ABOUT 1350 workers at Norwich Park mine in the Bowen Basin face an uncertain future following the decision by BHP to shut down production indefinitely.
BHP Billiton Mitsubishi Alliance (BMA) announced it would cease operation at the coal mine, southeast of Dysart, blaming the legacy of major flooding in 2010-11 as well as ongoing industrial action. http://www.couriermail.com.au/business/bhp-shuts-bowen-basin-mine/story-fn7kjcme-1226324389319
and members are expected to take industrial action from tonight through to Saturday.
The union will meet with senior BMA executives today to discuss the closure.
“We will be asking them to come clean and be up front with us,” Mr Smyth said.
Mr Dumble said the mine had been losing money for several months.
—-”I told a friend as more strikes the workers pushed on BMA they
would do just this, Close down the mine, pretext it is not making
money, then in a few months, put it on the Market..”
She shook her head, as if to say, ”What the heck do you know?”—
The Morning Bulletin, Rockhampton’s Paper
UP to 1400 workers face uncertainty after resources giant BMA announced it would shut Dysart’s Norwich Park mine in a month.
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Getting it into perspective:
BHP Billiton has reported a rare fall in earnings, hurt by labour battles and weaker commodity prices, but the result shows it is still in a different league from its would-be rival: Glencore-Xstrata.
Despite the 6 per cent drop in half-year profit to $US9.94 billion ($9.2 billion), BHP made more cash profits in six months than the $US90 billion marriage of commodities trader Glencore and miner Xstrata would have made in all of 2011 – and from far fewer revenues.
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