- Write by:
-
Monday, October 15, 2018 - 9:26:57 AM
-
1383 Visit
-
Print
Mining News Pro - Hail Creek Mine is located 120 km south-west of Mackay in central Queensland and supplies international markets with hard coking and thermal coal. (Image courtesy of Rio Tinto.)
According to Mining News Pro -Miner and commodities trader Glencore (LON:GLEN) is cutting 430 jobs, or about 30 percent of the workforce at its Hail Creek coal mine in Queensland, Australia, following a 100-day review that began after it bought the asset from Rio Tinto.
Under the "reconfiguration" of Hail Creek, the two-dragline operation would become a truck-and-shovel mine with a seven-day-on, seven-day-off roster, meaning that employees at the mine would work seven days and take the next seven days off.
The Swiss company also said the majority of the changes will take in place by the second quarter of 2019.
Glencore is already the world`s No.1 exporter of thermal coal used for power stations, and Hail Creek — which was one of Rio Tinto’s last two remaining coal assets — gave it a bigger stake in metallurgical coal used in the making of steel.
In 2017, the mine produced about 9.4 million tonnes of coal, 5.25 million tonnes of which were coking coal and 4.13 thermal.
Short Link:
https://www.miningnews.ir/En/News/281334
Sibanye-Stillwater’s Queensland operations are back up and running following a period of severe weather in the first ...
Oxford Economics Australia has released data showing mine maintenance spending may be hitting its peak. But what does it ...
Manganese developer Element 25 (E25) will accelerate activities for the planned expansion of its Butcherbird manganese ...
A dual-fuelled ammonia-powered vessel from Fortescue has won the Hydrogen Transport award at the World Hydrogen 2024 ...
South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, ...
The Philippines said on Friday it aimed to add three more processing plants in the effort to develop a downstream ...
Copper climbed above $10,000 a ton as predictions for tighter global supplies and rising consumption in electric ...
Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains ...
Iron ore futures fell to their lowest in more than two weeks, pressured by an inventory accumulation at Chinese ports ...
No comments have been posted yet ...