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Sinking coal prices force major job cuts in Australia

Cecilia Jamasmie | August 13, 2012 | 1:09 pm Energy Top Companies Australia Europe Coal 

Xstrata Coal (LON:XTA) confirmed Monday it has cut a number of jobs from its coal mining operations in Australia due to sinking prices for both coking and certain kinds of thermal coal, Platts reports. The Swiss miner joins an expanding...

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