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    coal investing

    Proposed Murray River Mine to Rely Primarily on Foreign Workers

    Investing News Network
    Jan. 12, 2015 10:31AM PST
    Industrial Metals Investing

    The Globe and Mail reported that if HD Mining International Ltd.’s proposed Murray River coal project goes ahead, more than half of its employees will be temporary foreign workers in 2018.

    The Globe and Mail reported that if HD Mining International Ltd.’s proposed Murray River coal project goes ahead, more than half of its employees will be temporary foreign workers in 2018.

    As quoted in the market news:

     According to an executive summary, the number of temporary foreign workers at the project, for which preparatory work began in 2014, would peak in 2018 at 494 – 382 hourly and 112 management employees – out of a total of 764, or nearly 65 per cent. By 2027, plans call for zero hourly foreign workers and 20 managers out of a total of 764. Those levels are projected to stay the same for the rest of the mine’s life.

    Click here for the full Globe and Mail report

    coal investing
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