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Tough times for miner

Loss-making miner Whitehaven Coal has warned of continued tough trading conditions as low export prices and the strong currency force it to continue squeezing costs. "We must be realistic about the subdued coal price outlook, and the probability of a continuing strong [Australian dollar]," chairman Mark Vaile told shareholders at the annual meeting.
By · 5 Nov 2013
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By ·
5 Nov 2013
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Loss-making miner Whitehaven Coal has warned of continued tough trading conditions as low export prices and the strong currency force it to continue squeezing costs. "We must be realistic about the subdued coal price outlook, and the probability of a continuing strong [Australian dollar]," chairman Mark Vaile told shareholders at the annual meeting.
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