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UK Coal restructures in a move to safeguard 2,500 jobs

10th December 2012

Daw Mill

Daw Mill

DAW Mill colliery owner UK Coal has completed a restructuring which the company says will safeguard 2,500 jobs.Chairman Jonson Cox said the move was a "final chance" for the company's mining operation to adopt ways of working that make the business viable.The restructure, which has taken almost nine months to negotiate, sees the creation of two divisions covering mining and property with the company renamed Coalfield Resources.Control of the mining division has been handed to a new "employee benefit trust" although Coalfield Resour......for the full story register now for free or login below...

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