OceanaGold Corp’s after-tax profit for the 2012 calendar year more than halved from the previous year despite a 55 percent increase in gold production in the fourth quarter compared to the previous three months to Sept. 30. The Melbourne-based New Zealand and Filipino gold miner declared a tax-paid profit of US$20.67 million, down from US$44.17 million the previous year, reflecting …

Convicted Capital + Merchant fraudsters Wayne Douglas and Neal Nicholls have pleaded guilty to Securities Act charges of making untrue statements in offer documents laid by the Financial Markets Authority. The guilty pleas by the former directors of the failed finance company follow those of fellow directors Robert Sutherland and Colin Ryan, who are to be sentenced in Auckland next …

Steel & Tube Holdings, the building products firm whose majority shareholder exited its holding in October, posted a 14 percent gain in first-half profit and expects second half results to exceed those in the first six months of the year. Profit rose to $7.29 million, or 8.3 cents a share, in the six months ended Dec. 31, from $6.37 million, …