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Latest News from NZResources.com
After almost a decade, this will be the last posting for NZResources.
One of the ancient civilisations where gold mining goes back at least 5,000 years, and is a significant mining contributor today, will be the subject of next month’s talk for the AusIMM Auckland Group.
Controversial political and business identity Clive Palmer through his Mineralogy company has re-establishment itself in New Zealand. The agenda may look positive for some but will raise questions for others.
One of New Zealand’s most successful gold dredging operations is coming to an end and the owners are considering selling the plant or looking for new opportunities.
Latest data released this week and market observations show a slight increase in inflation in New Zealand.
Jacinda Ardern has had a successful and very public visit to the UK and Europe. Columnist Dene Mackenzie looks at issues she faces when she gets home.
Women involved in mining in New Zealand will be able to apply for scholarships for up to $7,000.
Genesis Energy detailed its strong energy output and swaption activity in the December quarter but pointed to output pressures on the Kupe gas and oil field.
Z Energy and all its motoring customers benefited from the lower price of crude oil in the December quarter.
Bathurst Resources had a strong quarter for its operations and those of its joint venture operations with one of the lifts coming from the North Island domestic operations.
The Mystery Vein within the historic Talisman mine at Karangahake is showing up an encouraging extension for New Talisman Gold Mines.
For the seventh consecutive year OceanaGold revealed yesterday it had achieved its production and cost guidance.
The gold and silver grades are great for a renaissance at Karangahake but the red tape, vocal protestors and apparent Government indifference are headaches for New Talisman Gold.
The town of Reefton and its surrounds has been given another cog for a mining revival with a Perth junior company investing in a private company that has taken up several historic leases in the area.
Australian mineral royalty company Royalco Resources still has its fingers crossed on the hopes for a gold mining revival in two areas of the South Island.
Gold shares are moving back into vogue early in 2019 and North American brokers are doing research on OceanaGold.
OceanaGold appears set to end its calendar year production on a high. Correspondent Simon Hartley and Craigs Investment Partners broker Peter McIntyre look back on the company’s year.
Oil & Gas News
An Australian junior producer wanting to expand its profile in Australia is picking up the Innamincka field licences from Beach Energy.
An innovation system for Z Energy will see motorists being billed for fuel through a technology system that recognised a car number plate.
A jack-up drilling rig will arrive in Admiralty Bay early next month to help with service and maintenance work on offshore production fields now held by OMV New Zealand.
While New Zealand has challenges ahead with domestic gas supply the LNG exports from Australia in 2018 hit a new record.
A company controlled by New Zealand Oil & Gas has seen its minority shareholders support the Wellington-based company gaining equity in two offshore permits in friendlier foreign waters.
Coal, Lignite & CSG/CBM News
The global importance of coal may be better understood in Australia than in New Zealand but key Queensland lobbies are taking the campaign to a public being brainwashed by opponents.
A specialty nitrogen plant has arrived on site at the ruined Pike River colliery to help the planned re-entry into what is currently a methane-filled mine.
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.
Other Metals & Minerals News
There is a substantial and apparently unfriendly takeover bid underway on the Australian bourse involving two chief executives with strong New Zealand links.
December quarter equity production for Rio Tinto from the Tiwai Point aluminium smelter was marginally better than in the September quarter but there should be a lift in the March quarter with the reactivation of a potline.
The board of iron ore hopeful Flinders Mines, controlled by New Zealand Todd family, has been forced to delay a shareholders meeting on a proposal to delist the company.
The pioneering seabed miner Nautilus Minerals, which has strong Kiwi connections, has gained a fresh loan from its two major shareholders and is looking at optional forms for financing issues.
Minority shareholders are unhappy with the terms offered for the delisting of aspiring Western Australian iron ore miner Flinders Mines.
Renewable Energy News
A Dunedin company has produced a smaller single blade wind turbine ideal for private and small community use.
A parliamentary committee was told yesterday by an energy company chief executive that hydrogen energy may be years away from being commercial and in the interim Huntly power station will remain an essential backup for renewable energy.
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.
With a full takeover bid being just avoided Tilt Renewables has announced a share allotment right to senior staff.
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
Scientists from New Zealand and America have been studying the Antarctic Sea Ice and have some concerns about recent changes.
White Island is often bubbling as New Zealand’s most active volcano and scientists are noting another potential overflow on its Crater Lake.
A sophisticated new geohazard monitoring centre has been set up for GNS Science to enhance the requirement for a quick response.
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.
Economics, Politics & Government News
Finance Minister Grant Robertson was clearly pleased with the latest figures from Treasury related to the five months to November 30 last year.
The new Government has aroused a lot of comment about its committees and inquiries it has formed, and the market analysts are wanting to see what will come from some of these initiatives.
This has been an entertaining year for political journalists in New Zealand and our commentator Dene Mackenzie considered the one least caught up in the mire was Justice Minister Andrew Little.
Finance Minister Grant Robertson talked of compelling numbers in the December update for the Budget.
Since becoming Government, the Labour Party has been bedevilled by strike moves and wage claims but it has just avoided a public stain through an Air New Zealand strike being avoided.
The setting of guidelines for the Comprehensive and Progressive Trans-Pacific Partnership in Tokyo is a prelude to a meeting of this trade partnership in New Zealand later this year.
New data shows that Otago and Southland have, in economic terms, faired much most other regions of the country.
Latest data shows a general drop in services activity in New Zealand though the figures remained healthy in Otago and Southland where there is still a shortage of skilled workers.
Major listed energy provider Trustpower diversified further in the December quarter into the communications sector.
The importance of the Huntly coal and gas-fired units at Huntly as a back-up for renewable energy supply was shown in the December quarter by Genesis Energy.