Jobs face axe at mine sites
MORE than 150 jobs are under threat at two West Fife coal mining sites after the operating companies admitted concern for the future.
ATH Resources, which operates the Muir Dean opencast mine near Crossgates, and Scottish Coal, which runs the St Ninian's mine near Kelty, have announced that jobs could go at the sites.
A statement from ATH said that the Doncaster-based company has failed to secure support for a major refinancing plan, and could potentially be sold off.
The company admitted they need more than £18million to continue operating after December, and directors believe without major restructuring, it is unlikely to attract the capital required.
A Scottish Coal spokesperson said the measures were "extremely regrettable".
"Subject to finances, economics and consents, Scottish Coal plans to open several new sites in 2013 which will supply secure, affordable energy supplies to consumers and continue to provide job opportunities in rural Scotland."
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Oct 19, 13:43
Oct 20, 01:23