Vancouver — The Bullmoose coal mine, situated in northeastern British Columbia, announced that it had to reduce its manpower requirements as its coal deposit nears completion.
The Bullmoose Operating corporation permanently laid off 43 employees, reducing the mine’s current work force to 222 people. The deposit will be mined out by the spring of next year and permanently closed. The company reports that it is making efforts to assist employees in their transition to other employment.
The coal has operated continuously since production began in 1983 and has shipped over 32 million tonnes of metallurgical coal to overseas steel producers.
The mine is owned by Teck Cominco (TEK-T) (61%), BHP Billiton (BHP-N) (29%) and Japan-based Nissho-Iwai (10%).
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