Elk Valley Resources lays off 140

Glencore-owned Elk Valley Resources, which operates four steelmaking coal mines in British Columbia, said it is cutting 140 jobs due to “challenging market conditions,” reported CBC News.  “[Elk Valley Resources] is working to improve efficiency and reduce costs across our business to ensure our company is globally competitive,” said Chris Stannell, Elk Valley Resources communications manager. Stannell said most of…

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