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19-11-2010, 06:50 PM
#7211
does this mean the mine is over? my life saving of funds is going to disappear.
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19-11-2010, 06:51 PM
#7212
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19-11-2010, 06:52 PM
#7213
West Coast area commander Inspector John Canning said detail was still sparse but initial reports suggested at least 30 people were in the mine.
Canning said the reports suggested they could be 1500 metres underground.
The mine has been beset by delay, most particularly the collapse of an air ventilation shaft when it was close to opening for production.
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19-11-2010, 06:54 PM
#7214
Newstalk ZB are reporting a body has been taken from the mine to the Greymouth DHB.
Energy Minister Gerry Brownlee said the blast happened at 3.45pm and the last contact with any of the miners was lost at 4.15pm.
He said mine officials had no idea what caused the blast, or the condition of the miners who were trapped.
Pike River Coal CEO Peter Whittall confirmed those affected were a mix of afternoon shift workers and management.
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19-11-2010, 06:56 PM
#7215
Lets pray the rest can escape-sounds as if some were in communication for some time after the blast
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19-11-2010, 06:59 PM
#7216
Member
horrendous news, fingers crossed
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19-11-2010, 07:00 PM
#7217
Member
 Originally Posted by NOCASH
does this mean the mine is over? my life saving of funds is going to disappear.
Yep pretty much.
But thinking of the miners first. I never invested in PRC for environmental reasons and also because I though coal mining was a nasty dangerous activity that NZ didn't need anymore. Sometimes it sucks to be right.
Lets hope we can get these guys out faster than they did in Chile.
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19-11-2010, 07:02 PM
#7218
Terrible news, hope the miners are ok - and thoughts go out to Sharetrader Pike holders too 
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19-11-2010, 07:02 PM
#7219
This is an absolute tragedy. We pray our friends, brothers and dads have survived. Forget your shares and money this far outweighs any loss any of us have made financially.
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19-11-2010, 07:06 PM
#7220
Member
Originally Posted by whirly
This is an absolute tragedy. We pray our friends, brothers and dads have survived. Forget your shares and money this far outweighs any loss any of us have made financially.
Well said whirly. It really is sounding bad according to the TVNZ reporter who flew over the mine.
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