Sharechat Logo

Third explosion at Pike River mine

Friday 26th November 2010

Text too small?

A third explosion has reportedly rocked the Pike River coal mine, almost a week to the minute after the initial blast.

Chairman John Dow said the blast was smaller than the previous two explosions, which probably killed 29 miners, according to stuff.co.nz reports.

Pike River Coal's board met today to discuss the mine's future. Dow told reporters the company has up to $100 million of insurance coverage for business interruption.

BusinessDesk.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Devon Funds Morning Note - 17 February 2025
CEN - Delivering new renewables while supporting security of sup
Bremworth announces strategic review
AIA - January 2025 Monthly traffic update
PFI - Acquisition - 316 Neilson Street, Penrose, Auckland
RYM - Anthony Leighs to retire from Ryman Healthcare Board
Meridian Energy monthly operating report for January 2025
February 14th Morning Report
MCY - Interim results presentation details
FWL - Resignation of CEO and Director Mark Turnbull