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GBP2.7 million lifeline for coal industry.

Publication: M2 Presswire
Publication Date: 05-MAR-03
Format: Online - approximately 624 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-5 March 2003-UK Government: GBP2.7 million lifeline for coal industry(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:03052003

UK Energy Minister Brian Wilson secured an extra GBP2.7 million of Government cash to help UK coal mines.

The move follows negotiations with the European Commission for an extension to the Coal Operating Aid Scheme. Designed to help the industry overcome operating losses, the scheme has so far approved GBP162 million for UK coal industry since 2000.

Six mines in England and Wales will benefit: - Aberpergwm Colliery, South Wales (Anthracite Mining Ltd) -GBP903,600 - Betws Colliery,...

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