Sharechat Logo

Mine 'worth nothing' until 29 dead recovered, family rep says

Wednesday 20th April 2011

Text too small?

A representative of the families who lost men in the Pike River Mine disaster says the mine is "worth nothing" until the remains of the 29 dead men are recovered.

Receivers are seeking expressions of interest from parties interested in buying the underground mine near Greymouth which was rocked by explosions last November.

They describe the mine as a valuable resource, with more than 17.6 million tonnes of saleable coal and upside potential from an additional hard coking coal seam.

Expressions of interest must be registered before May 2.

Yesterday police said their operations at the mine had cost almost $11 million.

Bernie Monk, a spokesman for the families of those who died at Pike River, today said the receivers had an obligation to recover the remains of the men and, speaking personally, when the mine was sold to pay back the $11 million spent by police.

"Yesterday was five months since we've lost our guys. They went to work one day and they didn't come back," Monk told Radio New Zealand.

"What I'm saying to them at the moment, until they go down and get those guys out of the mine, that mine, and I'm telling the world, that it's worth nothing."

 

NZPA



  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:

Deposit scheme reduces risk, boosts trust - General Finance
May 12th Morning Report
PFI - Q3 Div & Upgraded FY25 Div Guidance, FY26 Div Guidance
AIA - Auckland Airport announces leadership team change
May 9th Morning Report
May 8th Morning Report
NZME Takeovers Panel determination
MNW - Commerce Commission clears the Contact Energy acquisition
May 7th Morning Report
General Capital Appoints New CFO