Media Statement Myuna Colliery Restructure

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MEDIA STATEMENT

MYUNA COLLIERY RESTRUCTURE

Centennial Coal (Centennial) is restructuring Myuna Colliery, which is located at Wangi Wangi in Western Lake Macquarie. 

The restructure is in response to Myuna’s challenging geological conditions, coupled with the ongoing economic downturn in the mining sector. Myuna has been extracting coal from three different seams under Lake Macquarie for nearly 40 years.

Myuna currently employs 255 people. The restructure will result in the transfer of 21 employees (11 of which have already been transferred, with the remaining 10 employees to go in the next week) from Myuna to Centennial’s Mandalong Mine (at Morisset). Unfortunately, the restructure will result in the retrenchment of up to 30 Myuna employees. 

This has been a difficult decision and Centennial is committed to diligently working through a process that will sensitively support those impacted.

28 October 2015

For further information contact:

Katie Brassil – Executive GM External Affairs on 0419 356 690

Myuna Colliery:

Mining has occurred at Myuna for nearly 40 years (mining consent granted in 1977).  Located at Wangi Wangi, in Western Lake Macquarie, Myuna is linked via a dedicated overland coal conveyor to its only customer Eraring Power Station.

Centennial Coal:

Centennial is a coal mining and marketing company supplying thermal coal to the domestic and export markets.  Fuelling more than 45% of NSW’s coal-fired electricity generating capacity, Centennial is a wholly owned subsidiary of Banpu Public Company Limited (Banpu), and is a member of the largest independent Pan-Asian coal group.