THE likely new owner of Cook Colliery mine promises to be “very different” to the now liquidated company which was at the helm when more than 100 people lost their jobs.
Bounty Mining expects the sale of the formerly Gaungdog Rising Asset Management-owned mine to settle this week after more than three months of hurdles.
With plans to reopen it by early next year, chairman and chief executive Gary Cochrane said Bounty Mining would initially need 50 workers, but that would increase to about 200 within 10 months of operation.
Mr Cochrane said the company had helped businesses that were involved in work at the coal mine before it was placed in care and maintenance in March.
“There were a lot of people laid off and …
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