OceanaGold cleared to continue Waihi operations
By Gavin Evans Dec. 18 (BusinessDesk) - OceanaGold has been granted consent to extend mining at its Waihi site by about 12 years. The company has been cleared to extend the Martha pit in the middle of Waihi slightly to the north so that it can reinstate the pit’s haul road...
Flick customer base drops to 15-month low amid high power prices
By Gavin Evans Dec. 17 (BusinessDesk) - High wholesale power prices saw Flick Electric’s customer base drop to a 15-month low in November. The firm, 70-percent owned by Z Energy, supplied just under 21,500 customers on Nov. 30 – down about 1,400 last month and down almost 3...
Mercury to sell meter business for $270 mln
By Gavin Evans Dec. 17 (BusinessDesk) - Mercury NZ has agreed to sell its Metrix metering business to IntelliHUB Group to simplify its business and focus on faster-growing activities. Metrix has about 90 staff and manages more than 460,000 electricity meters. Its sale – for...
Infratil signals A$50m investment in Canberra Data Centres
By Gavin Evans Dec. 14 (BusinessDesk) - Infratil says it expects to invest up to another A$50 million in Canberra Data Centres to help fund its on-going growth. The data business, which Infratil bought into in 2016, has just acquired the Eastern Creek data centre in Western...
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