Coal miners wield jobs axe
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Coal miners wield jobs axe

Sydney : Australia | Dec 15, 2008 at 8:43 PM PST
Source: Sydney Morning Herald
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Xstrata has shut down half its coking coal production at a mine in Queensland, the latest cutback by miners in the country as a slowdown in global steelmaking slashes demand for coal and other raw materials. London-listed Xstrata suspended mining of the longwall at its Oaky Creek Number One project,... FULL ARTICLE AT Sydney Morning Herald
 
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  • Miners slash jobs as downturn sets in

      The Daily Telegraph (Australia)
    Anglo-Swiss mining giant Xstrata will lay off 40 full-time workers and about 190 contractors after suspending mining of the longwall at its Oaky Creek Number One project in central Queensland. Oaky Creek Number One yielded 6.2 million tonnes of coal...
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    Yesterday 545 jobs were cut in Queensland, which began to slash production of coking coal, the nation's most valuable export. The sharp fall in demand for raw materials that hit West Australian iron ore in recent months has now spread to Queensland,...
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  • China slowdown cripples coal

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