The Regions Matter – Give Them a Share of Royalties

Press Release – New Zealand First Party

The West Coast is reeling today from more job losses, and the National Governments total neglect of the regions means there is nothing to soften the blow, says New Zealand First. Read more »

Layoffs more evidence coal won’t provide secure jobs

Press Release – Coal Action Network

Further layoffs expected today at Solid Energys Stockton mine are a warning that coal cannot be relied on for community prosperity and jobs says Coal Action Network Aotearoa (CANA). Read more »

Solid Energy prepares for more job cuts at Stockton

Article – BusinessDesk

June 5 (BusinessDesk) – Continuing weakness in world prices for high grade coking coal appears likely to trigger a new round of job losses at Solid Energy’s main open-cast coking coal mine, Stockton, bringing further bad news to the Westport community following … Read more »

Bathurst seeks up to $2.67 mln in rights issue

Article – BusinessDesk

May. 29 (BusinessDesk) – Bathurst Resources, which raised A$7.39 million in a discounted placement to institutional investors last month, is seeking up to $2.67 million in a rights issue, to help fund the development of its Escarpment open-cut coal mine … Read more »

Minister congratulates EECA Awards winners

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges tonight congratulated the winners and finalists in the 2014 EECA Awards. The line-up of exciting projects at the EECA Awards tonight demonstrates that New Zealand businesses and community organisations … Read more »

Doctors back healthy, just transition for coal communities

Press Release – OraTaiao

The Health group OraTaiao: The New Zealand Climate and Health Council has welcomed todays launch of the report Jobs After Coal by Coal Action Network Aotearoa (CANA). Read more »

New report shows coal has no role

Press Release – Forest And Bird

New report shows coal has no role Forest & Bird says a significant new report released this morning shows that Bathurst Resources planned open cast coal mine on the West Coasts Denniston Plateau is not just in the wrong place but that coal … Read more »

Coal mining brings no prosperity to communities

Press Release – Coal Action Network

Wellington 22 May 2014– Coal mining and poor communities go hand in hand in New Zealand, according to new research by the Coal Action Network Aotearoa. New Zealands coal mining communities generally have fewer full time jobs and lower per capita … Read more »

Dunedin City Council dumps fossil fuels – reaction

Press Release – Coal Action Network

Coal Action Network today congratulated the Dunedin City Council for dumping its fossil fuel investments because of climate change, warning that investments like Westpac Banks loans supporting coal mines in NZ will be coming under increasing … Read more »

Bathurst raises A$7.93M in placement to help fund Escarpment

Article – BusinessDesk

April 16 (BusinessDesk) – Bathurst Resources raised A$7.39 million in a discounted placement to institutional investors to help fund development of its Escarpment open-cut coal mine on the Denniston Plateau near Westport. Read more »

Bathurst Resources needs extra day for capital raising

Article – BusinessDesk

April 14 (BusinessDesk) – Bathurst Resources says it needs an extra day to complete a discounted share placement raising funds to develop its controversial Escarpment open-cut coal mine on the Denniston Plateau near Westport. Read more »

Bathurst Resources raising up to $6.87mln in placement

Article – BusinessDesk

April 14 (BusinessDesk) – Bathurst Resources, which has cut jobs and delayed the start to its controversial Escarpment open-cut mine on the Denniston Plateau pending a recovery in coal prices, may raise up to $6.87 million in a discounted share placement. Read more »

Kiwis Dump Westpac over Fossil Fuel Investments

Press Release – 350 Christchurch

Today 8 Westpac customers gathered in Christchurch to hold a mass Westpac bank account closing event. More than 160 people all over the country have signaled they plan to close their Westpac accounts this week as part of a campaign led by 350 Aotearoa … Read more »

Bathurst Resources has shares halted

Article – BusinessDesk

April 14 (BusinessDesk) – Bathurst Resources, which has cut jobs and delayed the start to its controversial Escarpment open-cut mine on the Denniston Plateau pending a recovery in coal prices, had its shares halted pending a material announcement. Read more »

Solid Energy gearing stuck around 70% unless prices recover

Article – BusinessDesk

April 11 (BusinessDesk) Solid Energy continues to forecast far higher levels of debt than sector peers and does not expect that to improve until international coal prices recover, Parliaments commerce select committee says in a report on … Read more »

Straterra Minerals Briefing Paper Launch at Parliament

Press Release – Straterra

Mining is vital to the way we live, and we believe it is time New Zealanders had the facts about how mining is integrated into their everyday lives, announced Straterra CEO Chris Baker, at the launch of Straterras Minerals Briefing Paper … Read more »

Mining lobby seeks less regulatory confusion, freer hand

Article – BusinessDesk

April 8 (BusinessDesk) The mining industry lobbyist, Straterra, is calling for improved administration of New Zealands environmental and minerals regulations and wants the low-impact activities of mineral prospecting and exploration made automatically … Read more »

NZ government to sell full 49% of Genesis Energy

Article – BusinessDesk

March 26 (BusinessDesk) The government will sell 49 percent of Genesis Energy in the last of its scheduled asset sales after feedback from institutions and brokers gave it confidence it didnt need to reduce the size of the selldown. Read more »

NZ Super Fund eyes North American energy market with US$250M

Article – BusinessDesk

March 21 (BusinessDesk) – The New Zealand Superannuation Fund will invest up to US$250 million with New York Stock Exchange-listed KKR to gain exposure to the growing disruption in North American energy markets created by shale oil and gas resources. Read more »

Bridges: Speech to NZ Energy Conference 2014

Speech – New Zealand Government

Energy is an integral part of our lives. It is the foundation on which we build economic growth, prosperity and progress in our societies. Across the globe, we are all facing the same basic energy challenge. Read more »

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