korea has an ice breaker.
Bathurst Resources has new blueprints for developing new and expanding existing operations on the Denniston Plateau and has detailed them in an investor update this week.
The extent of environmental studies to assist in granting a mining licence on the marine phosphate deposits on Chatham Rise has been detailed by Chatham Rise Phosphate.
Mighty River Power has pointed out to the Taupo District council – a region where it has major geothermal operations – that a plan it has was not a level playing field for power generators.
The two groups bitterly opposed to new coal mining on the Denniston Plateau will continue to seek legal appeal despite the Environment Court recently discounting climate change as an issue for an appeal against coal mining consents.
The big infrastructure and energy investor Infratil Ltd had a strong year and, with its guidance, is indicating a stronger performance in the year to March 2013.
Canterbury University is one of the universities involved in developing a new diagnostic tool for monitoring and better understanding climate change.
The familiar name of Heritage Gold disappears from the share market boards today and in its place will be New Talisman Gold Mines.
The major shareholder of Contact Energy has secured the services of its chief financial officer Mark Elliott.
Right now Greece may be saying goodbye to the Euro and saying hello again to its old Drachma currency. The Reserve Bank of New Zealand is watching events in Europe and believes the local banking system is coping with the stress.
The Royal Society has just produced a paper on the need for greater studies and research for sustainable development of mineral riches in New Zealand’s vast oceans.
The Government has announced some new directors and re-appointments for State Owned Enterprises and it-s interesting to note that none of the changes involve any of the SOE-s earmarked for partial privatisation.
Only a few days ago TrustPower announced a profit life for the year to March and is now contemplating ways of being able to generate more power at opportune times.
The year ended March was a good one in financial terms for TrustPower which achieved a 17% increase in its profit line.
The importance of training for oil spill response for councils with marine environments saw a regional council north of the Taranaki oil and gas operations undertake a training programme.
Oil and gas company Cue Energy is looking to an appraisal well on the Maari field by the end of this year and on advancing talks with other members of the Maari field on the Pike permit in the same region.
Revival of a dead mine can produce widely conflicting views on the value of assets when one of the first criteria is to show it can be a commercial enterprise. In the case of the Pike River Coal mine assets there is an even more important issue – can the remains of 29 men be recovered.
The marine phosphate explorer Chatham Rock has raised more capital from its major new shareholder to progress its quest to prove a seafloor mining operation on Chatham Rise.
The modern office of Bathurst Resources near the top of Westport’s main street has been expanded with a portable unit to cater for the increasing need for people at its Buller coalfield operations and processing for the Environment Court appeal against consents for its Escarpment mine.
The Marsden Point oil refinery is back in business after a temporary shutdown.
The communications group Chorus is going through some fiscal hoops after what Dene Mackenzie says appears to have been misreading by investors of a Commerce Commission report last week.
A special update review on New Zealand by the IMF sees modest economic recovery in New Zealand, saddled with some still unknown costs with the reconstruction of Christchurch and the unknowns for exports with the European financial crisis.
Helicopter rescues are vital in the high country and rugged terrain of the South Island, and Solid Energy is again helping coordinate a fund raising that is well underway on the West Coast, with strong support from students.
The New Zealand ironsands explorer Trans-Tasman Resources has lifted its public profile by appointing two new directors – former Prime Minister Dame Jenny Shipley and an experienced steel industry executive with a background in the NZ ironsands business.
NZ Energy Corporation has been able to expand its acreage on the Eltham permit in the onshore Taranaki where it has established two production wells and is testing two others.
The sometimes questionable research into matters causing greenhouse gases and climate change has seen a Canadian newspaper highlight research at Palmerston North on sheep and cattle emissions – the old fart issue again!
The big utility Vector Ltd is undertaking a roadshow in which it paints a healthy figure on its financial performance.
The first rubber stamp on the sale of Pike River Coal and its assets has been made by Solid Energy but the recovery of remains of 29 men in the mine may be years away, if at all.
A gas pipeline linking the Hawkes Bay region to a gas field near Wairoa has been subjected to detail planning, according to the engineering firm involved.
Videos to let the public see the human face and role of the oil and gas industry are being made available by New Plymouth-based Venture Taranaki.
Corporate changes were announced yesterday for New Zealand Oil & Gas and Vector Ltd.
The seafloor mineral explorer Nautilus Minerals has provided an update with its March quarter report, though to yesterday, the financial figures appeared not to be publicly available.
The site of 90 trucks hauling equipment and machinery for Mighty River Power’s new geothermal plant would have been a fascinating site on the road from the Port of Tauranga.
If the world, with New Zealand as an obvious example, needs more offshore drilling rigs it also needs more specialist service vessels and the Hong Kong-based Swire Group plans to help remedy that situation.
The original chief executive of Pike River Coal Ltd, Gordon Ward, had avoided the limelight until a current affairs programme on Sunday and he has been placed under a media spotlight since.
The big bang that transformed a super volcano into a large lake at Taupo that saw traces of residue found as far away as Japan was not a simple eruption, and a group of Victoria University scientists and a NIWA expert have explained why.
One of the issues that may slow the progress of a major frontier oil quest in New Zealand’s southern waters is the global shortage of specialist drilling rigs. Simon Hartley indicates that may be the case for Anadarko Petroleum.
The lull in New Zealand gold and silver production is over. Newmont Waihi Gold has completed a major four months refurbishment of the mill that will now take ore from the new Trio mine and the Martha eastern layback.
The Labour Party is stepping up the angst on the Government’s plan for partial sale of State Owned Enterprises by claiming that Solid Energy can go beyond the 49% private ownership level.
While Brisbane-based Comet Ridge is putting a large part of its focus into coal seam gas targets in Queensland and New South Wales, it is maintaining work on its three New Zealand permits and is seeking to get extensions to its two exploration licences.
If Labour leader David Shearer feels insecure about his job after four months of leading the party, he was not showing it during a visit to Dunedin yesterday.
PEPANZ has made a submission on proposed new oil spill levies, pointing out that funds for system upgrades should not disappear into another Rena shipping disaster which was the responsibility of the owners, not the petroleum sector.
Over the years resource projects have been held up by objections and challenges from environment groups, some involving genuine concern, others using the system to stall. Bathurst Resources is contemplating seeking a -national interest- status for its Denniston Plateau projects.