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Macarthur resilient despite rising costs

MACARTHUR Coal has fought off rising expenses and notched up $A106.9 million net profit after tax in the last six months of 2008, while the open cut miner said its recent employee and contractor losses totalled 177.

Blair Price

Macarthur resilient despite rising costs

Although Macarthur's NPAT was short of previous guidance of $150-160 million, it was nearly eight times larger than the $13.50 million of the corresponding 2007 period. Despite the recent job cuts,...

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