Trinidad's New Elk Coal Mine Says Layoffs 'Temporary'
6:12 AM, Jul 12, 2012
About 200 employees at a Trinidad coal mine are facing temporary layoffs while the mine owners pursue financing and other alternatives. Toronto-based Cline Mining Corp. said Wednesday it is temporarily suspending production at the New Elk Coal mine. The layoffs will affect more than three-quarters of the workforce. According to the Denver Post, the layoffs could last two months or more, depending on market conditions.------------------Information from Denver Post: http://bit.ly/N2cmUc