Mining boss drowns in NSW

The director of a junior mining company has drowned trying to rescue six South Korean students from tidal currents on the NSW central coast.

The Australian reports Tungsten Mining non-executive director Charlton Kable, 62, died after trying to rescue the students from Patonga Creek north of Sydney.

While Kable attempted to rescue the students, aged between 8 and 19, he was also swept away in the current.

According to The Australian locals later managed to pull Kable and the students into a boat, but he was already unconscious upon leaving the water.

Rescuers gave the mining director CPR until emergency services arrived but he was pronounced dead soon after.

All of the Korean students survived the accident.

Tungsten Mining managing director Paul Berndt said Kable's death was a “tragic loss” for his family, friends, and business partners.

Kable has worked consulting the mining industry since 1994, and also worked as a senior associate to Behre Dolbear Australia.

“Specialising in project valuation and project acquisition due diligence, he worked providing specialist financial consulting services to the mining industry,” his company profile reads.

Tungsten Mining is currently focused on a number of tenements in WA, and closed an initial public offering on the ASX last month.

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