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More coal mining jobs axed in Australia; Vale joins BHP and Xstrata

Cecilia Jamasmie | September 13, 2012 | 3:51 pm Energy Top Companies Australia Europe Coal Iron Ore 

Brazilian mining giant Vale (NYSE:VALE) has followed the gloomy trend set by BHP (NYSE:BHP) and Xstrata (LON:XTA) in Australia this week by announcing it will lay-off workers at its coal operations. According to The Sydney Morning Herald, the miner’s decision...

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