Hamish Bohannan has resigned from Bathurst Resources after five years leading a coal miner whose expansion has been put on hold pending a recovery in coal prices.   Bohannan joined Bathurst in 2008 and played a key role establishing the company as a coal producer and driving the heavily contested consenting process for its Escarpment project on the Denniston Plateau. The company has since restructured …

New Zealand lamb wool prices fell from a four-year high at auction last week as a rising local currency made the fibre more expensive for overseas buyers.   The price for clean lamb wool slipped 2.3 percent to $6.50 per kilogram from the previous week’s auction, which was the highest since February 2011, according to AgriHQ. The average price for …

2Degrees, New Zealand’s third-largest mobile telecommunications provider, is to acquire Christchurch-based internet service provider, Snap, to allow it to compete more effectively for business customers by offering a full range of mobile, broadband and fixed-line voice telephony using the internet.   The purchase, for an undisclosed sum, formally links the two companies, which have been in a selling partnership arrangement for the …