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Pike River Coal was the company which developed the Pike River mine. On November 19 2010 an underground explosion ripped through the mine and killed 29 workers. After attempts to recover the bodies failed, the mine was sealed. Pike River Coal collapsed and the company went into receivership. In March 2012 the receivers announced that they had sold Pike River Coal's assets to Solid Energy, subject to the completion of due diligence.[1]
Personnel
- Peter Whittall - Chief Executive
Board
Accessed November 2010: [2]
- John Dow - Chairman and Independent Director
- Raymond Meyer - Non Executive Director
- Tony Radford - Non Executive Director
- Stuart Nattrass - Independent Director
- Dipak Agarwalla - Non Executive Director
- Arun Jagatramka - Non Executive Director
Ownership
Pike River Coal is owned by NZ Oil and Gas Ltd (29.4%) and Gujarat NRE (7.1%) and Saurashtra Fuels 5.5% and a number of other minor shareholders.[3]
Articles and resources
Related GEM.wiki articles
References
- ↑ Alan Wood, "Pike sale 'exciting' news", Business Day, March 9, 2012.
- ↑ Directors, Pike River Coal, accessed November 21, 2010.
- ↑ "Top 10 Shareholders", Pike River Coal website, accessed November 2010.
