Pike River Coal Limited (NZE:PRC) is New Zealand's only listed coal mining company, becoming an NZX Top 50 company in July 2008. Pike River is owned by more than 8,000 shareholders and is in the business of mining and exporting premium hard coking coal. 
Pike River Coal Limited (NZE:PRC) reports a net deficit of NZ$9,551,000 for the six months ended 31 December 2008. The result reflects the pre-production status of the Pike River premium hard quality coking coal mine and the effect of the significant decline in the New Zealand dollar exchange rate relative to the United States dollar, on the convertible bonds held by Liberty Harbor.
Pike River Coal Limited (NZE:PRC) Pike River Coal Limited (NZE:PRC) new 108 metre ventilation shaft has suffered a rock fall affecting a 30-metre zone near the bottom of the shaft. Remedial activities are underway.
Pike River Coal Limited (NZE:PRC) Quarterly Activities Report to Dec 31, 2008
Pike River Coal (NZE:PRC) has confirmed the presence of three potentially mineable seams of low sulphur hard coking coal beneath the main Brunner seam it has opened up under the Paparoa Ranges.
Few would have imagined when we launched the prospectus for Pike River Coal's (NZE:PRC) initial public offering, just over a year ago, that the price of premium hard coking coal would have tripled to US$300 per tonne by the time production begins. Furthermore white-hot coking coal markets, driven by strong demand from China and India, are likely to keep coking coal prices higher than earlier forecasts over the next few years.
Conservation Minister Tim Groser says after a visit to the Pike River Coal (NZE:PRC) mining site that the company has set a new environmental standard for mining, with a 'showcase' development high in the Paparoa Ranges on the West Coast.
