Anglo American to Cut 200 Contractor Jobs at Dawson Mine

Australian Mining reported that Anglo American plc (LSE:AAL) plans to cut 200 contractor jobs at its Queensland-based Dawson coal mine in order to save money in the current weak pricing environment.

As quoted in the market news:

[Aaron Puna, Dawson’s general manager,] said 200 operator roles would be cut, with the axe falling on the jobs as early as the end of November.

Puna said the process would be conducted ‘as carefully and sensitively as possible’ with the company to offer workers career advice, job searching resources and financial advisors.

‘We will now begin a consultation process with the workforce, working closely with our employee representatives and other key stakeholders during this time,’ he said.

Puna said despite the cuts, Dawson mine was still one of the largest operations in Queensland, employing around 1200 people.

Click here to read the full Australian Mining report.