Xstrata cuts staff levels at Ravensworth coal mine

XSTRATA has cut staff at its Ravensworth underground coal mine in New South Wales, with the company blaming the slashing on poor market conditions.

Ravensworth will now restructure, reducing the number of development and maintenance crews in the process.

Reports suggest up to 46 positions will disappear although Xstrata is yet to confirm the figure to APN.

In a statement, Ravensworth general manager Tony Galvin said tough decisions were being made so the mine could stay profitable.

"We are proposing to continue operations on a scaled-down basis, which will mean consolidation of the workforce and, unfortunately, reductions in staff numbers.

The Federal Government estimates 9000 jobs have now been lost throughout the Australian coal industry, with 6000 of those in Queensland since early 2012.

This is not the first time Xstrata - soon-to-be rebranded as Glencore - has acting in the interests of consolidation.

It shed up to 100 jobs when it shut down or "consolidated" its Brisbane office, moving those willing to relocate to its headquarters in NSW.

In May, Xstrata dumped its ambitious plan to develop the Balaclava Island port project worth $1.billion and positioned to create 800 jobs.

The $7 billion Wandoan Coal Project, suspected to be the largest planned in the Southern Hemisphere, remains in the balance as lengthy court proceedings hold up Xstrata from making a final decision on its future.

Topics:  employment, glencore, job cuts, mining, xstrata



Local Real Estate

Featured Real Estate
FULLY SELF CONTAINED... $9500.00 From
Cabin $12.5K for 6 x 2.4 x 2.5m fully installed. D.I.Y $9.5k bare ...
Spacious, Modern, New... $549,000
House 4 2 4
Massive home, with 3... $669,000
House 4 2 2
GREAT 1ST HOME OR... $310,000
House 3 1 3

Featured Jobs

Rockhampton jobs listed daily

Featured Jobs
Mechanical Fitters &... Rockhampton Full Time
Mechanical Fitters &... Rockhampton Full Time
Labourer - Expressions... Rockhampton Full Time
Electrical Project... Rockhampton Full Time


Local Partners

LATEST DEALS AND OFFERS

Local Jobs

Search for your next job now!
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Subscription Sale

Subscribe now for $1 for 14 days.
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

Horoscopes

Leo

Printing, the written word and other forms of marketing will help you today. Take out an ad if you need to get your services or product out...

read more

Marketplace

Special Offers & Promotions

Compare & Save