Good morning, Centennial Coal will cut 200 jobs from its Mandalong mine in NSW after failing to win a new supply deal with Origin Energy for its Eraring coal power station, blaming the state coal caps and high costs for its decision. Meanwhile, almost 40 staff have been sacked from GFG Alliance’s mining operations at Whyalla in South Australia amid rumours a further 80 jobs are on the line over the coming months. And a major Nine Entertainment institutional investor has backed the sudden departure of CEO Mike Sneesby , saying he had to go because of cultural issues, revenue challenges and questions over the Domain listings business. |