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Kiwi Death Blast Mine Goes Bust – None Recovered | Anorak

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Kiwi Death Blast Mine Goes Bust – None Recovered

THE worst possible news has come for the grieving families of 29 coal miners killed in explosions last month. The firm which ran the Kiwi coal mine where the 29 including two Britons died, has gone under.

The still blazing mine’s ventilation shaft, above, was sealed and capped off yesterday and today, Pike River Coal chairman John Dow said NZ Oil & Gas, the company’s largest shareholder, has appointed accountants PricewaterhouseCoopers as receivers. Mass redundancies are expected later today, December 13, 2010.

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Posted: 13th, December 2010 | In: Money | Comment