Update due on Pike River buy

Solid Energy says it will announce an update on its proposed acquisition of the Pike River Coal assets today after a meeting in Greymouth with the families of the 29 men who died in the mining tragedy.

The announcement in March that the state-owned company was buying the mine was welcomed by the West Coast community as a "giant step" towards retrieving the bodies of the miners, trapped underground since the explosion in November 2010.


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