One of the key coal mines on the North Island has been given a life extension through a decision to develop a new resource.
The Government has put a stamp of approval on the re-entry into the damaged Pike River coal mine at a time when another mining voice raised concern about the potential danger of the move.
Investors may have been impressed with results for Bathurst Resources in the September quarter but they await the Court of Appeal by the company against a High Court ruling against a company on some West Coast coal permits.
One of the key energy providers in New Zealand has shown how the political actions of the Government are out of step with the reality to provide sustained energy for the country.
A nitrogen gas plant has been returned to the Pike River coal mine site to help with the recovery of miners who were killed there eight years ago.
A series of four workshops on risk assessment for a re-entry into the Pike River coal mine will be held this month, and they will be open to the public.
Downer has renewed a mining contract, this time for a big coal operation in south-east Queensland.
Bathurst had a stronger year but the shadow of a High Court ruling halted the immediate idea of a shareholder dividend.
The Pike River Recovery Agency is now recruiting a team of experienced coal miners to assist with the quest of recovering the remains of miners who perished eight years ago.
The chief executive of Bathurst Resources has told the South Island media that the High Court ruling for a payment of $US40 million against it was not a threat to the company’s viability.