All that remains after the mothballing of Solid Energy's
contentious $29 million Mataura lignite plant is a divided
community and tenant farmers, says the environmental group
which fought the state-owned enterprise's plans during the
past two years.
The effects of plunging global commodity prices will be high
on the agenda of New Zealand's annual mining conference this
week, with hundreds of New Zealand jobs shed during the past
year and all companies under operational reviews.
The Government's tagging of $100 million to prop up ailing
state-owned enterprise Solid Energy from the $3.5 billion
Mighty River Power part-sale has been described by Labour as
a ''cover-up gone wrong''.