Solid Energy hit by closure
22nd Feb 2012
WELLINGTON, Feb 22 – New Zealand’s Mines Inspectorate has ordered the immediate shutdown of Solid Energy's Spring Creek underground coal mine at Greymouth.
The effect of the prohibition notice from the Labour Department is that all underground operations have ceased except for regular inspections by staff and any actions required to ensure the safety of the underground environment.
The stoppage is not expected to impact on the company's 2012 full year results because the mine is due to remain in development phase, preparing the next block of coal resources for extraction, until the end of June.
After discussions with the Inspectorate, Solid Energy management says it is confident it will be able to satisfy requirements for the notice to be lifted.
However, the company says it will recommence underground operations only when it is fully satisfied the mine meets its safety expectations.
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