🕐07.12.09 - 04:22 Uhr

Pike River news release - Continuous Miner Back on Track



1 news release
7 December 2009
CONTINUOUS MINER BACK ON TRACK
Mining operations at Pike River Coal have received a boost with one of the company"s continuous
miners back at the mine face following completion of a software upgrade to the new traction
system, says Pike River chief executive Gordon Ward.
"The software upgrade was the final step in getting this piece of machinery 100% operational,"
says Mr Ward.
"Having this upgrade completed means the electric drives on the continuous miner are now back
to being fully functional and complementary with the crawler traction systems they run".
Mr Ward says the continuous miners - the machines which actually cut the coal to create the
mine roadways - are an essential part of Pike River"s mining operation so today"s news is a
welcome development.
"We have experienced a few issues with the continuous miners over past months, the major one
being with the tracks that were fixed at the German manufacturer"s expense."
"Now the software upgrade is completed, we expect to see these machines operate with far
greater reliability and enhanced performance."
Mr Ward says good progress is being made at three drill and blast faces and the company is on
track to getting through the rock graben (a faulted area) by late December/early January 2010.
"Once we get through the graben we are back into coal," says Mr Ward.
"The graben is only 100 metres in extent so once we are through that we"ll be driving towards the
first hydro panels and on our way to hydro-mining in the April - June 2010 quarter."
Further information:
Gordon Ward +64 4 494 0190 Peter Whittall +64 3 769 8400
Chief Executive and Managing Director General Manager, Mines
Pike River owns the rights to a premium hard coking coal resource located 50 kilometres north-east of
Greymouth, New Zealand.
Pike River shares are quoted on the NZSX and the ASX under the code "PRC"; and
options are quoted on the NZSX under code "PRCOA", and the ASX under code "PRCO".




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