Infrastructure
Advent Gold defers listing plan after Waihi decision
By Gavin Evans May 29 (BusinessDesk) - Advent Gold has deferred plans for an initial share offer on the ASX following the government’s rejection of a land sale for a new tailings operation at OceanaGold’s Waihi mine. The firm, which has an exploration permit near Reefton an...
NZ can play role in minerals-intensive shift to low-carbon - Parker
By Gavin Evans May 28 (BusinessDesk) - The global shift to a lower carbon economy will require greater development of mineral resources and New Zealand is well-placed to show how that can be done, Economic Development Minister David Parker says. Rapidly developing energy te...
UPDATE: Mainfreight shares rise on 28% lift in FY net profit, sees momentum
(Recasts lede to include share price reaction, updates share price in 3rd paragraph, adds broker comment from 7th paragraph) By Rebecca Howard May 28 (BusinessDesk) - Mainfreight's shares rose 4.2 percent after the company reported a 28 percent lift in full year net profit...
Eroad plays down patent dispute as accounting changes cloud result
By Paul McBeth May 28 (BusinessDesk) - Eroad is playing down a claim that it's infringed someone's patent, saying it's so confident of its position that is hasn't made any provisions for the claim. The logistics and fleet management technology firm said it might incur lega...
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