Murray Energy to lay off around 1,800

Industrial Metals

Mining.com reported that US coal miner Murray Energy Corp. would lay off up to 1,800 workers in response to falling prices and demand for coal.

Mining.com reported that US coal miner Murray Energy Corp. would lay off up to 1,800 workers in response to falling prices and demand for coal.

As quoted in the market news,

Speaking to the North American Coal bed Methane Forum on Thursday, CEO Robert Murray said layoffs were coming, adding that weak natural gas prices and the Obama administration were to blame.

Click here for the full Mining.com report

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