Monday 2nd May 2011 |
Text too small? |
Expressions of interests for Pike River Mine assets are due by Thursday.
The expressions were originally due by today but there had been a delay in getting information, receiver John Fisk, of PricewaterhouseCoopers, said.
This is the first stage of the sales process. Potential buyers then sign a confidentiality agreement and are allowed access to further information.
Fisk declined to say how many potential buyers there were. State-owned Solid Energy has already said it is interested.
The receivers are marketing the mining license, access agreement and supporting plant and equipment. The access agreement is with the Department of Conservation and it can be assigned to a buyer with the consent of the department.
The mine where 29 workers died last November is estimated to have a resource of 58.5 million tonnes of premium hard coking coal of which 17.6 million tonnes is estimated to be saleable. A second coal seam below the seam being mined provides further potential.
NZPA
No comments yet
AGL - Change in Senior Management
Devon Funds Morning Note - 01 May 2024
Rick Christie to step-aside as a non-executive director
CHI - New customer contract to upgrade Marsden Point
Synlait announces changes to Board of Directors
May 1st Morning Report
Devon Funds Morning Note - 30 April 2024
New Rural Advocacy Hub to be launched at Fieldays 2024
Serko signs five-year partnership renewal with Booking.com
NPH - 2024 Half Year Results Announcement Date