Seven-year extension for Macraes mine

Seven-year extension for Macraes mine
Gavin Evans
OceanaGold expects its Macraes mine in Otago to operate through to 2028 on the back of increased reserves estimates and the planned development of the proposed Golden Point underground mine. The company yesterday raised its estimate of proven and probable reserves at Macraes by 240,000 ounces of gold, including an initial reserves estimate for Golden Point of 160,000 oz. That saw the formal life of the mine, the country’s biggest gold producer, extended from 2021 to 2028. That assumes the life of the Frasers underground operation is al...

More Primary Sector

Aussie firm buys shuttered Gisborne sawmill
Primary Sector

Aussie firm buys shuttered Gisborne sawmill

Millari Group plans to hire workers and spend $50m upgrading the closed mill.

Oliver Lewis 11 Feb 2025
Comvita profit out by $4m, not $2m
Primary Sector

Comvita profit out by $4m, not $2m

Embattled honey firm uncovers further financial irregularities.

Staff reporters 10 Feb 2025
Meet NZ’s top ‘fish cop’ Steve Ham
Primary Sector

Meet NZ’s top ‘fish cop’ Steve Ham

Protecting NZ’s fisheries resources is his life’s work. 

Jem Traylen 06 Feb 2025
Zhiqiang Li takes helm as acting CEO of Westland Milk Products
Primary Sector

Zhiqiang Li takes helm as acting CEO of Westland Milk Products

Zhiqiang Li has taken the helm as acting chief executive of Westland Milk Products, effective today.The move follows the resignation of former CEO Richard Wyeth.Li will continue as executive director of Yili Group in Australia and New Zealand.Li said Wyeth joined the company four...

Rebecca Howard 31 Jan 2025