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mine Aboutusgenericimage_3 oy Fernie and Rachel Wight (L-R) Eunice Day, Lynda Connell and Ruth Wroe Steve Beale and Chris Dunphy, MIPEC (L-R)Gerda Dickfos, Heather Dellar and Rosie Dickens Margaret Hanrahan and Gladys Holmes mining Selma Draper and Darcy Sheather Port Rosemary McLeod and     Laurel Weedon Aboutusgeneric_2 (L-R) Rhonda Atkinson, Una Oates and Doug Olive (L-R)Joyce and Doug Olive and Shane Ryan dragline
mine Aboutusgenericimage_3 oy Fernie and Rachel Wight (L-R) Eunice Day, Lynda Connell and Ruth Wroe Steve Beale and Chris Dunphy, MIPEC (L-R)Gerda Dickfos, Heather Dellar and Rosie Dickens Margaret Hanrahan and Gladys Holmes mining Selma Draper and Darcy Sheather Port Rosemary McLeod and     Laurel Weedon Aboutusgeneric_2 (L-R) Rhonda Atkinson, Una Oates and Doug Olive

Anglo mine workforce in limbo
RESOLUTION of mechanical details required to finalise mine sale.
Wednesday 27 January 2016  

THE future of the Callide Mine workforce remains up in the air today, with the CEO for Batchfire Resources Peter Westerhuis saying it would be purely speculative to discuss the issue while the sale is still being finalised.

Many people will remember Mr Westerhuis from his days as boss at Ensham mine in 2011. Last week his name resurfaced as CEO for the newly created private Brisbane based company Batchfire Resources who is close to finalising a deal to buy the mine near Biloela.

In a short interview with Shift Miner, Mr Westerhuis said they were hopeful that the deal to buy Callide mine from Anglo American (for an undisclosed sum) would be finalised, but it was not yet a done deal.

“What the future is for the current workforce and the proposed Boundary Hill South expansions are both good questions,” he told Shift Miner.

“However the deal is not yet finalised, there are still some mechanical things to be worked through, so any comments about the future of the mine are still unfortunately speculative.

“So it is not going to be constructive for us to make comments about them until the deal is finalised, hopefully by April.”

The Callide mine is an open pit thermal coal mine which produces around seven and a half million tonnes of coal a year.

Unlike many other mines, the majority of its coal is sold direct to local power stations on long term fixed contracts.

However like many other mines, it has struggled to break even in recent years because the price paid for the coal is linked to global prices - which as everyone knows are at historic lows.

Aside from the price of coal, the mine has a suite of other problems including a very old mining fleet, and the stalled Boundary Hill South expansion project.

That expansion project has been in development for more than five years, but was cancelled in the last month prior to Anglo American announcing the probable sale of the mine to Batchfire Resources.


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