Northland Regional Council’s Northland Inc unit has signed a memorandum of understanding with Hawaiki Cable in a plan to link Whangarei in a Pacific-wide submarine fibre optic cable. Northland Inc, a council unit tasked with growing the region’s economy, will aid the landing and funding of the US$350 million cable in the New Zealand city by sourcing local investors, promoting …

State-owned electricity generator and retailer Genesis Energy says it is continuing to grow its customer base, thanks to new electricity and gas offerings, new energy-saving products, and ongoing acquisition of customers in the South Island. At June 30, Genesis had added 3 percent to its total customer base, with 543,774 electricity customers, 114,961 gas customers and 9,708 LPG customers, with …

Offshore mining of ironsands deposited in the southern Taranaki bight has come a step closer with the lodging of a mining permit application by TransTasman Resources, a privately held, Australian-led venture with plans for a multi-billion dollar export industry. TTR’s application is for a 65.76 square kilometre area between 22 and 35 kilometres offshore from Patea in an area where …