Close to 500 breadwinners will lose their jobs, and more than $50 million a year will be sucked out of the Greymouth economy, as Spring Creek Mine is moved into care and maintenance.

Miners were emotional after a meeting with the Minister of State Owned Enterprises, saying he had made up his mind over their proposal before the meeting began.

The Pike River Royal Commission of Inquiry will not be reopened for more evidence and there will be no delay in the commission's report being published, a court has ruled.

Australia's resource boom affecting exchange rate for other exporters.