Bathurst Resources has lost its appeal against a US$40 million performance payment on coal production from its mothballed Buller operations. The company, New Zealand’s biggest coal miner, said it’s reviewing its legal options after the Court of Appeal confirmed the 2018 decisi...
Genesis Energy has trimmed its full-year earnings guidance by $5 million, citing lower-than-expected production from its Tekapo and Waikaremoana hydro schemes. Drought in the North Island has reduced generation inflows this year, prompting an earlier downgrade by Genesis in Fe...
Trans-Tasman Resources has gone back to court in a bid to keep alive a proposed seabed mining project off the southern Taranaki coast. The firm, which wants to mine mineral-rich iron sands from the seafloor more than 20 kilometres off the coast, has sought approval from the Su...
Fletcher Building plans to resume work on the SkyCity International Convention Centre and hotel as soon as the nation's full lockdown ends on April 28. New Zealand will go from the lockdown of everything other than essential services, known as alert level 4, to level 3 just be...
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articles by Oliver