A central Queensland coal mining company has announced it will cut more than 40 per cent of its workforce to try and cope with declining market conditions.
Ensham Resources says the workforce at its open cut operations near Emerald, west of Rockhampton, will be cut from 900 to 500.
It says the vast majority of the cuts will be contract positions.
It is the third coal company to announce cuts this week.
Ensham Resources spokesman Peter Westerhuis says more jobs could go if market conditions do not improve.
“We’ve reduced production by 40 per cent from a little over five million tonnes to only three million tonnes this year,” he said.
“At this point in time our forecast for next year is to stay at the current level of three million tonnes, but as I said before, if conditions continue to deteriorate then we’ll have to have another review of those decisions.”..