OceanaGold Corp, which operates the Macraes gold mine in Otago, reported a 58 percent drop in first-quarter profit with sales down from a year earlier, and announced plans to buy the Waihi Gold Mine for US$101 million. Net profit fell to US$24.5 million in the three months ended March 31, from US$58.9 million a year earlier, the Melbourne-based company said in a statement. Sales …

Tourism Holdings, the largest campervan rental business in Australia and New Zealand, has boosted full-year guidance for a third time and hired First NZ Capital to review its capital structure. The Auckland-based company said it expects annual profit to be between $19.5 million and $20 million in the year ending June 30, from the $11.1 million it recorded in 2014. Tourism Holdings …

In the 2015 China Business report, the focus was on the latest Chinese trends affecting the New Zealand economy and business. We travelled to China to investigate how Beijing’s innovation drive was changing the Chinese commercial landscape and creating new opportunities for New Zealand companies; how New Zealand dairy companies were faring in a more competitive environment in China and …