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dragline Michael and Mark Brown Show attraction owners Trent Johnston – QLD Axemans Association Port fifo Steve Beale and Chris Dunphy, MIPEC Melissa Clifford-Death The Clermont Show Beef and Commercial Cattle Committee mining Aboutusgenericimage_3 Reid Efremoff (L-R) Zander, Megan, Mac, Jonty and Wylie Philp Construction Jo-Anne Burke, DB Scaffolding; Susan McGuire, Mayogroup Luca Shirley hugging goat at the petting zoo
dragline Michael and Mark Brown Show attraction owners Trent Johnston – QLD Axemans Association Port fifo Steve Beale and Chris Dunphy, MIPEC Melissa Clifford-Death The Clermont Show Beef and Commercial Cattle Committee mining Aboutusgenericimage_3 Reid Efremoff (L-R) Zander, Megan, Mac, Jonty and Wylie Philp Construction

Work stops at Boundary Hill
CALLIDE the first casualty in Anglo plan to slash 85,000 jobs.
Wednesday 09 December 2015  

AROUND 40 jobs are expected to be effected by a decision by Anglo American to stop work at the Boundary Hill mine - part of the Callide mining complex near Biloela.

In a short statement to Shift Miner, Anglo American explained their decision.

“We are currently in the process of the approvals for Boundary Hill South which is likely to be sometime in 2016,” they said.

“As we continue to work through the project’s approvals, and in light of the extremely challenging market conditions facing the coal industry now and in the foreseeable future, we will implement some operational changes, including parking up pieces of equipment and roster adjustments, until we have certainty on the timing of approval for Boundary Hill South so operations can move to this area.”

The decision comes as Anglo American announces it will completely restructure the business, and reduce its workforce from 135,000 to 50,000 worldwide.

While the details of where those jobs will be lost have not been released, Anglo has confirmed it will not pay a dividend this year or next, and has reaffirmed its desire to sell some or all of its Australian coal mines - including the Callide complex.

Anglo has been working through the environmental approvals required for the Boundary Hill South expansion since around 2011.

In April 2014 it put the proposed EIS out for public submission, but the process has stalled for more than a year with Anglo yet to respond to those public submissions, which would clear the way for them to put in an EIS for approval by the government.

The Boundary Hill South project involves developing an open cut mining operation south of the existing Boundary Hill area, but using the existing infrastructure and equipment.

The activities associated with the project include building a haul road north from the project’s new open cut pit to the existing Boundary Hill pit where spoil will be dumped. A section of Inverness road, which is currently within the project area will also be relocated.

The new mine would have a lifespan of 20 years at current production levels.

However for more than a year, Anglo has been trying to find a buyer for the entire Callide mining complex.

Shares in Anglo plunged 10 per cent yesterday, and have fallen around 70 per cent this year.

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