Bathurst hopes for September appeals hearing, shares fall

Article – BusinessDesk

Feb. 13 (BusinessDesk) – West Coast coking coal miner Bathurst Resources expects it will be September at the earliest that the Environment Court will hear the appeal by environmental groups opposing resource consents granted for its Escarpment open … Read more »

Government tenders for disaster

Press Release – Green Party

The Government’s decision to open up 25 new blocks for oil and gas exploration is an old fashion economic strategy that ignores New Zealand’s potential to lead the world in renewable energy generation, the Green Party said today. Read more »

Solid Energy seeks consent for 5M tonne Stockton coal mine

Article – BusinessDesk

Feb. 9 (BusinessDesk) – State-owned coal miner Solid Energy has lodged resource consent applications for major new mining operations on the Stockton Plateau, targeting five million tonnes of high-grade coking coal, which is in demand internationally … Read more »

Petroleum Blocks Offer Supported by Industry

Press Release – PEPANZ

The petroleum exploration industry has welcomed the announcement of new exploration acreage being released for tender. Read more »

Solid Energy seeks consents for new mining block at Stockton

Press Release – Solid Energy NZ

Solid Energy has applied to the Buller District and West Coast Regional Councils for consent to develop a 5 million tonne coking coal resource at Stockton Opencast Mine north of Westport. Read more »

Next steps towards oil and gas exploration

Press Release – Ministry of Economic Development

Improvements in the process for permitting exploration for oil and gas will be implemented this year. “From 2012 we will exclusively use a ‘block offer’ annual competitive tender process to allocate permits for oil and gas exploration, and no longer use … Read more »

Changes imminent to Otago Water Plan

Press Release – Otago Regional Council

MEDIA RELEASE February 9 2012 Changes imminent to Otago Water Plan Two important changes to the Regional Water Plan for Otago are about to become operative, building on the regulatory work already done to improve water management in the region Plan … Read more »

Chatham Rock Phosphate welcomes new neighbour

Press Release – Chatham Rock Phosphate

Chatham Rock Phosphate today welcomed news that another company has been recently granted an exploration permit to explore rock phosphate reserves on the Chatham Rise. Read more »

Pike River Royal Commission reporting date extended

Press Release – New Zealand Government

On Cabinet’s advice, the Governor-General has extended the reporting date for the Royal Commission of Inquiry into the Pike River mine tragedy to 28 September 2012, Attorney-General Christopher Finlayson announced today. Read more »

NZ mining consent system ‘encourages delay’, Bathurst says

Article – BusinessDesk

Feb. 7 (BusinessDesk) – New Zealand’s resource management consent process creates “real opportunites for a project to be intentionally delayed” by its opponents, says Bathurst Resources managing director Hamish Bohannan. Read more »

Solid Energy buys back 49% stake in Spring Creek coal mine

Article – BusinessDesk

Feb. 2 (BusinessDesk) – Government-owned coal miner Solid Energy said it has bought back the 49 percent of Spring Creek Mining Company it sold to US multinational Cargill in March 2007 for an undisclosed price. Read more »

Solid Energy full ownership of Spring Creek Underground Mine

Press Release – Solid Energy NZ

Solid Energy has bought back Cargill’s 49% share of Spring Creek Mining Company, the owner of Spring Creek Underground Mine near Greymouth. Cargill joined as the minority joint venture partner in March 2007 and supported a development programme … Read more »

MED BIM the sandwich, where’s the meat?

Press Release – New Zealand Labour Party

The Ministry of Economic Development’s Briefing to Incoming Ministers (BIM) released today highlights the huge vacuum that is National’s economic growth agenda, Labour’s Economic Development spokesperson David Cunliffe says. Read more »

Chatham Rock Phosphate may be affected by EEZ legislation

Press Release – Chatham Rock Phosphate

Chatham Rock Phosphate’s submission on the new Exclusive Economic Zone Bill will provide the Local Government and Environment Select Committee with an early example to consider when evaluating the proposed new legislation. Read more »

Dorado to sample rock phosphate on Chatham Rise

Press Release – Chatham Rock Phosphate

The research vessel Dorado Discovery will reach the Chatham Rise today to test bulk sampling equipment that Chatham Rock Phosphate plans to use later this year. Read more »

Christchurch Company Secures Major International Contract

Press Release – Recover Canterbury

A face-to-face meeting in the USA proved to be the turning point for a Christchurch company, which has just secured a major US contract to supply parts for a drilling product designed in Timaru. Read more »

Pike River hearing – Greymouth District Court

Press Release – Department Of Labour

All charges against the three parties charged by the Department over the Pike River tragedy have been adjourned until 27 March 2012 in order that initial discovery may be completed. Read more »

Former Pike CEO’s role as safety consultant insensitive

Press Release – Engineering Printing and Manufacturing Union

Former Pike River CEO Peter Whittall’s role as a mine safety consultant is insensitive to the families of the Pike 29 and a slap in the face to the mining community, says the Union that represents miners. Read more »

MARKET CLOSE: NZX50 gain as low rates bolsters confidence

Article – BusinessDesk

Jan. 27 (BusinessDesk) – New Zealand shares gained for a third day as the prospect of globally low interest rates for an extended period stoked investors’ appetite for riskier, or higher-yielding, assets such as stocks. Fletcher Building paced gainers. Read more »

NZOG takes $21 million hit on PRC investment, shares fall

Article – BusinessDesk

Jan. 26 (BusinessDesk) – New Zealand Oil & Gas, the largest shareholder in Pike River Coal, will take a $21 million impairment charge on the rest of its investment in the mine. Read more »

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