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Oaky No. 1 closed, jobs lost

IN ANOTHER sign that coal is not immune for the global slowdown, operations at the Oaky No. 1 longwall mine in Queensland have been suspended, with owner Xstrata blaming a slump in coking coal demand.

Angie Tomlinson
Oaky No. 1 closed, jobs lost

Xstrata will lay off 40 permanent staff and 190 contractors at the mine. The miner said existing vacancies at the neighbouring Oaky North mine would be filled using Oaky No. 1 employees where possible....

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