MARKETS

Rosebud cuts 225 workers, temporarily

PENNSYLVANIA producer Rosebud Mining has furloughed more than 25% of its total workforce due to drops in the steel market.

Donna Schmidt
Rosebud cuts 225 workers, temporarily

While International Longwall News could not reach company president and owner Cliff Forrest by press time, he told local newspaper the Indiana Gazette that the layoffs of about 225 of his 800 staff are temporary.

He told the newspaper many steelmakers are not taking their contracted coal supplies from producers, and the steel industry was running at about 50% capacity.

While he has opted to keep the company’s Indiana County operations running, cuts were seen among all levels of workers at Rosebud’s complexes in Armstrong, Cambria, Clearfield, Elk and Somerset counties.

It is the company’s first slowdown-related furlough since the early 1990s, he told the newspaper.

Forrest established Rosebud in 1979, and began extracting coal from its first deep mine shortly after acquiring the Queenstown coal-cleaning facility in 1982.

Rosebud now operates 14 underground mines in Pennsylvania and Ohio from the Upper Freeport, Lower Freeport, Upper Kittanning, Middle Kittanning and Lower Kittanning seams.

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.