MARKETS

American Energy lays off 170 workers

AMERICAN Energy Corporation president Robert Murray announced yesterday he had laid off 170 workers at the company’s Galatia Mine in Saline County, Illinois.

Donna Schmidt

Murray, who said “adverse mining conditions” were the cause of the staff reduction, told the Southern Illinoisan the situation was temporary and that the workers would return “when mining conditions improve”.

 

The layoffs affect those at the three-and-a-half-year-old Millennium Portal. The Galatia mine began producing in 1980.

 

Murray said American Energy had contributed to increased employment in the area.

 

“In the process, employment has been increased from 400 to nearly 1000. While we regret having to make a temporary layoff due to unforeseen adverse mining conditions in the Millennium Portal, the total number of people involved is still only one third of those that we have actually hired during the past seven years and only 17 percent of the workforce,” Murray told the newspaper.

 

The Millennium Portal, a $US46 million endeavor, opened in mid-2001 to increase reserve access.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.