Govt blocks land sale for Waihi tailings expansion

Gavin Evans
Fri, 03 May 2019

By Gavin Evans May 3 (BusinessDesk) - Miner OceanaGold has had its bid to buy land for a new tailings dam near its Waihi mine turned down by the government. The ASX-listed firm, New Zealand’s biggest gold miner, is mostly owned by US and UK investors and needed Overseas Investment Office approval to buy about 178 hectares of farmland on Trig Road south-east of the town. Its provisional recommendation, provided in November, was that the purchase be approved. But while Associate Finance Minister David Clark believed the purchase was l...
Opinion
PATTRICK SMELLIE: Only two things can rescue Muller and the National Party now
Pattrick Smellie | Sun, 12 Jul 2020

Only two things can now save Todd Muller from the growing likelihood of a crushing electoral defeat.

Opinion
ON THE MONEY: Boag, BNZ, Crimson and more
Victoria Young | Sat, 11 Jul 2020

Professional distancing We’re sure public relations expert and National Party stalwart Michelle Boag has had a few ups and downs in her colourful career, but you know things are rough when one of your...

Opinion
JEHAN CASINADER: Politicians are the worst advertisement for democracy
Jehan Casinader | Sat, 11 Jul 2020

In Wellington, when it rains, it pours.In recent weeks, there has been a steady stream of political scandals. Blunders, sagas, hiccups and missteps – too many to count.These events remind us why so ma...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.

Sponsored: What’s next for the future of the office?

Think everyone is going to keep working from home? No so fast, says Milford Asset Management.