Coal news and updates

Anglo American will terminate 200 contractors from the company's Dawson coal mine in Queensland as early as the end of November, the mine's GM Aaron Puna said Monday.

 

"The continuing low coal prices have placed considerable pressure on the profitability of the Dawson operation so we will be implementing some necessary changes to address the current financial state of the operation and improve productivity," said Puna.

 

"We will now begin a consultation process with the workforce, working closely with our employee representatives and other key stakeholders during this time."

 

Dawson mine will retain roughly 1,000 employees, making it one of the largest operations in Queensland.

 

Source: www.mining.com