Buller loses bid to claw back interest on $4 million from Brightwater over escarpment plans

Tue, 16 Dec 2014

By Suze Metherell Dec. 16 (BusinessDesk) - Buller Coal, the would-be Denniston Plateau coal miner owned by Bathurst Resources, has lost an application in the High Court to claim interest on a $4 million advance to Brightwater Engineers, the consultant for the escarpment mine. In 2010, Buller sought resource consent for its planned escarpment coal mine on Denniston Plateau, which was finalised in May this year. At the same time as seeking the consents, it approached Brightwater in 2010 to provide engineering and contracting services for th...

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