Job Market Monitor
Coal
Teck to cut 600 jobs as profit drops, defers Quintette coal mine restart – The Globe and Mail
Hit by low commodity prices Teck Resources Ltd. is cutting 600 jobs and deferring the reopening of its in British Columbia until market conditions become more favourable. Chosen excerpts by Job Market Monitor. Read the whole story at Teck to cut 600 jobs as profit drops, defers Quintette coal mine restart – The Globe and Mail. Related … Continue reading
Coal Miner in US / Jobs are vanishing
Coal mine employment in the U.S. has dropped nearly 20% in the past two years as the industry comes under intense competition from natural gas, according to data from SNL energy. From a recent high of about 94,000 in Q4 2011, mining jobs have fallen to about 77,000. Last year, natural gas matched coal in … Continue reading
Scotland / Government sets up mining jobs taskforce
A Scottish government taskforce has been set up to try to retain jobs at a collapsed coal-mining firm. Scottish Coal, which operated six open cast mines across Scotland, announced nearly 600 redundancies when it went into liquidation last week. Energy minister Fergus Ewing said the Scottish Open Cast Mining Taskforce would do everything it could … Continue reading
Pennsylvania – Coal companies – Layoffs blame on Obama administration
Pointing their fingers in part at regulations the Obama administration has imposed on their industry, two coal companies announced layoffs Friday. Pennsylvania’s PBS Coals Inc. and the affiliated RoxCoal Inc. announced that they would idle some of their deep and surface mines, laying off 225 employees in the process. “Both the foreign and domestic coal markets … Continue reading
Industrial Energy | 200 jobs under threat, briquette maker warns
A LATROBE Valley company owned by brown-coal generator HRL has warned that the carbon tax will force it to close, with the loss of 200 jobs, unless the Gillard government injects enough compensation to keep the company alive. With the government poised to release details of various taxpayer-funded assistance for industry, HRL subsidiary Industrial Energy … Continue reading
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