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Do the figures 17 million shares @ $1.20 a share a few months ago equates to nearly $20.5 million dollars in shares.
PIKE RIVER COAL LIMITED
114243
Shareholdings
Total Number of Shares: 414,327,334
Extensive Shareholdings: Yes
102,637,600
488250
NZOG SERVICES LIMITED
Level 20, 125 The Terrace, Wellington
26,246,304
GUJARAT NRE LIMITED
Lot 1, Cnr Bellambi & Princes Highway,, Russell Vale, Nsw, Australia
22,309,358
SAURASHTRA WORLD HOLDINGS PTE LIMITED
3 Phillip Street #18-00, Commerce Point, Singapore
17,033,320
ACCIDENT COMPENSATION CORPORATION-NZCSD
C/o National Nominees New Zealand Ltd, 125 Queen Street, Level 2, Bnz Tower, Auckland, New Zealand
12,010,907
402062
NATIONAL NOMINEES LIMITED
125 Queen Street, Level 2, Bnz Tower, Auckland, Nz
5,966,321
1474228
NEW ZEALAND SUPERANNUATION FUND NOMINEES LIMITED
Level 17, Amp Tower, 29 Customs Street West, Auckland
5,143,132
AMP INVESTMENTS STRATEGIC EQUITY GROWTH FUND
C/o Bnp Paribus Securities Services, L15, 171 Featherston Street, Wellington
3,803,283
DOUGLAS, Kevin Michelle
125e Sir Francis Drake Blvd, Suite 400, Larkspur Ca
2,530,305
NATIONAL NOMINEES LIMITED
L18, 500 Bourke Street, Melbourne
2,004,091
303826
HSBC NOMINEES (NEW ZEALAND) LIMITED
Level 9, One Queen Street, Auckland 1
The validation code for this Company Extract is: EXT18802290
For further details relating to this company, check www.companies.govt.nz.
Extract generated 23 November 2010 07:53 AM NZDT
Pike River Coal Ltd ACC is 4th Biggest Shareholder
#2
MINI 
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Posted 23 November 2010 - 07:37 AM
Huggy, on 23 November 2010 - 06:00 AM, said:
Do the figures 17 million shares @ $1.20 a share a few months ago equates to nearly $20.5 million dollars in shares.
PIKE RIVER COAL LIMITED
114243
Shareholdings
Total Number of Shares: 414,327,334
Extensive Shareholdings: Yes
102,637,600
488250
NZOG SERVICES LIMITED
Level 20, 125 The Terrace, Wellington
26,246,304
GUJARAT NRE LIMITED
Lot 1, Cnr Bellambi & Princes Highway,, Russell Vale, Nsw, Australia
22,309,358
SAURASHTRA WORLD HOLDINGS PTE LIMITED
3 Phillip Street #18-00, Commerce Point, Singapore
17,033,320
ACCIDENT COMPENSATION CORPORATION-NZCSD
C/o National Nominees New Zealand Ltd, 125 Queen Street, Level 2, Bnz Tower, Auckland, New Zealand
12,010,907
402062
NATIONAL NOMINEES LIMITED
125 Queen Street, Level 2, Bnz Tower, Auckland, Nz
5,966,321
1474228
NEW ZEALAND SUPERANNUATION FUND NOMINEES LIMITED
Level 17, Amp Tower, 29 Customs Street West, Auckland
5,143,132
AMP INVESTMENTS STRATEGIC EQUITY GROWTH FUND
C/o Bnp Paribus Securities Services, L15, 171 Featherston Street, Wellington
3,803,283
DOUGLAS, Kevin Michelle
125e Sir Francis Drake Blvd, Suite 400, Larkspur Ca
2,530,305
NATIONAL NOMINEES LIMITED
L18, 500 Bourke Street, Melbourne
2,004,091
303826
HSBC NOMINEES (NEW ZEALAND) LIMITED
Level 9, One Queen Street, Auckland 1
The validation code for this Company Extract is: EXT18802290
For further details relating to this company, check www.companies.govt.nz.
Extract generated 23 November 2010 07:53 AM NZDT
PIKE RIVER COAL LIMITED
114243
Shareholdings
Total Number of Shares: 414,327,334
Extensive Shareholdings: Yes
102,637,600
488250
NZOG SERVICES LIMITED
Level 20, 125 The Terrace, Wellington
26,246,304
GUJARAT NRE LIMITED
Lot 1, Cnr Bellambi & Princes Highway,, Russell Vale, Nsw, Australia
22,309,358
SAURASHTRA WORLD HOLDINGS PTE LIMITED
3 Phillip Street #18-00, Commerce Point, Singapore
17,033,320
ACCIDENT COMPENSATION CORPORATION-NZCSD
C/o National Nominees New Zealand Ltd, 125 Queen Street, Level 2, Bnz Tower, Auckland, New Zealand
12,010,907
402062
NATIONAL NOMINEES LIMITED
125 Queen Street, Level 2, Bnz Tower, Auckland, Nz
5,966,321
1474228
NEW ZEALAND SUPERANNUATION FUND NOMINEES LIMITED
Level 17, Amp Tower, 29 Customs Street West, Auckland
5,143,132
AMP INVESTMENTS STRATEGIC EQUITY GROWTH FUND
C/o Bnp Paribus Securities Services, L15, 171 Featherston Street, Wellington
3,803,283
DOUGLAS, Kevin Michelle
125e Sir Francis Drake Blvd, Suite 400, Larkspur Ca
2,530,305
NATIONAL NOMINEES LIMITED
L18, 500 Bourke Street, Melbourne
2,004,091
303826
HSBC NOMINEES (NEW ZEALAND) LIMITED
Level 9, One Queen Street, Auckland 1
The validation code for this Company Extract is: EXT18802290
For further details relating to this company, check www.companies.govt.nz.
Extract generated 23 November 2010 07:53 AM NZDT
Holy cow Huggy.............my heart was already bleeding for the miners and their families.
This news doesnt make for any comforting thoughts.
How many corners been cut to save money.
Time will tell eh??
Mini
#3
jocko
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Posted 23 November 2010 - 08:11 AM
Huggy can you do the same with NZOG? Lets see how much the Government is involved through them. NZOG owns Pike.
The Regulators are closing in. S&P have just dealt to the credit rating.
Its obvious that the Government has been using ACC and the Super fund to keep this gas ridden, fault riden,now so obviously dangerous mine going. As a propaganda exercise for foreign investors. Pike River, the flagship for New Zealand mining. Look at its performance and you wonder why any bastard would invest in it; let alone the Government through ACC and the Super fund.
The Regulators are closing in. S&P have just dealt to the credit rating.
Its obvious that the Government has been using ACC and the Super fund to keep this gas ridden, fault riden,now so obviously dangerous mine going. As a propaganda exercise for foreign investors. Pike River, the flagship for New Zealand mining. Look at its performance and you wonder why any bastard would invest in it; let alone the Government through ACC and the Super fund.
#4
sunny
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Posted 23 November 2010 - 09:35 AM
jocko, on 23 November 2010 - 08:11 AM, said:
Huggy can you do the same with NZOG? Lets see how much the Government is involved through them. NZOG owns Pike.
The Regulators are closing in. S&P have just dealt to the credit rating.
Its obvious that the Government has been using ACC and the Super fund to keep this gas ridden, fault riden,now so obviously dangerous mine going. As a propaganda exercise for foreign investors. Pike River, the flagship for New Zealand mining. Look at its performance and you wonder why any bastard would invest in it; let alone the Government through ACC and the Super fund.
The Regulators are closing in. S&P have just dealt to the credit rating.
Its obvious that the Government has been using ACC and the Super fund to keep this gas ridden, fault riden,now so obviously dangerous mine going. As a propaganda exercise for foreign investors. Pike River, the flagship for New Zealand mining. Look at its performance and you wonder why any bastard would invest in it; let alone the Government through ACC and the Super fund.
Now we know WHY our fabulous government was pushing so hard to get more mineing done in this country dont we!!!
More mines more money to prop up more failing businesses!
At What expence!
#5
not their victim
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Posted 04 December 2010 - 10:47 AM
sunny, on 23 November 2010 - 09:35 AM, said:
Now we know WHY our fabulous government was pushing so hard to get more mineing done in this country dont we!!!
More mines more money to prop up more failing businesses!
At What expence!
More mines more money to prop up more failing businesses!
At What expence!
ACC also owns 96,000 shares in Infratil-or the Auckland Airport!
they bought those last year, just as the share prices started dropping.
So, how will this impact on acc claims for the miners families, if ACC already is a major shareholder of the Pike River Coal Mine.
<3 RIP 29 <3
#6
hukildaspida
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Posted 04 April 2011 - 12:49 PM
http://www.stuff.co....s-for-extension
Pike River inquiry asks for extension
Last updated 13:43 04/04/2011
Inquiry to examine Pike River mine safety systems Mayor calls for action at Pike River mine Pike River mine up for sale Strong interest in Pike River purchase
The Department of Labour has asked for more time to decide on any potential prosecutions over last November's Pike River Coal mine explosions that killed 29 men.
The department is investigating the explosions under the Health and Safety Employment Act, which states charges must be laid within six months of the incident.
"This investigation is one of the most complex ever undertaken by the department, involving large quantities of records, complex technical issues and significant numbers of interviews," labour group acting deputy chief executive Lesley Haines said.
"The investigation team is making very good progress. However, we are determined to ensure the most thorough and detailed investigation possible."
Ms Haines said the department had applied to Greymouth District Court for a six month extension.
Pike River inquiry asks for extension
Last updated 13:43 04/04/2011
Inquiry to examine Pike River mine safety systems Mayor calls for action at Pike River mine Pike River mine up for sale Strong interest in Pike River purchase
The Department of Labour has asked for more time to decide on any potential prosecutions over last November's Pike River Coal mine explosions that killed 29 men.
The department is investigating the explosions under the Health and Safety Employment Act, which states charges must be laid within six months of the incident.
"This investigation is one of the most complex ever undertaken by the department, involving large quantities of records, complex technical issues and significant numbers of interviews," labour group acting deputy chief executive Lesley Haines said.
"The investigation team is making very good progress. However, we are determined to ensure the most thorough and detailed investigation possible."
Ms Haines said the department had applied to Greymouth District Court for a six month extension.
#8
Remedy
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Posted 19 April 2011 - 03:20 PM
Pike costs at $10.92m
Last updated 15:42 19/04/2011
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BREAKING NEWS: Police have spent nearly $11 million on the Pike River mine operation, it has been revealed.
Up-to-date costs were released by police this afternoon in a written statement that said they had "received a number of requests for information on the expenses" relating to the search, rescue and recovery operation.
Police had so far received invoices from 232 suppliers for goods or services relating to the operation.
The total search, rescue and recovery costs paid by police was $10,916,871.
The Gorniczy Agregat Gasniczy (GAG) machine, which pumped water vapour into the mine to stabilise the environment, was the most costly expenditure, at $4.65m.
Personnel to operate the machine was the most expensive GAG outlay, at $2.47m, followed by $1.22m for the fuel and $968,000 for the jet engine and support equipment.
Additionally, staff allowances in the amount of $296,488 have been paid to officers on rotation in Greymouth.
http://www.stuff.co....costs-at-10-92m
Last updated 15:42 19/04/2011
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BREAKING NEWS: Police have spent nearly $11 million on the Pike River mine operation, it has been revealed.
Up-to-date costs were released by police this afternoon in a written statement that said they had "received a number of requests for information on the expenses" relating to the search, rescue and recovery operation.
Police had so far received invoices from 232 suppliers for goods or services relating to the operation.
The total search, rescue and recovery costs paid by police was $10,916,871.
The Gorniczy Agregat Gasniczy (GAG) machine, which pumped water vapour into the mine to stabilise the environment, was the most costly expenditure, at $4.65m.
Personnel to operate the machine was the most expensive GAG outlay, at $2.47m, followed by $1.22m for the fuel and $968,000 for the jet engine and support equipment.
Additionally, staff allowances in the amount of $296,488 have been paid to officers on rotation in Greymouth.
http://www.stuff.co....costs-at-10-92m
#9
doppelganger
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Posted 19 April 2011 - 04:46 PM
Does ACC relise as part owner of the coal mine they are part liable for all debt that occures.
In regard to your wish to attend Polytech, which you advise you could only do with financial assistance; we regret that we are unable to assist in your situation as if you wish to improve your employment possibilities beyond pre-accident level, this must be considered your personal choice and responsibility. Case manager Mr D. J. Lamond 26 May 1988
"If the right to be heard is to be a real right which is worth anything, it must carry with it a right in the accused man to know the case which is made against him. He must know what evidence has been given and what statements have been made affecting him and then he must be given a fair opportunity to correct or contradict them. .... It follows, of course that the judge or whoever has to adjudicate must not hear evidence or receive representations from one side behind the back of others.The court will not require whether the evidence or representations did work to his prejudice. Sufficient that they might do so. The court will not go into the likelihood ofprejudice. The risk of it is enough."Lord Denning [1962] A.C. at page 337.
In Escoigne Properties Ltd v Inland Revenue Commissioners [1958] AC 549 Lord Denning said at pp 566:
"Thus one of the best ways, I find, ofunderstanding a statute is to take some specific which, by common consent, are intended to be covered by it. I can say at once: "Yes, that is the sort ofthing Parliament intended to "cover". The reason is not far to seek. When the draftsman is drawing the Act, he has in mind particular instances which he wishes to cover. He frames aformula which he hopes will embrace them all with precision. But the formula is as unintelligible as a mathematical formula to anyone except experts: and even then they have to know what the symbols mean. To make it intelligible, you must know the sort of thing that Parliament had in mind. So you have resort to particular instances to gather the meaning. "
"If the right to be heard is to be a real right which is worth anything, it must carry with it a right in the accused man to know the case which is made against him. He must know what evidence has been given and what statements have been made affecting him and then he must be given a fair opportunity to correct or contradict them. .... It follows, of course that the judge or whoever has to adjudicate must not hear evidence or receive representations from one side behind the back of others.The court will not require whether the evidence or representations did work to his prejudice. Sufficient that they might do so. The court will not go into the likelihood ofprejudice. The risk of it is enough."Lord Denning [1962] A.C. at page 337.
In Escoigne Properties Ltd v Inland Revenue Commissioners [1958] AC 549 Lord Denning said at pp 566:
"Thus one of the best ways, I find, ofunderstanding a statute is to take some specific which, by common consent, are intended to be covered by it. I can say at once: "Yes, that is the sort ofthing Parliament intended to "cover". The reason is not far to seek. When the draftsman is drawing the Act, he has in mind particular instances which he wishes to cover. He frames aformula which he hopes will embrace them all with precision. But the formula is as unintelligible as a mathematical formula to anyone except experts: and even then they have to know what the symbols mean. To make it intelligible, you must know the sort of thing that Parliament had in mind. So you have resort to particular instances to gather the meaning. "
#10
keentohelp
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Posted 19 April 2011 - 07:24 PM
doppelganger, on 19 April 2011 - 04:46 PM, said:
Does ACC relise as part owner of the coal mine they are part liable for all debt that occures.
More drippy stuff from you Doppelganger.
Owning shares in a limited liability company only leaves you 'liable' for the money you have already parted company with to buy the shares.
Is there nothing you actually know about?
If there is why not restrict your posts to those subjects?
Incidentally, while a $20 million write off is bad in anyone's books that is only one seven hundredth of their portfolio – less than 0.143% (if my arithmetic is correct).
That is, I understand ACC have so far put aside some 14 billion dollars.
Rather like someone who had invested $700 losing $1 while the other $699 was still growing.
#11
hukildaspida
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Posted 21 June 2011 - 10:26 PM
http://www.stuff.co....n-Australia-Key
Pike River mine would be illegal in Australia - Key
JOHN HARTEVELT
Last updated 13:00 21/06/2011
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Pike River Disaster
Mine Rescue plan first access since explosions Pike River sculpture selected Granite memorial for Pike miners Mine-gas levels off the scale Three commissioners on Pike River inquiry cost $1m Union threatens Pike River blacklist Pike River mine re-entry work delayed No 'credible' plan to enter Pike River mine - PM Pike miner's baby born Public briefing on secret Pike meeting
Prime Minister John Key has admitted to foreign media that the Pike River coalmine "would be illegal in Australia".
The comment has sparked a backlash from Labour leader Phil Goff, who has described it as ''an unbelievable about-face''.
The Australian newspaper reported that Key had yesterday "vowed that there would be changes to mining safety laws".
He told the newspaper that the Pike River mine, which was a single-entry uphill mine, "couldn't have been constructed in Australia" because it would have been "illegal".
"There will be changes in New Zealand," Key said.
He repeated comments to New Zealand media that a full response on mining safety would have to wait until the conclusion of the royal commission into the Pike River mine disaster, which killed 29 men in November last year.
But, in an apparent departure from his comments at the time of the disaster, Key conceded that the mine could not have been operational in Australia.
In November last year, however, he said: "I have no reason to believe that New Zealand safety standards are any less than Australia's."
Key has this afternoon landed in Wellington after a short trip to Canberra and Sydney. He will face questions over the comments when Parliament sits this afternoon.
Already, Goff has said the "sudden change in his position" is "quite incredible".
"Just a month ago he publicly condemned a union representative for questioning safety at the mine, accusing her of being 'churlish and insensitive'," Goff said.
"He also said it was 'dangerous' to raise concerns about safety issues when the Royal Commission of Inquiry was still underway. Yet he is now making similar claims himself while the Commission is still underway."
If there was any new evidence about serious safety issues in New Zealand's mines, there should be immediate action to address those concerns, Goff said.
The royal commission is currently receiving written submissions and open hearings will recommence in July.
- The Press
Well, well, well what does this say about our own http://www.acc.co.nz and there shonky "unsafe" investments?
No wonder Ian Simpson whom used to work in http://www.acc.co.nz Finances and now working for EQC was stumbling with words out of his mouth on Campbelllive this week when he was interviewed about Christchurch people and the way EQC are fudging around with the handling of their insurance claims.
Ian Simpson should be locked up in jail for harm he has done due to his incompetence and what he is doing to New Zealand people.First Pike River Mine families and know Canterbury.
He must be sacked and prosecuted if evidence is there of his neglience and failing in Duty of Care.
Pike River mine would be illegal in Australia - Key
JOHN HARTEVELT
Last updated 13:00 21/06/2011
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Pike River Disaster
Mine Rescue plan first access since explosions Pike River sculpture selected Granite memorial for Pike miners Mine-gas levels off the scale Three commissioners on Pike River inquiry cost $1m Union threatens Pike River blacklist Pike River mine re-entry work delayed No 'credible' plan to enter Pike River mine - PM Pike miner's baby born Public briefing on secret Pike meeting
Prime Minister John Key has admitted to foreign media that the Pike River coalmine "would be illegal in Australia".
The comment has sparked a backlash from Labour leader Phil Goff, who has described it as ''an unbelievable about-face''.
The Australian newspaper reported that Key had yesterday "vowed that there would be changes to mining safety laws".
He told the newspaper that the Pike River mine, which was a single-entry uphill mine, "couldn't have been constructed in Australia" because it would have been "illegal".
"There will be changes in New Zealand," Key said.
He repeated comments to New Zealand media that a full response on mining safety would have to wait until the conclusion of the royal commission into the Pike River mine disaster, which killed 29 men in November last year.
But, in an apparent departure from his comments at the time of the disaster, Key conceded that the mine could not have been operational in Australia.
In November last year, however, he said: "I have no reason to believe that New Zealand safety standards are any less than Australia's."
Key has this afternoon landed in Wellington after a short trip to Canberra and Sydney. He will face questions over the comments when Parliament sits this afternoon.
Already, Goff has said the "sudden change in his position" is "quite incredible".
"Just a month ago he publicly condemned a union representative for questioning safety at the mine, accusing her of being 'churlish and insensitive'," Goff said.
"He also said it was 'dangerous' to raise concerns about safety issues when the Royal Commission of Inquiry was still underway. Yet he is now making similar claims himself while the Commission is still underway."
If there was any new evidence about serious safety issues in New Zealand's mines, there should be immediate action to address those concerns, Goff said.
The royal commission is currently receiving written submissions and open hearings will recommence in July.
- The Press
Well, well, well what does this say about our own http://www.acc.co.nz and there shonky "unsafe" investments?
No wonder Ian Simpson whom used to work in http://www.acc.co.nz Finances and now working for EQC was stumbling with words out of his mouth on Campbelllive this week when he was interviewed about Christchurch people and the way EQC are fudging around with the handling of their insurance claims.
Ian Simpson should be locked up in jail for harm he has done due to his incompetence and what he is doing to New Zealand people.First Pike River Mine families and know Canterbury.
He must be sacked and prosecuted if evidence is there of his neglience and failing in Duty of Care.
#12
hukildaspida
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Posted 21 June 2011 - 11:33 PM
http://www.theaustra...x-1226078805271
Death mine would be illegal here: John Key
Dennis Shanahan, Ean Higgins
From: The Australian
June 21, 2011 12:00AM
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NEW Zealand Prime Minister John Key has for the first time acknowledged serious deficiencies in his country's mining safety regulations, saying the Pike River coalmine where 29 men died "would be illegal in Australia".
Faced with mounting allegations that New Zealand coalmines lack equipment and procedures that are compulsory in Australia, Mr Key vowed yesterday that there would be changes to mining safety laws.
In an exclusive interview with The Australian, Mr Key said his government wasn't in a position to "give a full response" on mining safety until the conclusion of the royal commission into the methane gas explosion that ripped through the Pike River mine in November, but he said "we do have to ask the question" about safety standards.
He said the Pike River mine, which was a single-entry uphill mine, "couldn't have been constructed in Australia" because it would have been "illegal".
"There will be changes in New Zealand," he said.
Mr Key's admissions mark a reversal of the staunch defence of New Zealand's mining regulations that he and Energy Minister Gerry Brownlee mounted immediately after the disaster.
After the explosion, The Australian reported claims by Australian mining experts saying the Pike River operation did not have safety equipment that would be standard issue in Australia.
"I have no reason to believe that New Zealand safety standards are any less than Australia's," Mr Key said at the time.
But in recent months various mining experts have pointed to big gaps in regulations between the two countries in mine safety.
The Pike River mine had only one tunnel, denying the miners the chance of escaping by a second route, and no "tube bundling" system of gas measurement.
Two Australians, Willie Joynson and Josh Ufer, died in the explosion. Ufer's mother, Joanne, has quit her job at a central Queensland mine to advocate for the miners' bodies to be retrieved from the mine.
She said she was surprised that Mr Key had admitted New Zealand's safety standards were wanting. "Why didn't it come out 12 months ago or two years ago when Pike first opened? They would have kept getting away with it but for this tragedy," she said. "If anything at all comes out of this, it should be a change in the safety standards."
Joynson's cousin Russell Joynson, who acted as a family spokesman in the immediate aftermath of the disaster and is a former underground coalminer, said New Zealand needed to immediately overhaul mining safety regulations.
"I find it hard to believe, with Australia being so close, that . . . New Zealand hasn't tried to mirror Australia's standards," Mr Joynson said.
Additional reporting: Sarah Elks
Death mine would be illegal here: John Key
Dennis Shanahan, Ean Higgins
From: The Australian
June 21, 2011 12:00AM
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NEW Zealand Prime Minister John Key has for the first time acknowledged serious deficiencies in his country's mining safety regulations, saying the Pike River coalmine where 29 men died "would be illegal in Australia".
Faced with mounting allegations that New Zealand coalmines lack equipment and procedures that are compulsory in Australia, Mr Key vowed yesterday that there would be changes to mining safety laws.
In an exclusive interview with The Australian, Mr Key said his government wasn't in a position to "give a full response" on mining safety until the conclusion of the royal commission into the methane gas explosion that ripped through the Pike River mine in November, but he said "we do have to ask the question" about safety standards.
He said the Pike River mine, which was a single-entry uphill mine, "couldn't have been constructed in Australia" because it would have been "illegal".
"There will be changes in New Zealand," he said.
Mr Key's admissions mark a reversal of the staunch defence of New Zealand's mining regulations that he and Energy Minister Gerry Brownlee mounted immediately after the disaster.
After the explosion, The Australian reported claims by Australian mining experts saying the Pike River operation did not have safety equipment that would be standard issue in Australia.
"I have no reason to believe that New Zealand safety standards are any less than Australia's," Mr Key said at the time.
But in recent months various mining experts have pointed to big gaps in regulations between the two countries in mine safety.
The Pike River mine had only one tunnel, denying the miners the chance of escaping by a second route, and no "tube bundling" system of gas measurement.
Two Australians, Willie Joynson and Josh Ufer, died in the explosion. Ufer's mother, Joanne, has quit her job at a central Queensland mine to advocate for the miners' bodies to be retrieved from the mine.
She said she was surprised that Mr Key had admitted New Zealand's safety standards were wanting. "Why didn't it come out 12 months ago or two years ago when Pike first opened? They would have kept getting away with it but for this tragedy," she said. "If anything at all comes out of this, it should be a change in the safety standards."
Joynson's cousin Russell Joynson, who acted as a family spokesman in the immediate aftermath of the disaster and is a former underground coalminer, said New Zealand needed to immediately overhaul mining safety regulations.
"I find it hard to believe, with Australia being so close, that . . . New Zealand hasn't tried to mirror Australia's standards," Mr Joynson said.
Additional reporting: Sarah Elks
#13
BLURB
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Posted 22 June 2011 - 07:36 AM
Quote
"I have no reason to believe that New Zealand safety standards are any less than Australia's," Mr Key said at the time.
Only because Key listens to, and accepts, a load of bullshit spin from arseholes in the industry who wanted to make millions at the sake of miners safety!
Just like ACC, Key, Plonker Smith, they don't care about injured people in NZ, plonker smith and key are more interested in listening to the bullshit advisers/lobbyists like AON who are only interested in making a quike buck without providing help like rehabilitation etc to injured people!
Its about time people in this country woke up and started doing something about it!
ACCsux is a good example of someone trying to get the message out there. Good on you Peter.
#14
hukildaspida
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Posted 11 November 2011 - 07:55 PM
http://www.news.com....9-1226192957210
Pike River Coal's former CEO Peter Whittall charged over 2010 NZ mine explosion that killed 29
AP
November 11, 2011 6:18PM
New Zealand Mine Explosion
Pike River Coal's former CEO Peter Whittall (right) is among those charged over the disaster. Picture: AP
PIKE River Coal's former chief executive Peter Whittall faces 12 criminal charges over the 2010 mine explosion that killed 29 miners, the New Zealand Labour Department confirmed today.
A methane-fueled explosion rocked the Pike River coal mine in southwestern New Zealand on November 19, 2010, trapping the 29 men. A second major explosion five days later dashed hopes that any workers had survived.
The department announced charges yesterday in the disaster but declined to immediately detail them or name the defendants because of strict court rules on name-suppression in pending cases.
It said today that those rules were lifted in this case.
Whittall's charges include four counts of failing to ensure that "no action or inaction" in his role at the company "harmed another person."
"These failures relate to methane explosion management, strata management, ventilation management and mitigating the risk and impact of an explosion," the department said in a release.
Other charges were also filed against the now-bankrupt Pike River Coal company and against the VLI Drilling company.
Whittall's lawyers said Whittall denied all the charges and would fight them.
"Mr Whittall is a coal miner,"his lawyers wrote in a release. "He comes from a coal mining town and has worked in underground mines all his life. He maintains that he would never do anything to put men who worked with him at risk. And Mr Whittall will fight being scapegoated now."
Read more: http://www.news.com....0#ixzz1dNwnpLW8
Pike River Coal's former CEO Peter Whittall charged over 2010 NZ mine explosion that killed 29
AP
November 11, 2011 6:18PM
New Zealand Mine Explosion
Pike River Coal's former CEO Peter Whittall (right) is among those charged over the disaster. Picture: AP
PIKE River Coal's former chief executive Peter Whittall faces 12 criminal charges over the 2010 mine explosion that killed 29 miners, the New Zealand Labour Department confirmed today.
A methane-fueled explosion rocked the Pike River coal mine in southwestern New Zealand on November 19, 2010, trapping the 29 men. A second major explosion five days later dashed hopes that any workers had survived.
The department announced charges yesterday in the disaster but declined to immediately detail them or name the defendants because of strict court rules on name-suppression in pending cases.
It said today that those rules were lifted in this case.
Whittall's charges include four counts of failing to ensure that "no action or inaction" in his role at the company "harmed another person."
"These failures relate to methane explosion management, strata management, ventilation management and mitigating the risk and impact of an explosion," the department said in a release.
Other charges were also filed against the now-bankrupt Pike River Coal company and against the VLI Drilling company.
Whittall's lawyers said Whittall denied all the charges and would fight them.
"Mr Whittall is a coal miner,"his lawyers wrote in a release. "He comes from a coal mining town and has worked in underground mines all his life. He maintains that he would never do anything to put men who worked with him at risk. And Mr Whittall will fight being scapegoated now."
Read more: http://www.news.com....0#ixzz1dNwnpLW8
#15
not their victim
- Advanced Member
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- Group: Members
- Posts: 3674
- Joined: 04-August 08
Posted 11 November 2011 - 08:05 PM
Hadnt he only been CEo for about 6 weeks?
WOW
WOW
#16
doppelganger
- Advanced Member
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- Group: Members
- Posts: 1356
- Joined: 19-September 03
Posted 12 November 2011 - 10:33 AM
It also goes back to the previous CEO and board members not to miss out on the owners.
In regard to your wish to attend Polytech, which you advise you could only do with financial assistance; we regret that we are unable to assist in your situation as if you wish to improve your employment possibilities beyond pre-accident level, this must be considered your personal choice and responsibility. Case manager Mr D. J. Lamond 26 May 1988
"If the right to be heard is to be a real right which is worth anything, it must carry with it a right in the accused man to know the case which is made against him. He must know what evidence has been given and what statements have been made affecting him and then he must be given a fair opportunity to correct or contradict them. .... It follows, of course that the judge or whoever has to adjudicate must not hear evidence or receive representations from one side behind the back of others.The court will not require whether the evidence or representations did work to his prejudice. Sufficient that they might do so. The court will not go into the likelihood ofprejudice. The risk of it is enough."Lord Denning [1962] A.C. at page 337.
In Escoigne Properties Ltd v Inland Revenue Commissioners [1958] AC 549 Lord Denning said at pp 566:
"Thus one of the best ways, I find, ofunderstanding a statute is to take some specific which, by common consent, are intended to be covered by it. I can say at once: "Yes, that is the sort ofthing Parliament intended to "cover". The reason is not far to seek. When the draftsman is drawing the Act, he has in mind particular instances which he wishes to cover. He frames aformula which he hopes will embrace them all with precision. But the formula is as unintelligible as a mathematical formula to anyone except experts: and even then they have to know what the symbols mean. To make it intelligible, you must know the sort of thing that Parliament had in mind. So you have resort to particular instances to gather the meaning. "
"If the right to be heard is to be a real right which is worth anything, it must carry with it a right in the accused man to know the case which is made against him. He must know what evidence has been given and what statements have been made affecting him and then he must be given a fair opportunity to correct or contradict them. .... It follows, of course that the judge or whoever has to adjudicate must not hear evidence or receive representations from one side behind the back of others.The court will not require whether the evidence or representations did work to his prejudice. Sufficient that they might do so. The court will not go into the likelihood ofprejudice. The risk of it is enough."Lord Denning [1962] A.C. at page 337.
In Escoigne Properties Ltd v Inland Revenue Commissioners [1958] AC 549 Lord Denning said at pp 566:
"Thus one of the best ways, I find, ofunderstanding a statute is to take some specific which, by common consent, are intended to be covered by it. I can say at once: "Yes, that is the sort ofthing Parliament intended to "cover". The reason is not far to seek. When the draftsman is drawing the Act, he has in mind particular instances which he wishes to cover. He frames aformula which he hopes will embrace them all with precision. But the formula is as unintelligible as a mathematical formula to anyone except experts: and even then they have to know what the symbols mean. To make it intelligible, you must know the sort of thing that Parliament had in mind. So you have resort to particular instances to gather the meaning. "
#17
hukildaspida
- Advanced Member
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- Group: Members
- Posts: 2355
- Joined: 24-August 07
Posted 22 November 2011 - 09:03 PM
Does anyone know whom at http://www.acc.co.nz Investment Team decided to invest in Pike River Mine?
Who signed the investment off on our behalf as stakeholders in http://www.acc.co.nz and when?
Is the person (or people) who did sign the investment into Pike River Coalmine under investigation as well for their role in investing in a business that clearly was not a safe working environment?
We as stakeholders are entitled to answers as it is our Public Funds.
We don't recall the media asking some of these questions that need to be publically answered.
Who signed the investment off on our behalf as stakeholders in http://www.acc.co.nz and when?
Is the person (or people) who did sign the investment into Pike River Coalmine under investigation as well for their role in investing in a business that clearly was not a safe working environment?
We as stakeholders are entitled to answers as it is our Public Funds.
We don't recall the media asking some of these questions that need to be publically answered.
Huggy, on 23 November 2010 - 06:00 AM, said:
Do the figures 17 million shares @ $1.20 a share a few months ago equates to nearly $20.5 million dollars in shares.
PIKE RIVER COAL LIMITED
114243
Shareholdings
Total Number of Shares: 414,327,334
Extensive Shareholdings: Yes
102,637,600
488250
NZOG SERVICES LIMITED
Level 20, 125 The Terrace, Wellington
26,246,304
GUJARAT NRE LIMITED
Lot 1, Cnr Bellambi & Princes Highway,, Russell Vale, Nsw, Australia
22,309,358
SAURASHTRA WORLD HOLDINGS PTE LIMITED
3 Phillip Street #18-00, Commerce Point, Singapore
17,033,320
ACCIDENT COMPENSATION CORPORATION-NZCSD
C/o National Nominees New Zealand Ltd, 125 Queen Street, Level 2, Bnz Tower, Auckland, New Zealand
12,010,907
402062
NATIONAL NOMINEES LIMITED
125 Queen Street, Level 2, Bnz Tower, Auckland, Nz
5,966,321
1474228
NEW ZEALAND SUPERANNUATION FUND NOMINEES LIMITED
Level 17, Amp Tower, 29 Customs Street West, Auckland
5,143,132
AMP INVESTMENTS STRATEGIC EQUITY GROWTH FUND
C/o Bnp Paribus Securities Services, L15, 171 Featherston Street, Wellington
3,803,283
DOUGLAS, Kevin Michelle
125e Sir Francis Drake Blvd, Suite 400, Larkspur Ca
2,530,305
NATIONAL NOMINEES LIMITED
L18, 500 Bourke Street, Melbourne
2,004,091
303826
HSBC NOMINEES (NEW ZEALAND) LIMITED
Level 9, One Queen Street, Auckland 1
The validation code for this Company Extract is: EXT18802290
For further details relating to this company, check www.companies.govt.nz.
Extract generated 23 November 2010 07:53 AM NZDT
PIKE RIVER COAL LIMITED
114243
Shareholdings
Total Number of Shares: 414,327,334
Extensive Shareholdings: Yes
102,637,600
488250
NZOG SERVICES LIMITED
Level 20, 125 The Terrace, Wellington
26,246,304
GUJARAT NRE LIMITED
Lot 1, Cnr Bellambi & Princes Highway,, Russell Vale, Nsw, Australia
22,309,358
SAURASHTRA WORLD HOLDINGS PTE LIMITED
3 Phillip Street #18-00, Commerce Point, Singapore
17,033,320
ACCIDENT COMPENSATION CORPORATION-NZCSD
C/o National Nominees New Zealand Ltd, 125 Queen Street, Level 2, Bnz Tower, Auckland, New Zealand
12,010,907
402062
NATIONAL NOMINEES LIMITED
125 Queen Street, Level 2, Bnz Tower, Auckland, Nz
5,966,321
1474228
NEW ZEALAND SUPERANNUATION FUND NOMINEES LIMITED
Level 17, Amp Tower, 29 Customs Street West, Auckland
5,143,132
AMP INVESTMENTS STRATEGIC EQUITY GROWTH FUND
C/o Bnp Paribus Securities Services, L15, 171 Featherston Street, Wellington
3,803,283
DOUGLAS, Kevin Michelle
125e Sir Francis Drake Blvd, Suite 400, Larkspur Ca
2,530,305
NATIONAL NOMINEES LIMITED
L18, 500 Bourke Street, Melbourne
2,004,091
303826
HSBC NOMINEES (NEW ZEALAND) LIMITED
Level 9, One Queen Street, Auckland 1
The validation code for this Company Extract is: EXT18802290
For further details relating to this company, check www.companies.govt.nz.
Extract generated 23 November 2010 07:53 AM NZDT
#18
Marty
- Advanced Member
-
- Group: Members
- Posts: 34
- Joined: 30-March 11
Posted 23 November 2011 - 12:09 PM
hukildaspida, on 22 November 2011 - 09:03 PM, said:
Does anyone know whom at http://www.acc.co.nz Investment Team decided to invest in Pike River Mine?
Who signed the investment off on our behalf as stakeholders in http://www.acc.co.nz and when?
Is the person (or people) who did sign the investment into Pike River Coalmine under investigation as well for their role in investing in a business that clearly was not a safe working environment?
We as stakeholders are entitled to answers as it is our Public Funds.
We don't recall the media asking some of these questions that need to be publically answered.
Who signed the investment off on our behalf as stakeholders in http://www.acc.co.nz and when?
Is the person (or people) who did sign the investment into Pike River Coalmine under investigation as well for their role in investing in a business that clearly was not a safe working environment?
We as stakeholders are entitled to answers as it is our Public Funds.
We don't recall the media asking some of these questions that need to be publically answered.
hukildaspida - write a reqest under IFO to ACC or PM for info !
#19
jocko
- Advanced Member
-
- Group: Members
- Posts: 852
- Joined: 15-September 03
Posted 25 November 2011 - 09:40 AM
17,033,320
ACCIDENT COMPENSATION CORPORATION-NZCSD
C/o National Nominees New Zealand Ltd, 125 Queen Street, Level 2, Bnz Tower, Auckland, New Zealand
12,010,907
402062
NATIONAL NOMINEES LIMITED
125 Queen Street, Level 2, Bnz Tower, Auckland, Nz
5,966,321
1474228
NEW ZEALAND SUPERANNUATION FUND NOMINEES LIMITED
Level 17, Amp Tower, 29 Customs Street West, Auckland
5,143,132
ACCIDENT COMPENSATION CORPORATION-NZCSD
C/o National Nominees New Zealand Ltd, 125 Queen Street, Level 2, Bnz Tower, Auckland, New Zealand
12,010,907
402062
NATIONAL NOMINEES LIMITED
125 Queen Street, Level 2, Bnz Tower, Auckland, Nz
5,966,321
1474228
NEW ZEALAND SUPERANNUATION FUND NOMINEES LIMITED
Level 17, Amp Tower, 29 Customs Street West, Auckland
5,143,132
