Curragh Cuts Hours to Cut Costs

Australian Mining reported that Curragh coal mine has decided to cut hours to cut down its costs, instead of cutting jobs.

As quoted in the market news,

However Wesfarmers Curragh coal mine has taken a different tack, emulating Glencore’s efforts last Christmas break, by reducing hours and keeping its workforce, albeit on reduced wages.

A Curragh spokesperson stated:

In response to a further deterioration in the coal price and general market conditions Wesfarmers Curragh has advised its workforce of a number of changes to rosters at the mine.

Click here for the full Australian Mining report