Bathurst cuts board size while it waits for coal market turnaround

Thu, 13 Nov 2014

By Paul McBeth Nov. 14 (BusinessDesk) - Bathurst Resources, which was last year granted consent for an open-cast mine on the West Coast's Denniston Plateau, has trimmed down its board size as it clamps down on costs while waiting for the global coking coal market to improve. Directors David Frow and Rob Lord have resigned from the board with immediate effect after a review of the company's costs and efficiency initiatives prompted a restructure, Wellington-based Bathurst said in a statement. Marshall Maine resigned as joint company secret...

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