UK Coal confirms Daw Mill on course for closure
MASSIVE losses, poor production and a recalcitrant workforce may have sounded the death knell for the Midlands’ last deep mine, Daw Mill.
Owner UK Coal said today that the pit would close in 2014 or sooner if its poor record could not be turned around.
Announcing a 23% fall in interim group revenue and a loss of £20.6m, UK Coal chairman Jonson Cox said: “Principal operational issues continue to be the level of production risk in the deep mines, at Daw Mill in particular, the price of coal and the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...