The General Manager of Dawson mine, Mr Aaron Puna, today announced Anglo American’s Dawson mine would be undergoing an operational and workforce review in response to current market conditions, targeting a reduction in labour and contractor costs.
"The continuing low coal prices have placed considerable pressure on the profitability of the Dawson operation so we will be implementing some necessary changes to address the current financial state of the operation and improve productivity," Mr Puna said.
"As part of this we will regrettably need to scale back some of our contractor workforce, and undertake a redundancy process which will include a portion of voluntary redundancies."
Mr Puna said approximately 200 operator roles would no longer be required.
"We expect to conclude the reductions by the end of November," he said.
"Implementation of the redundancy process will be done as carefully and sensitively as possible to ensure affected employees are offered every support including individual career advice, job searching resources and referral to an independent financial advisor.
"We will now begin a consultation process with the workforce, working closely with our employee representatives and other key stakeholders during this time.
"The important point here is that even after this restructure, Dawson mine will still be one of the largest mines in Queensland, with a workforce of approximately 1200 people.
"The review we have undertaken will help us create the right operating model for Dawson mine for the future, reducing costs, maintaining our strong focus on safety and delivering the productivity required for long-term business sustainability," Mr Puna said.
ENDS
For further information, please contact:
Metallurgical Coal Corporate Affairs:
Jacqui Strambi: +61 439 774 526
Notes to editors:
Anglo American is one of the world’s largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Our portfolio of mining businesses meets our customers’ changing needs and spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and phosphates; and precious metals and minerals – in which we are a global leader in both platinum and diamonds. At Anglo American, we are committed to working together with our stakeholders – our investors, our partners and our employees – to create sustainable value that makes a real difference, while upholding the highest standards of safety and responsibility across all our businesses and geographies. The company’s mining operations, pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.
www.angloamerican.com.au