Solid Energy NZ - Latest News [Page 2]

Solid Energy progresses West Coast mine site changes

Tuesday, 26 May 2015, 4:03 pm | Solid Energy NZ

After considering feedback from staff members at the Stockton and Spring Creek mine sites, Solid Energy has today told employees it will go ahead with the proposals outlined earlier in the month to change the sites’ work and staffing levels. More >>

Solid Energy presents change proposals for West Coast mines

Thursday, 7 May 2015, 4:29 pm | Solid Energy NZ

Solid Energy has today told its staff that it plans to reduce production at Stockton Opencast Mine in Buller from 1.4 million tonnes a year to approximately 1 Mt from July and, as a result, it is proposing to reduce the number of staff jobs at the ... More >>

Solid Energy half-year accounts deferred

Friday, 27 February 2015, 2:47 pm | Solid Energy NZ

Solid Energy will defer presenting its half-year accounts until the Board of Directors is confident the accounts reflect a true and fair picture of the company’s position, says acting Chair Andy Coupe. More >>

Risks to Life too high to re-enter Pike River drift

Thursday, 6 November 2014, 10:28 am | Solid Energy NZ

Solid Energy will not re-enter the Pike River Mine drift because the company considers the risks to life remain too high, Board Chair Pip Dunphy says. More >>

Solid Energy hold-off decision at request of Pike Families

Tuesday, 28 October 2014, 1:24 pm | Solid Energy NZ

Solid Energy’s Board decision about whether to continue with the project to re-enter the drift at the Pike River Mine will not occur at the October board meeting as first indicated. More >>

Pike River drift re-entry project – reviewing the risks

Thursday, 25 September 2014, 4:11 pm | Solid Energy NZ

Solid Energy’s work to review the potentially fatal risks in re-entering the main drift at Pike River has highlighted a number of interconnected issues, says Chief Executive Dan Clifford. “Public discussion about this project seems to be looking ... More >>

Safety is absolute priority at Pike River Mine

Wednesday, 24 September 2014, 12:02 pm | Solid Energy NZ

In relation to its project to re-enter the drift at Pike River Mine, safety is the absolute priority for Solid Energy, says Board Chair Pip Dunphy. “We understand that the time it is taking to complete our evaluation of the risks is frustrating ... More >>

Solid Energy confirms changes at Stockton Mine in Buller

Friday, 27 June 2014, 2:40 pm | Solid Energy NZ

Solid Energy has today confirmed to its Stockton Mine staff that it will reduce the mine’s output and make changes to the way work is organised. The change, outlined as a proposal to staff on 6 June, is in response to continuing low international ... More >>

Solid Energy plans production and job reductions at Stockton

Friday, 6 June 2014, 1:30 pm | Solid Energy NZ

Solid Energy has today told Stockton Alliance staff that it plans to reduce production at the West Coast export mine by a quarter, from 1.9 million tonnes per annum (Mtpa) to 1.4 Mtpa in the next financial year, and that it is proposing to reduce jobs at ... More >>

Solid Energy appoints new Chief Executive Officer

Tuesday, 11 March 2014, 3:09 pm | Solid Energy NZ

Solid Energy has appointed Australian mining executive, Dan Clifford, as Chief Executive Officer. Mr Clifford, who currently works for Glencore as General Manager of the Ulan Complex which incorporates an opencast and two underground mines in New South ... More >>

Solid Energy Results for Half Year Ended 31 December 2013

Friday, 28 February 2014, 2:26 pm | Solid Energy NZ

Revenue down 28% as average USD hard coking coal prices fell 14% in very weak global market. • Coal sales down 21% to 1.7 million tonnes (Mt) (2012: 2.1 Mt). • Net result after tax was a loss of $40.9 million (2012: $(318.2) million). • Underlying ... More >>

Pike River drift re-entry project is under way

Thursday, 14 November 2013, 6:34 pm | Solid Energy NZ

Solid Energy advises that it has begun work to plug the ventilation shaft at the former Pike River Mine. The mine team and contractors have successfully placed a high-strength expanding resin into the shaft and have begun topping that with a layer ... More >>

Solid Energy secures financial restructuring package

Tuesday, 22 October 2013, 2:38 pm | Solid Energy NZ

Solid Energy has secured a financial restructuring package with the Crown and the company’s commercial lenders, having received majority support from its bank creditors and note holders at meetings held earlier today in Christchurch. More >>

Pike River tunnel re-entry project begins with NZDF help

Monday, 21 October 2013, 1:40 pm | Solid Energy NZ

The project to re-enter and explore the main tunnel of the former Pike River Mine has begun, with personnel and an NH90 helicopter from the New Zealand Defence Force on site lifting material from around the top of the mine ventilation shaft. More >>

Solid Energy Results for Year Ended 30 June 2013

Friday, 4 October 2013, 2:50 pm | Solid Energy NZ

-Coal sales of 4.1 million tonnes (Mt), down 11% (2012: 4.6 Mt), in weak commodity markets. More >>

Solid Energy funders to consider financial restructuring

Tuesday, 1 October 2013, 11:28 am | Solid Energy NZ

Solid Energy’s Board has agreed in principle to a financial restructuring proposal involving the company’s banking partners. More >>

Staged re-entry into Pike River tunnel to begin

Tuesday, 3 September 2013, 12:18 pm | Solid Energy NZ

Re-entry and exploration of the main tunnel of the former Pike River Mine will be subject to on-going assessment of the safety and technical feasibility as each stage of the process is undertaken, says Solid Energy Chairman, Mark Ford. More >>

Solid Energy proposes further reduction in Waikato jobs

Thursday, 15 August 2013, 1:08 pm | Solid Energy NZ

Solid Energy has today told its Waikato staff that Huntly East Underground Mine will stay open but it is proposing to reduce management, support services and workforce roles by 107, from 193 to 86, as part of the company’s on-going response to the ... More >>

Solid Energy: Management and support services job cuts

Wednesday, 17 July 2013, 3:08 pm | Solid Energy NZ

Solid Energy is proposing cuts in management and support services jobs at its Stockton mining operations as part of its on-going response to depressed global coal prices. More >>

Solid Energy proposes further job cuts in refocused business

Wednesday, 8 May 2013, 2:34 pm | Solid Energy NZ

Solid Energy has today announced that it proposes further cuts in jobs as it continues to work with its funding partners and with Treasury in refocusing the company on its core coal mining business, and divests non-core assets and activities. More >>

   

 

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