Dozens of Queensland mine workers have lost their jobs just weeks before Christmas as low prices and high production costs are blamed for shutting down a Bowen Basin operation. A QCoal spokesman said ...

In what the company- owned by billionaire Chris Wallin – said was a “measured reaction” to market pressures it will close one of its two underground units at its Cook Colliery near Blackwater. The ...

A QCoal spokesman said the ongoing operation was “unsustainable”, and pointed to Queensland’s coal royalty regime. “Unfortunately Cook Colliery has been adversely affected by high production costs and ...

QCoal's Cook Colliery mine, which has never turned a profit despite paying $25m in state royalties, forcing the closure of an underground unit and putting 80 staff out of work. In what the company- ...