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."



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
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:

Freightways Limited (NZX: FRE) Acquisition of ProducePronto
19th October 2021 Morning Report
PGG Wrightson Limited (NZX: PGW) Guidance Update
Vital Limited (NZX: VTL) Provides Update on PSN LMR
18th October 2021 Morning Report
T&G Global Limited (NZX: TGG) FY21 Earnings Guidance Update
Arvida Group Limited (NZX: ARV) Successful Completion of $155m Placement
FreshLeaf: Cannabis on course to be 'medicine of the masses'
Arvida Group Limited (NZX: ARV) to Acquire Arena Living Retirement Living Portfolio
My Food Bag Group Limited (NZX: MFB) Market Update and HY Results Announcement Date