OceanaGold reports record first-quarter gold output from Didipio, group sales rise 25%
By Jonathan Underhill April 29 (BusinessDesk) - OceanaGold, the gold and copper miner, said it achieved record gold production from its Didipio mine in the Philippines in the first quarter and lifted group sales by 25 percent, although accounting adjustments dented profit....
NZ dollar gains as BOJ inaction weighs on greenback, RBNZ rate cut case weakens
The New Zealand dollar rose after the Bank of Japan's decision not to expand its stimulus measures drove up the yen against the greenback and left traders who were long US dollars looking for other currencies to transact with. The kiwi rose to 69.54 US cents as at 8am in Welli...
Volatile day for kiwi dollar as central banks drive the action
By Jonathan Underhill April 28 (BusinessDesk) - The New Zealand dollar fell to its lowest level in more than a week against the yen after the Bank of Japan surprised the market by not expanding its monetary stimulus, rounding out a day of volatility tied to central bank action...
Fonterra says season-to-date milk collection down 3% in NZ, down 1% in Australia
By Jonathan Underhill April 28 (BusinessDesk) - Fonterra Cooperative Group says milk collection is down in both New Zealand and Australia in the first 10 months of the season, reflecting destocking in its home market in the face of low milk prices and unfavourable weather acro...
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