CAPITAL MARKETS

Angus Place to be put on care and maintenance

CENTENNIAL Coal’s Angus Place longwall mine near Lithgow in New South Wales will be placed on care and maintenance after the company’s decision to rationalise its western operations – a move which could cost 168 jobs.

Lau Caruana

Angus Place to be put on care and maintenance

The company said that in response to the prolonged downturn in international coal markets it has proposed a proportion of the 268 strong Angus Place workforce be relocated to the neighbouring Springvale...

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