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NZE:RGI

15 stories mentioning NZE:RGIUpdated 3d ago

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Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Thursday.Comvita (NZE:CVT): +4%, NZ$0.82Santana Minerals (NZE:SMI): +3%, NZ$0.66NZX (NZE:NZX): +3%, NZ$1.50EROAD (NZE:ERD): +2%, NZ$1.00Bankers Ord (NZE:BIT): +2%, NZ$3.51CDL Investments (NZE:CDI): +2%, NZ$0.64Channel Infrastructure (NZE:CHI): +0%, NZ$3.47ikeGPS Group (NZE:IKE): +1%, NZ$1.12Rua Gold (NZE:RGI): +1%, NZ$1.57Napier Port (NZE:NPH): +1%, NZ$3.62

^NZ50NZE:BITNZE:CDINZE:CHINZE:CVTNZE:ERDNZE:IKENZE:NPHNZE:NZXNZE:RGINZE:SMI
Asia

New Zealand Shares Flat, Spark New Zealand Launches Data Center Interconnect Service in Partnership With Ciena

New Zealand shares were flat with a positive bias on Wednesday while Asian markets were mostly lower as investors digested an intensifying US-Iran conflict.The S&P/NZX 50 was little changed to close at 13,819.43.The Middle East conflict widened on Tuesday as Iranian-backed Houthis in Yemen struck several Saudi cities, drawing a key US ally deeper into the war, while US forces attacked multiple Iranian oil tankers and Iran targeted a US military base in Jordan, according to a Reuters report.In domestic news, a total of 3,452 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) Pulse auction held Tuesday, with supply ranging from 3,200 MT to 3,650 MT, according to data from the trading platform.Further, New Zealand's economy likely grew 0.1% in the second quarter from the linked three-month period, ANZ said in a report as it revised its preliminary forecast of a 0.2% contraction.Also, Reserve Bank of New Zealand Assistant Governor Karen Silk said repurchase agreement, or repo, markets have grown significantly in recent years globally, supported by more government bond issuance and changes in regulation, risk appetite and market infrastructure, and because of this, repo markets matter more for monetary policy, according to a Wednesday speech.In corporate news, Spark New Zealand (NZE:SPK, ASX:SPK) said its unit Spark Wholesale is launching a dedicated data center interconnect service using Ciena's 1.6 terabit per second coherent technology.RUA Gold (NZE:RGI) completed 19,600 meters of drilling at its Auld Creek gold-antimony project in New Zealand, surpassing its 19,000-meter target, with four rigs continuing to test a mineralized resource that remains open in all directions.

^NZ50ASX:SPKNZE:RGINZE:SPK
Asia

RUA Gold Advances South Island Drilling Program With High-Grade Results

RUA Gold (NZE:RGI) completed 19,600 meters of drilling at its Auld Creek gold-antimony project in New Zealand, surpassing its 19,000-meter target, with four rigs continuing to test a mineralized resource that remains open in all directions, according to a Wednesday filing with the New Zealand bourse.Drilling intersected high-grade mineralization, including 2.7 meters at 23.2 grams per tonne gold equivalent, while detailed geological studies have refined drill targeting and strengthened confidence in the project's potential for significant resource scale and continuity, per the filing.Results from 18 additional holes are pending and are expected to contribute to an updated mineral resource estimate in the fourth quarter, the filing said.The company remains on track to submit its fast-track approvals application in October and release its pre-feasibility study in December, the filing added.

NZE:RGI
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Tuesday.New Zealand King Salmon (NZE:NZK): +2%, NZ$0.24Pacific Edge (NZE:PEB): +2%, NZ$0.25Rua Gold (NZE:RGI): +2%, NZ$1.51Vital Healthcare Property Trust (NZE:VHP): +2%, NZ$1.88SkyCity Entertainment Group (NZE:SKC): +1%, NZ$0.69Sky Network Television (NZE:SKT): +1%, NZ$3.73Henderson Far East Income (NZE:HFL): +1%, NZ$6.12Briscoe Group (NZE:BGP): +1%, NZ$4.50Property for Industry (NZE:PFI): +1%, NZ$2.31Scott Technology (NZE:SCT): +1%, NZ$2.93

^NZ50NZE:BGPNZE:HFLNZE:NZKNZE:PEBNZE:PFINZE:RGINZE:SCTNZE:SKCNZE:SKTNZE:VHP
Asia

NZX Biggest Losers

Here are the NZX-listed companies with the biggest losses on Friday.Santana Minerals (NZE:SMI): -4%, NZ$0.63Rua Gold (NZE:RGI): -4%, NZ$1.46New Zealand King Salmon (NZE:NZK): -2%, NZ$0.23Scott Technology (NZE:SCT): -1%, NZ$2.83Summerset Group (NZE:SUM): -1%, NZ$8.15New Zealand Rural Land (NZE:NZL): -1%, NZ$0.92Contact Energy (NZE:CEN): -1%, NZ$8.74

^NZ50NZE:CENNZE:NZKNZE:NZLNZE:RGINZE:SCTNZE:SMINZE:SUM
Asia

New Zealand Shares Rise; Chorus Partners With Nokia to Launch National Precision Timing Service

New Zealand shares ended higher on Wednesday as most Asian markets saw gains following a Tuesday rally in Wall Street shares, helped by soaring tech stocks.The S&P/NZX 50 Index rose 0.68% or 93.72 points to close at 13,997.18.On Tuesday, the Nasdaq Composite gained 2.6%, the S&P 500 added 1.8% while the Dow Jones increased by 1.7%.On the domestic front, New Zealand's seasonally-adjusted unemployment rate rose to 5.6% in the June quarter from 5.4% in the March quarter, data from Stats NZ showed.Also, a total of 40,504 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 37,045 to 44,702 MT, according to data from the trading platform.Further, the ANZ World Commodity Price Index fell 3.9% month over month in July, the largest monthly fall since November 2022, according to a report from ANZ Research.Meanwhile, New Zealand recorded NZ$16.1 billion of new lending in June, up 1.7% from May and over 7% higher compared with the same month a year earlier, according to data by the Reserve Bank of New Zealand.In corporate news, Chorus (NZE:CNU, ASX:CNU) partnered with Nokia to launch TimeSync, a national network-based precision timing service in New Zealand to support critical infrastructure, the telecommunications infrastructure company said in a statement on Tuesday.RUA Gold (NZE:RGI) received the required regulatory approval to begin exploration drilling at its Glamorgan epithermal gold project in New Zealand's Hauraki Goldfield.

^NZ50ASX:CNUNZE:CNUNZE:RGI
Asia

RUA Gold Secures Regulatory Approval to Launch Drilling at North Island Gold Project

RUA Gold (NZE:RGI) received the required regulatory approval to begin exploration drilling at its Glamorgan epithermal gold project in New Zealand's Hauraki Goldfield, according to a Wednesday filing with the New Zealand bourse.The company intends to launch a fully funded 9,000-meter initial drilling program in the fourth quarter, with exploration focused on the Sutcliff, Wires Ridge, and Tairua prospects from nine approved drill pads, per the filing.The company noted that exploration over the past two years identified significant gold, arsenic, and silver anomalies, extensive alteration zones, and deep resistive structures indicative of a major epithermal gold-silver system.Construction of protective fencing, exploration camps, and drill pads will begin immediately after the completion of ecological checks, the filing added.

NZE:RGI
Asia

RUA Gold's South Island Project Advances Under New Zealand's Fast Track Approvals Process

RUA Gold (NZE:RGI) has secured approval for its Auld Creek Project in New Zealand's Reefton Goldfield to proceed through the Fast Track Approvals Act referral process, according to a Friday filing with the New Zealand bourse.The company is developing a comprehensive application for mining permits, environmental clearances, water-use authorizations, and other regulatory approvals, with submission planned for the fourth quarter, per the filing.The project could be fully permitted by mid-2027 following successful approval, enabling early works to begin, the filing said.The company is advancing a preliminary feasibility study for an underground mine expected to operate for eight years, create 200 jobs, contribute NZ$240 million to the regional economy, and support a future processing hub, the filing added.

NZE:RGI
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.SkyCity Entertainment Group (NZE:SKC): +6%, NZ$0.57Gentrack Group (NZE:GTK): +4%, NZ$3.78Vulcan Steel (NZE:VSL): +3%, NZ$6.23Property For Industry (NZE:PFI): +3%, NZ$2.39Fletcher Building (NZE:FBU): +2%, NZ$3.73Marlin Global (NZE:MLN): +1%, NZ$0.75Stride Property Group (NZE:SPG): +1%, NZ$1.19Vista Group International (NZE:VGL): +1%, NZ$2.46Rua Gold (NZE:RGI): +1%, NZ$1.57Channel Infrastructure (NZE:CHI): +1%, NZ$3.24

^NZ50NZE:CHINZE:FBUNZE:GTKNZE:MLNNZE:PFINZE:RGINZE:SKCNZE:SPGNZE:VGLNZE:VSL
Asia

Rua Gold Files Preliminary Economic Assessment of South Island Project

Rua Gold (NZE:RGI) filed the preliminary economic assessment of the Auld Creek project in the South Island, New Zealand, according to a Monday filing with the New Zealand bourse.Assessment suggests the deposit could sustain a "modest" underground mining operation using selective mining methods suitable for the narrow-vein geometry of the mineralization, the filing said.The company plans to start a pre-feasibility study for the project with the goal of starting production in 2027, per the filing.Shares rose 1% in midday trade on Monday.

NZE:RGI
Asia

New Zealand Shares Rise; SkyCity Entertainment Enters Nonbinding Heads of Agreement with South Australia Gambling Commissioner

New Zealand shares rose on Friday as markets weighed in on the 14-point agreement between the US and Iran that finally reopens the Strait of Hormuz.The S&P/NZX 50 Index rose 0.99%, or 132.32 points, to close at 13,495.63.On Thursday, the Nasdaq Composite rose 1.9%, the S&P 500 gained 1.1%, while the Dow Jones inched up 0.1%.In domestic news, New Zealand recorded a goods trade surplus of NZ$800 million in May, compared with a surplus of NZ$1.6 billion in April, Stats NZ data showed.Also, the March quarter New Zealand gross domestic product (GDP) data showed that monetary policy easing was working, but through business investment and trade rather than the consumer, Jarden said in a note late on Thursday.In corporate news, SkyCity Entertainment Group (ASX:SKC, NZE:SKC) and SkyCity Adelaide entered into a nonbinding heads of agreement with the Commissioner for Liquor and Gambling in South Australia, which provides for a total fine of AU$21 million.Rua Gold (NZE:RGI) continued to confirm "significant" potential to expand the gold-antimony resource at its Auld Creek project in South Island, New Zealand.

^NZ50ASX:SKCNZE:RGINZE:SKC
Asia

Rua Gold Confirms Potential to Expand Gold-Antimony Resource at South Island Project

Rua Gold (NZE:RGI) continued to confirm "significant" potential to expand the gold-antimony resource at its Auld Creek project in South Island, New Zealand, according to a Friday filing with the New Zealand bourse.Recent drilling intersected 2.3 meters at 3.5 grams per tonne gold equivalent from 227 meters, 2.7 meters at 7.6 g/t gold equivalent from 269 meters, and 0.9 meters at 6.4 g/t grade of gold from 77 meters, the filing said.Geotechnical, hydrogeological, and metallurgical studies are in progress to support the pre-feasibility study and planned fast-track mining application expected in the fourth quarter of the year, per the filing.

NZE:RGI
Asia

Rua Gold Posts Flat Loss for March Quarter

Rua Gold (NZE:RGI) reported Thursday a loss of CA$0.05 per share for the March quarter, unchanged from a year earlier.The exploration-stage mining company did not report any revenue for the quarter.

NZE:RGI
Asia

Rua Gold Confirms Potential for 'Robust' Economics at Auld Creek Project in New Zealand

Rua Gold's (NZE:RGI) preliminary economic assessment (PEA) for its Auld Creek project in the Reefton Goldfield, New Zealand, confirmed the potential for "robust" economics from a high-grade, shallow underground starter mine, according to a Wednesday filing with the New Zealand bourse.The project is expected to produce an average of 26,665 ounces gold equivalent per year for an initial mine life of 5.5 years, with an all-in sustaining cost of $1,850 per ounce, the filing said.The PEA mine plan projects an after-tax internal rate of return of 17% and an after-tax net present value of $42 million, based on a long-term gold price assumption of $3,300 per ounce.The company expects the project to be fully permitted in the second quarter of 2027, per the filing.

NZE:RGI
Asia

Rua Gold Seeks Fast-Track Approval to Advance New Zealand Project

Rua Gold (NZE:RGI) applied under New Zealand's Fast-Track Approvals Act to accelerate permitting for its Auld Creek Project in the Reefton Goldfield, aiming to move more quickly from exploration to development, according to a Tuesday New Zealand bourse filing.If approved, the streamlined process could help the company obtain key consents faster, potentially speeding up development of an underground mine expected to operate for eight years, create around 200 jobs, and contribute about NZ$240 million to the regional economy, per the filing.The project has backing from local communities and stakeholders, with additional economic studies in progress, the filing said. The decision on the fast-track application is anticipated within the next three months.

NZE:RGI

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