Bathurst Resources says it’s received notice from the Environment Court that it will approve the company’s long-delayed and environmentally controversial application to do open-cast mining for coking coal on the Denniston Plateau. Bathurst had been in trading halt since yesterday afternoon. The shares did not move from the last traded price of 20 cents immediately following this morning’s announcement. Managing …

Shares in Diligent Board Member Services, the governance app maker hit by a slew of administrative mis-steps, surged after brokerage Craigs Investment Partners upgraded its recommendation to ‘buy’ from ‘hold’, saying a slump in the share price was overdone. Shares in New York-based Diligent jumped 11 percent to $6, making it the best performer on the New Zealand stock exchange …

Chorus’s board will probably have to cut its return to shareholders with promising signs in a government review of telecommunications law still likely to leave a hole in the network operator’s earnings, according to a broker’s report. While viewing the prospect of direct intervention in copper line pricing as a positive Craigs Investment Partners has cut its recommendation on Chorus …