
Glencore gives workers notice
The Tahmoor mine employs more than 300 workers. By Samantha James GLENCORE has told 350 workers at its Tahmoor coking coal mine in NSW that plans to close the mine will see the workforce gradually reduced across the next 18 months. The Swiss company said ongoing coal price weakness meant the economic return from Tahmoor reserves “are not sufficient to warrant the investment required to mine them” and all mining would cease by early 2019. “A number of options to continue operations were examined, including the proposed Tahmoor South and Tahmoor North projects, but current market conditions do not support these projects,” Glencore stated. “We appreciate this will be a difficult time for our employees and we will be putting…