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Glass Earth shares up 22 percent on option to buy Coromandel goldmine
Nov. 20 (BusinessDesk) - Gold miner Glass Earth has gained rights to take over the Neavesville gold and silver prospect currently controlled by Canadian resource developer Eurasian Minerals. A complex set of arrangements will see Glass Earth make limited up-front payments with...
Bathurst chairman slams never-ending appeals in NZ system
Nov. 20 (BusinessDesk) - Bathurst Resources chairman Craig Munro has thanked shareholders for their patience as the would-be Denniston Plateau coal miner deals with "what seems like the never ending appeals process that allows minority groups to stifle development in New Zealand....
Fletcher sees earnings growth of up to 22 percent in 2013, shares gain to 13-month high
By Paul McBeth Nov. 20 (BusinessDesk) - Fletcher Building, the biggest company on the NZX, expects operating earnings to grow by as much as 22 percent in the 2013 financial year as new home construction accelerates and the firm keeps a lid on costs. The shares rose to $7.65, the...