Higher global aluminium prices have underpinned a tripling of underlying profit to $75million for New Zealand Aluminium Smelter, at its smelter in Bluff.
Dunedin niche engineering company Scott Technology has bought a multimillion-dollar US company, Transbotics Corporation, which makes automated guided vehicles, for an undisclosed sum.
Concrete crews worked on completing the fourth of 11 wharf extension pours at Port Otago this week.
The search for rare earth minerals in New Zealand could become the new battlefield for government regulatory changes to mining, environmentalists' concerns and the mining sector.
The number of new dwellings consented in April rose almost 30% on a year ago, but Otago and Southland were relatively flat in both numbers and value.
Global logistics company Mainfreight has posted an 8.7% profit increase to its full-year result to a record $112.2million, on the back of strong revenue gains in New Zealand and Australia.
Queenstown's highly competitive hospitality sector was in the spotlight on Monday night as winners of the inaugural 2018 Queenstown Hospitality Awards were announced.
The Government has established another task force, this time to review the Holidays Act.
Dunedin cancer diagnostic company Pacific Edge continues to grow its US laboratory testing and revenue stream, but again booked a loss, of $19.7million for its year to March.
A new $8million backhoe-dredge for Port Otago is making its way across the Pacific Ocean aboard a specialist heavy-lift ship on the last leg of its voyage to Port Chalmers from France.
Bellwether transport company Mainfreight is expected to report strong earnings growth when delivering its full-year result tomorrow and expectations are reported profit will be up more...
A multimillion-dollar project to restart a diatomite mine near Middlemarch, could lead to the creation of 100 jobs.
Steel & Tube’s sweeping downgrades this week have left brokers concerned with the steel distributor’s outlook, labelling the bad news clean-out "opaque".
Metro Performance Glass has reported a 16% decline in profit following flat sales in New Zealand and disruptions to its Australian expansion programme.
Under fire Steel & Tube came off a trading halt yesterday, announcing a more than $50million downgrade and the breaching of some of its banking covenants.
Port Otago has recently received a five-year resource consent term to continue operating its Kitchener St slipway, but stringent new conditions mean activity will be almost nil.
Dunedin company Farra Engineering is assembling its world-first high-rise-climbing work platform, which could revolutionise the recladding of tall at-risk buildings.
Housing market confidence has bounced back since the election eight months ago, with regional areas leading the way.
New Zealand's estimated gas reserves have been restated early following the Government's decision last month to quit offering any new offshore exploration permits.
Dunedin-based probiotics company Blis Technologies has described a more than $1 million annual loss as having evolved from a "year of two halves’’.