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DtheP47 · 20-04-2013, 18:52

Is this what cmon is on about???

Scottish Coal, which operated six open cast mines in East Ayrshire, South Lanarkshire and Fife, has been put into liquidation.

Falling coal prices and rising operational costs have been blamed for causing losses and "significant cash flow pressures".

Announcing a total of 590 redundancies, KPMG said that despite significant efforts in recent months, Scottish Coal had been unable to secure the level of investment required to enable the business to continue.

20-04-2013, 18:52	#198
DtheP47 I am Banned Join Date: Feb 2008 Location: Horsehead Nebula Posts: 1,718 Liked: 772 times Rep Power: 0	Re: Keeping Dead Industries Alive.... Is this what cmon is on about??? Scottish Coal, which operated six open cast mines in East Ayrshire, South Lanarkshire and Fife, has been put into liquidation. Falling coal prices and rising operational costs have been blamed for causing losses and "significant cash flow pressures". Announcing a total of 590 redundancies, KPMG said that despite significant efforts in recent months, Scottish Coal had been unable to secure the level of investment required to enable the business to continue.