Final nail in coffin for Solid Energy workers

Press Release – New Zealand Labour Party

Todays confirmation of job losses at Solid Energys Stockton and Spring Creek mines shows the urgent need for new economic opportunities on the West Coast, Labours MP for West Coast-Tasman Damien OConnor says. Read more »

Chatham Rock Phosphate Financial Results

Press Release – Chatham Rock Phosphate

Financial result The results for the year to 31 March 2015 show an audited loss of $27.3 million (2014 loss of 1.42 million) including write-offs arising from the decline of the marine consent application. The two main components related to the … Read more »

Coal is in a deep dark hole, let’s keep it there

Press Release – Coal Action Network

Coal Action Network Aotearoa have been hearing rumblings about a new coal mine being developed just 10km from Westport, on the West Coast of the South Island of Aotearoa. Given that the rest of the world is moving away from mining coal, it seems ludicrous … Read more »

NZ Climate Change Documentary “HOT AIR” Now Free On Youtube

Press Release – Alister Barry

“HOT AIR – Climate Change Politics In NZ” – the award-winning feature length documentary which reveals how big business stopped NZ Government action on climate change – is being launched for on-demand free viewing today. Read more »

Laid-off Miners Deserve a Future

Press Release – Coal Action Network

The Government must step in to help the 113 mineworkers whove been dumped by Solid Energy today and the communities around them to begin a discussion about an alternative future for the West Coast that doesnt rely on a boom and bust industry, … Read more »

Solid Energy lines up more job cuts

Article – BusinessDesk

May 7 (BusinessDesk) – Solid Energy, the financially stricken state-owned coal miner, plans to cut its workforce again to keep a lid on costs after the board decided against selling assets or liquidating the company. Read more »

Solid Energy’s announcement unlikely to be good for workers

Press Release – EPMU

No one is expecting good news from Solid Energy, which has called a meeting at Stockton Mine on the West Coast this afternoon. Read more »

Labour stands behind Solid Energy miners

Press Release – New Zealand Labour Party

Labour stands behind Solid Energy miners Solid Energy miners will not be surprised at the companys announcement today of further restructuring but any more job losses will be a shock for West Coast communities, Labours MP for West Coast-Tasman Damien … Read more »

Time for a new extractive industry on the West Coast

Press Release – Coal Action Network

There was a theme for this years May Day seminar at Blackball, up the river valley from Greymouth, and crucible for the formation of the mining unions: Read more »

The future of coal is grim

Press Release – Coal Action Network

The future of coal is grim but a transition to a better economy is underway: Jeanette Fitzsimons May 2, 2015– The situation for the future of coal in New Zealand is getting increasingly grim by the day, and the Government must start looking at … Read more »

National must lead by example on climate change

Press Release – New Zealand Labour Party

The National Government must meet its own climate change obligations before it preaches to the rest of the world, Labour’s Climate Change spokesperson Megan Woods says. Read more »

Bohannan resigns from Bathurst Resources

Article – BusinessDesk

March 24 (BusinessDesk) – Hamish Bohannan has resigned from Bathurst Resources after five years leading a coal miner whose expansion has been put on hold pending a recovery in coal prices. Read more »

Solid Energy prepares for more job cuts at Stockton

Article – BusinessDesk

March 11 (BusinessDesk) – State-owned coal miner Solid Energy is preparing for more redundancies at its Stockton mine, near Westport, as slumping global prices for coking coal threaten its long term viability and force it anew into talks with its banks … Read more »

Government must fix the mess it created at Solid Energy

Press Release – Engineering Printing and Manufacturing Union

The Government must take responsibility for the role it has played in Solid Energys current financial crisis, and support the company which has returned $600 million to the country over the past decade. Read more »

Minister of Energy and Resources to open Downstream tomorrow

Press Release – Downstream

The energy sectors annual 2-day conference Downstream is being held in Auckland tomorrow, at the SkyCity Convention Centre in Auckland. Read more »

Ex-Solid Energy JV partner, GTL, seeks briquette plant sale

Article – BusinessDesk

March 3 (BusinessDesk) – GTL Energy (New Zealand), Solid Energy’s former partner in an experimental briquette-making plant in Southland, narrowed its loss in 2014 in a year when it garnered no revenue and began preparing for the sale of the Mataura … Read more »

Govt resisting pressure to pump more cash into Solid Energy

Article – BusinessDesk

March 2 (BusinessDesk) – Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference … Read more »

TSB Bank writes off $53.9 mln Solid Energy debt

Article – BusinessDesk

Feb. 27 (BusinessDesk) – TSB Bank, the Taranaki community-owned bank, has written off the remaining $53.9 million debt exposure it had to stricken state-owned coal miner Solid Energy as the prospects of getting repaid deteriorate. Read more »

Fonterra’s Glencoal says Waikato mine delayed, not on hold

Article – BusinessDesk

Feb. 27 (BusinessDesk) – Fonterra Cooperative Group subsidiary Glencoal has denied suggestions it has put its plans for an open cast mine in the Waikato on hold indefinitely following public opposition. Read more »

Fonterra Sneaks Round The Corner

Press Release – Coal Action Network

Fonterras subsidiary Glencoal has put its plans for an open cast mine on SH2 at Mangatangi on hold indefinitely. The local community is celebrating. They worked very hard with submissions on all the impacts of coal mining that you are allowed … Read more »

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