WA mining bosses' flight missing

WA mining bosses' flight missing

au.news.yahoo.com

An airplane chartered by a Perth-based resources company is believed to have crashed in Africa with nine passengers on board.

Talbot Group owner and director of Sundance resources Ken Talbot has been confirmed as one of six Australian mining executives among nine people missing.

(visit the link for the full news article)

Can you say suss! Amid the biggest mining tax, the 40%Mining Profits Super Tax, attempt by the Australian Government 6 mining executives disappear on a flight in Africa.
Now I know the mining industry was making it difficult for ol' Kevin Rudd PM, but I didn't think it would come to this.

Most of those on board the plane are connected to the iron ore miner Sundance Resources, a West Australian based company listed on the ASX.

au.news.yahoo.com
(visit the link for the full news article)

Can I ask, how this is suss?

And how it's related to the super tax?

Think about it.
Government trying to push the world's biggest tax ever on the mining industry.
Mining industry makes it hard by starting fear campaign against mining tax.
Government running out of time trying to find resolution.
Mining executives start falling out of the sky....

reply to post by spearhead


But if the government kills off the mining companies...how do they collect the super tax?

reply to post by spearhead


Doubtful.

There are others, such as Andrew Forrest who have made more waves in regards to the tax.

The empire of Andrew Forrest, for example, is totally focused on the Australian sector, with all his investments concentrated around the Pilbara region. Ken Talbot, on the other hand, has investments in mining operations around the world, so may be able to switch focus to foreign operations.

www.smartcompany.com.au...

You'll note, that Ken Talbot is one of the missing men on the plane.

Explanation: S&F!

I note that it could be an attempt by fellow mining magnates to get rid of a fellow mining competitor who may have been about to bail out on them in "their" collective fight with the current federal government over the farcical fight that is the 40% super-profits mining boom tax which is supposed to go into superannuation to benefit the general australians welfare and retirement and which also being superannuation which is invested in the stockmarkets etc could be mandated by law to be invested BACK INTO THE MINING COMPANIES which of course would benefit everyone involved!

Personal Disclosure: Sigh!

Was it the additional 40% tax hit on mining profits planned for 2012 that's related to this, or possibly the fact Talbot was due to face court charges of paying secret commissions to a disgraced former cabinet minister? Whatever the reason, this alleged "disappearance" certainly appears shady.

Shady... well what ever way it looks.....

Its funny how PM Rudd has said Australian Authorities will leave" no stone unturned" in finding the missing men,is it because they are extremely wealthy that they get the maximum effort to find them .If it was six average joes would they look under as many stones,i doubt it.Anyway heres the plane,looks like a good reliable one with STOL capabilities which could help in an emergency landing (lower stall speed so you drop onto the jungle canopy slower)but jungle landings are always going to be hard if thats what happened.Hope they are ok
www.fas.org...

[edit on 20-6-2010 by 12voltz]

[edit on 20-6-2010 by 12voltz]

This story seemed strange the first time I heard about it. Here is another link to the story:
Grim search for Australian mining executives

SIX Australian mining executives including Queenslander Ken Talbot, one of the nation's richest men, are among 11 people feared dead after their plane went missing in West African jungle.

The plane, which took off in clear weather, had departed from the Cameroon capital of Yaounde on Saturday morning when contact was lost after 38 minutes.

"It left Yaounde international airport on Saturday June 19 at 9.13am (6.13pm AEST) with an estimated arrival time of 10:20am (7.20pm AEST)... The last contact took place at 9:51am (6.51pm AEST)," a Cameroon official said.

The CASA C-212 twin turboprop, chartered by Western Australian-based mid-tier mining company Sundance Resources, was flying to the company's Mbalam iron ore project in southern Cameroon.

Other than Mr Talbot, the Australian mining executives on the flight were: Sundance chairman Geoff Wedlock, chief executive Don Lewis, directors Craig Oliver and John Jones, and company secretary John Carr-Gregg. All of the men other than Mr Talbot are believed to be from Perth.

[edit on 20/6/2010 by Dark Ghost]

EU banned charter flight operator

The charter flight operator carrying mining billionaire Ken Talbot and Sundance Resources chairman Geoff Wedlock had been banned by the European Union following three earlier safety incidents - one as recent as 2008.

Flight Safety Foundation, a global independent body for aviation safety, listed three safety incidents for the Brazzaville, Congo-based company, Aero-Service, occurring in January 2008 and March 1994.

The flight safety body also said Aero-Service was banned from operating within the EU.

nothing suss

Ken Talbot

1. One of Australia's richest men
   
2. Built his billion dollar fortune on coal and hotels
   
3. Caught up in political scandal involving undeclared 6 figure payments to MP Gorden Nuttal
   

Ken Talbot - the ambitious mining king who would not retire

Mr Talbot was due to appear in a Brisbane court in August charged with making corrupt payments totalling almost $360,000 to disgraced former Queensland cabinet minister Gordon Nuttall.

Wilson Tuckey agrees with you spearhead.

He thinks the timing is convenient too.

reply to post by Dark Ghost


Hum, very suspicious. 11 well drillers died on that gulf drilling platform .. now 11 mining people go missing. 11 11 ... Me thinks the gods are trying to tell us something here. "Stop attacking the planet .. OR ELSE!"

[edit on 21-6-2010 by Divinorumus]

reply to post by Chadwickus


I think Tuckey's point is that if it wasn't for this super tax then mining executives wouldn't be overseas out-sourcing minerals in foreirgn countries.
Although this particular company may well have been sourcing iron ore from africa anyway it is an example of what will happen to the Australian Mining Industry. It will be not necessarily cheaper, but more profitable for corporations to mine in other countries and export from there as opposed to mining in Australia and exporting with a 40% tax on profits.

reply to post by Divinorumus

11 well drillers died on that gulf drilling platform .. now 11 mining people go missing. 11 11

all we need is one more 11 to start a profecy for the 11/11/11. THE END TIMES.......

nothing suss

[edit on 21/6/10 by spearhead]

reply to post by spearhead


Here's the next 11 to complete the sign of the end
news.mining.com...
or here
w-eleven.com...
or here
www.timesonline.co.uk...
or here
news.bbc.co.uk...
the moral of the story is dont go in a mine with ten other people

Heres the latest on the missing plane ,it appears no one survived
www.sbs.com.au...

Just wanted to add another link to the story:

Sundance board were flying on banned airline

Peter Stening, the co-founder of Stening Simpson, the largest risk management firm in the Asia-Pacific region, said yesterday that he was "staggered" that standard procedures to protect VIPs and corporate leaders travelling in danger zones and Third World countries had not been followed.

Mr Stening said that his firm had banned the use of both the Congo-based airline, Aero-Service, and the aircraft type, a twin-prop CASA C-212, as they were flagged as having poor safety records in aviation databases.

He also said that the Sundance executives should have been shuttled to the company's Mbalam iron ore operation in smaller groups if only one approved charter plane was available.

"This should never have happened. We would never, ever allow a company's board to travel on the same aircraft. It's nonsensical. You just don't do it. The risk is too high," Mr Stening told The Australian.

Questions about the planning for the trip have also been raised after Sundance was forced to charter a plane from Aero-Service after its initial carrier of choice, Jetfly, did not receive the required clearances to travel into Congo airspace.

The group had flown to Africa on Talbot's private 19-seater jet. However, it was too big to land at the airstrip nearest to Mbalam.

(Extract from above story, bold is mine for emphasis.)

It seems the plot thickens...

[edit on 22/6/2010 by Dark Ghost]