Rio sacks 40 workers at coalmine
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Rio's permission to expand the Mt Thorley Warkworth mine was overturned in the NSW Land and Environment Court last week after residents from the town of Bulga succeeded in a long campaign against the project.
Rio had planned to expand the mine to the extent that open-cut operations came within 2.6 kilometres of Bulga and consumed land that advocates say was promised for conservation.
Rio announced on Monday that it would appeal the decision in the Supreme Court and said the result would prove crucial to the jobs of 1300 people.
Announcement of the appeal coincided with about 40 job losses from the mine on Monday.
Rio spokesman Darren Yeates stressed those job losses were part of a broader cost-cutting program, but were a reminder of how precarious the mine's future was under current conditions.
"Regrettably, 40 employees and contractors are either having their position made redundant or being let go from the site today, as part of this ongoing work," he said.