New Board starting to turn BCD around
Restructure of Mining Operations at the Tasmania Mine
8 December 2010 ASX Announcement
Following an in-depth review, BCD has implemented a restructure of mining operations at the Tasmania Mine. For several years the mining contractor has successfully undertaken all development activities and this contract has now been extended to include all underground activities, including stoping and trucking. The change is expected to deliver substantial cost savings.
As a result, the BCD mining workforce of 85 people has been retrenched and will be paid out their full entitlements. It is anticipated that some workers will be offered employment with the mining contractor.
For further information contact:
Bill Colvin Chief Executive Officer
BCD Resources NL
t: 61-3-9909-7401
e: [email protected]
w: www.bcdresources.com.au
Media Enquiries:
CPR Hobart Mike Lester 0425 235 157
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