Business / Energy

Solid Energy to shut Spring Creek mine

13:05 pm on 3 February 2017

State-owned miner Solid Energy is closing its Spring Creek coal mine near Greymouth after failing to find a buyer.

In 2012, 350 permanent staff and contractors at Spring Creek mine lost their jobs. Photo: 123rf

Spring Creek stopped production in 2012.

A team of nine people who had been maintaining the site have been told the mine will be sealed.

Solid Energy went into voluntary administration in 2015 after being weighed down by heavy debt and a slump in international coal prices.