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Pike River Coal - Latest News [Page 2]
Pike River Coal Announces Rights Issue
Tuesday, 20 April 2010, 2:00 pm | Pike River Coal
Pike River Coal Limited has announced details of the implementation of its NZ$50 million equity raising package. The package features a $10 million placement of shares and an underwritten $40 million renounceable pro rata Rights Issue to shareholders ... More >>
Pike River Coal Announces $50m Equity Issue
Wednesday, 24 February 2010, 10:17 am | Pike River Coal
Pike River Coal Limited today announced: • an intention to make an equity issue of ordinary shares to raise approximately NZ$50 million; • a binding agreement with its major shareholder - New Zealand Oil & Gas Limited (NZOG), to subscribe to ... More >>
Pike River Coal Celebrates Milestone
Friday, 19 February 2010, 11:40 am | Pike River Coal
Pike River is marking a milestone in the history of the company today with the first export shipment of its premium hard coking coal to India. “This is a significant event for the company and the culmination of intensive efforts to bring the mine ... More >>
Pike River Coal Re-Schedules Export Timing
Tuesday, 25 August 2009, 10:24 am | Pike River Coal
Pike River Coal says that production of premium hard coking coal from its new mine has been running at lower rates than envisaged in the schedule issued to the stock exchanges on 21 July 2009, due mainly to early geological complexity and machinery ... More >>
Ventilation To Pike River Mine Fully Restored
Monday, 8 June 2009, 11:54 am | Pike River Coal
Pike River Coal’s main air ventilation shaft blockage has been successfully bypassed, ventilation fully restored and heavy coal cutting machines are now working to build coal production. More >>
Pike River Coal Limited Activities Report
Thursday, 30 April 2009, 12:05 pm | Pike River Coal
OVERVIEW Pike River has made good progress with restoring ventilation to its hard coking coal mine following a rockfall in February 2009. Coal production with one of the continuous miner machines is to recommence at the start of May 2009, once ... More >>
Fully Subscribed Rights Issue For Pike River Coal
Tuesday, 21 April 2009, 5:27 pm | Pike River Coal
Pike River Coal Limited announces that its $41 million rights issue which closed on 17 April 2009 has been fully subscribed and scaling of shareholders applications for shares under the excess subscription facility has been necessary. More >>
Pike River Coal Rights Issue Fully Underwritten
Tuesday, 17 March 2009, 10:08 am | Pike River Coal
Pike River Coal Limited’s rights issue of $41 million announced on 3 March 2009 will be fully underwritten. The renounceable rights issue is an entitlement to one share at 70 cents with an accompanying bonus option for every five Pike River shares ... More >>
Pike River Coal Announces $45 Million Rights Issue
Tuesday, 3 March 2009, 11:19 am | Pike River Coal
Pike River Coal Limited today announced it will raise NZ$45 million through an issue of ordinary shares, with accompanying bonus options, to provide funds until steady state production from hydro monitor mining is achieved. More >>
Pike River Coal - NZX Interim Financial Statements
Friday, 27 February 2009, 11:44 am | Pike River Coal
Pike River Coal Limited (‘Pike River’) reports a net deficit of NZ$9,551,000 for the six months ended 31 December 2008. The result reflects the pre-production status of the Pike River premium hard quality coking coal mine and the effect of ... More >>
Pike River: AGM – Managing Directors Address
Friday, 28 November 2008, 3:19 pm | Pike River Coal
First of all, the Directors and I wish to thank you all for making the long trek up to the mine site today. More >>
Gerry Brownlee To Open Pike River Coal Mine
Friday, 21 November 2008, 4:14 pm | Pike River Coal
Economic Development Minister Gerry Brownlee will formally open Pike River’s new underground mine next Thursday (27 November) as coal stockpiles start to grow. More >>
Pike River Mine Development Conservation Noted
Tuesday, 16 September 2008, 1:03 pm | Pike River Coal
The Pike River coal mine development on the West Coast has been recognised for its “environmental consideration” by the Department of Conservation. More >>
Pike River Reports A $1.14 Million Loss
Friday, 29 August 2008, 11:21 am | Pike River Coal
Pike River Coal Limited has reported a $1.14 million loss in the financial year ended 30 June 2008 reflecting the development phase of its new mining operation and related one-off costs. More >>
Pike River's Continuous Mining Machine Arrives
Thursday, 28 August 2008, 2:30 pm | Pike River Coal
Pike River Coal Limited is gearing up for coal production with the delivery to New Zealand of the first of two continuous mining machines, costing in excess of $5 million each. The first continuous miner, custom made for cutting access roads through coal, ... More >>
Tunnelling Through Hawera Fault Starts
Thursday, 10 July 2008, 3:28 pm | Pike River Coal
Pike River Coal Limited (Pike River) has started tunnelling through a faulted zone in the Paparoa Ranges on the West Coast just 215 metres away from the 18 million tonne Brunner seam of hard coking coal More >>
Pike River Awards Coal Trucking Contract
Wednesday, 18 June 2008, 2:04 pm | Pike River Coal
Pike River Coal Limited (Pike River) announces it has signed a long term road transport agreement with TNL Group Limited (TNL) to truck its high quality coking coal to the point of loading on rail. More >>
Pike River Tunnel Reaches Hawera Fault
Friday, 30 May 2008, 4:28 pm | Pike River Coal
Pike River Coal Limited (Pike River) advises that the tunnel being driven to access the premium quality hard coking coal deposit has now reached the Hawera fault zone. The tunnel is at 2085 metres and the Hawera fault is 8 metres ahead. More >>
Pike River Tunnel Tracking To Intersect Coal Seam
Tuesday, 20 May 2008, 9:30 am | Pike River Coal
Pike River Coal Limited (Pike River) advises that excavation of the tunnel to access the underground premium hard coking coal deposit recommenced on 19 May 2008. The advance of the main tunnel had been undertaken in parallel with pit-bottom development ... More >>
Pike River Coal Announces New Coal Transport Route
Wednesday, 28 November 2007, 9:43 am | Pike River Coal
Pike River Coal Limited has today announced it will transport its premium hard coking coal by rail to Lyttelton, Christchurch for export under a new agreement signed with Solid Energy NZ Limited (Solid Energy). More >>
