Greymouth Petroleum director Jim Sturgess must take primary responsibility for the "destruction of trust" between himself and two other board members at the oil and gas company.

A High Court hearing gets underway in Christchurch this morning as environmental groups try more ways to stall mining on the Denniston Plateau.

Newmont Waihi Gold hopes to start work on its controversial $1 billion Correnso underground mine around the middle of next year.

Auditor General Lyn Provost says she will not carry out an inquiry into what led Solid Energy to the brink of collapse this year.

Bathurst Resources has cleared another hurdle in its struggle to start coal mining on the Denniston Plateau near Westport but still needs the blessing of courts and faces tough market conditions.

Ryman Healthcare's share price is making some in the market feel nervous that it is hitting bubble territory.

Australian mining company Bathurst Resources has passed a crucial hurdle to establishing an open cast coal mine on the West Coast's Denniston Plateau.

Solid Energy ex-chairman John Palmer opposed Treasury's wish to appoint an independent advisor to the company's board last year.

Writing in the journal Nature Geoscience, the scientists, backed by the Japan Agency for Marine-Earth Science and Technology, said rare earth minerals had been found in mud on the ocean floor.

The US hedge fund manager renowned for shaking up Yahoo! has set his sights on Sony, proposing that the Japanese electronics giant spin off up to 20 per cent of its movie, television and music division

Local market players believe the $2.50 per share price for Mighty River Power is a pretty good result...

Mighty River Power shares will cost $2.50 each, a price the Government says was hit by Labour and the Green's announcement of a controversial power policy.

A decision granting a company permission to mine beneath the eastern part of Waihi has left those on the other side of town worried they could be next, a residents group says.

Prime Minister John Key spoke to Fran O'Sullivan about Chinese investor interest in New Zealand following his official visit to China.

Consent has been granted for an underground gold mine under a residential part of Waihi, with a Green MP saying those affected will be devastated by the decision.

The controversial Labour-Greens electricity market policy which has knocked 6 per cent off the value of Contact Energy has probably reduced the price the Government will get for Mighty River Power.

An flight attendant claiming she suffered sexual comments from a drunk passenger and bullying by managers has failed in a personal grievance claim against Air NZ.

Nick McDonald on a few things to consider before investing in Mighty River shares.

The past few years have seen some successful floats in New Zealand - notably Summerset, Trade Me and the Fonterra Shareholders' Fund.

Market players are divided over whether a bubble is forming around booming New Zealand tech stocks.