Australian coal mine Xstratato cuts jobs - Thousands of jobs have been lost

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Xstrata coal mine in Australia to cut jobs
28 December 2012
, by Robb M. Stewart - Melbournes (MarketWatch)
http://www.marketwatch.com/story/xstrata-coal-mine-in-australia-to-cut-jobs-2012-12-28

Industry struggles with lower prices and high costs with the downturn in the coal market makes a reduction in the workforce unavoidable.

Thousands of jobs have been lost in Australia's coal-rich east this year as mining companies have strived to slash costs.

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