By CNBC, Fri, 09 Jan 2009 03:57:00 GMT
SYDNEY, Jan 9 (Reuters) - Rio Tinto will cut coking coal production as demand from Asian steel mills weakens amid the global slowdown, though rival BHP Billiton is still to decide whether cuts are needed. A Rio Tinto Coal spokeswoman confirmed on Fridayread more »
By CNBC, Fri, 09 Jan 2009 03:36:00 GMT
SYDNEY, Jan 9 (Reuters) - Rio Tinto will cut coking coal production as demand from Asian steel mills weakens amid the global slowdown, though rival BHP Billiton is still to decide whether cuts are needed. A Rio Tinto Coal spokeswoman confirmed on Fridayread more »
By Reuters, Fri, 09 Jan 2009 02:57:00 GMT
SYDNEY, Jan 9 (Reuters) - Rio Tinto (RIO.AX A Rio Tinto Coal spokeswoman confirmed on Friday that production would be cut by 15 percent at its Kestrel mine, one of two coking coal mines operated by the group in Australia's northeastern state ofread more »
By Forbes.com, Fri, 09 Jan 2009 02:48:00 GMT
Miner announces workforce and production cuts to help pay down debt. Teck Cominco hopes to burn off acquisition-related debt by reducing coal production and jobs. Vancouver-based Teck Cominco (nyse: TCK - news - people ) announced Thursday that it willread more »
In our response to the global economic crisis and falling commodity prices we must not forget the importance of retaining apprentices, graduates and young professionals. read more »