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Fonterra lifts forecast payout
Fonterra says its opening forecast farmgate milk price had been set at $7.00 per kg of milk solids for the 2013/14 season - up $1.20.

Oil firm boss to blame for loss of trust, says judge
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.

Susan Watson: Small shareholders' rights of control are mostly illusory
In terms of time spent and where expertise sits, it is rational to leave the running of that business to the board and management, writes Susan Watson.

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

Newmont sets mid-2014 start for Correnso mine
Newmont Waihi Gold hopes to start work on its controversial $1 billion Correnso underground mine around the middle of next year.

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

Denniston Plateau mine a step closer
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 chair fought Govt plan
Solid Energy ex-chairman John Palmer opposed Treasury's wish to appoint an independent advisor to the company's board last year.

Mining the deep blue frontier
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.

US hedge fund chief targets Sony shake-up
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

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

Foreign MRP investors may be enticed
Mighty River Power stock may be in demand when it lists tomorrow from international buyers who are faced with low yields in their own markets.

Mighty River price hit by power policy
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.

Mining plan: Locals asking is it me next?
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.

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

Consent granted for Waihi gold mine
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.

Mighty River price fall fear
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.

Flight attendant's bullying claim fails
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.