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Glencore axes another 450 jobs

GLENCORE Xstrata has cut another 450 jobs from its high-performing Oaky North and Newlands mines in Queensland, prompting unions to question the newly merged company’s ability to manage some of Australia’s most prized longwall coal assets.

Lau Caruana
Glencore axes another 450 jobs

In a horror week for the Australian coal industry, Glenore Xstrata announced that it would shed 46 jobs at its Ravensworth underground mine in New South Wales and Peabody Energy said it would chop 450...

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