Nashy
Immortal
Senior Staff
- Mar 5, 2008
- 54,374
- 34,654
Thought I would post this in Broncos talk since he's linked close to us...
http://www.couriermail.com.au/news/mini ... 5881942528
http://www.couriermail.com.au/news/mini ... 5881942528
A PLANE carrying one of Queensland richest businessmen, Ken Talbot, has gone missing while flying over the Congo with serious fears held for the safety of the mining magnate.
Mr Talbot and eight other executives were on board a charter flight from the Cameroon capital of Yaounde bound for the Mbalam iron ore project.
The project is owned by the WA-based Sundance Group in which Mr Talbot is a significant investor with about 14 per cent of the company.
It's understood Mr Talbot and one of his senior executives was on board the plane along with about seven senior executives of the Sundance Group.
The plane took off from Yaounde and lost contact about 25 minutes after take off.
The plane has now been missing for about 18 hours.
Mr Talbot, who founded Macarthur Coal and now runs a private global mining empire with an estimated net personal wealth of about $1.2 billion, was in Africa looking over some of his investments.
``No one knows at this stage but it does not look good,'' one friend of Mr Talbot's said today.
``No one has heard from the plane, which was chartered by Sundance to look over this project. There has been no word, no signal.''
Mr Talbot owns two large private jets himself and flew to Africa on one of them but his aircraft was too large to visit the iron own project in Cameron.
He was due to face court in August in Brisbane over allegations stemming from a CMC inquiry involving a payment of money to former Peter Beattie Minister Gordon Nuttall.
Mr Talbot has maintained his innocence throughout the court proceedings.