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Pike River Coal

NZ Shares Follow World Markets Down

NZ Shares Follow World Markets Down
Wellington, June 16 NZPA - The New Zealand sharemarket tumbled in early trade, following the lead of global sharemarkets.

NZOG Still In The Black Stuff

NZOG Still In The Black Stuff
(correcting H4941: correcting 10th and 11th pars, clarifying Kupe field and when Pike was opened) Wellington, Jan 30 NZPA - New Zealand Oil & Gas (NZOG) is still in the black despite low oil prices and an economic downturn, according to its December quarter activities report.

South Island Index Shows Bigger NZX Companies There Are Hurting

South Island Index Shows Bigger NZX Companies There Are Hurting
Wellington, Oct 21 NZPA - South Island listed companies have run out of steam, succumbing to the worldwide upheaval in financial markets, according to a "South Island Index" issued today.

Pike River Mine Strikes Coal

Pike River Mine Strikes Coal
Wellington, Oct 17 NZPA - Pike River Coal said today it has struck coal at its West Coast mine after two years of tunnelling to reach one of the most valuable coal deposits in the country.

Record Tonnage On Coal Route In May

Wellington, July 7 NZPA - A record 257,000 tonnes of coal was carried on the Midland Line between the West Coast and Port of Lyttelton in May, Solid Energy said. The state-owned energy company expects longer 45-wagon trains that have been trialed to begin operating from early 2009.

Pike River Shares Fall As Coal Mining Shares Tumble

Wellington, July 3 NZPA - Pike River Coal shares fell 10 percent today partly in response to another general weakening on the sharemarket but more in response to a sharp fall in coal stocks on Wall Street.

Pike River Coal Chooses Lower Carbon Route For Coal Transport

Wellington, June 18 NZPA - Pike River Coal, which is developing a mine near Greymouth, says it has chosen a transport route for the coal that will result in lower carbon emissions than an alternative option.