Reported about 4 hours ago
Anglo American has announced a reduction of a 'small number' of jobs at its Brisbane office and nearby coal mines as part of efforts to adapt to declining coal prices and increasing operational costs. This follows a similar move by BHP, which cut 750 jobs in the area. Most of the job reductions at Anglo American were achieved through voluntary redundancies, with reports indicating around 200 positions were affected. The company operates five coal mines in Queensland and is focusing on its core copper assets following a significant merger proposal.
Source: YAHOO