THE increasing cost of skilled labour will create extreme margin pressure for some coal miners if coal prices fall below US$180 per tonne, according to Wood Mackenzie principal analyst of Asia Pacific thermal coal research, Rory Simington.
If prices decline to under US$180 some producers will be under pressure.
He told Australia's Mining Monthly that cost increases of up to 30% were being experienced at some coal mines as staff started securing higher compensation packages and lower plan capacity utilisation...
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