Gujarat NRE shareholders have voted to rename the company to Wollongong Coal in a bid to focus on its "local" ties within the community.
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Further wind up orders lodged against Gujarat NRE
Financial trouble for Illawarra-based mining company Gujarat NRE continues with two companies levelling million-dollar wind up orders against the company.
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Gujarat NRE to sack 10 coal mine workers
Winding up its voluntary redundancy scheme, Gujarat NRE is preparing to sack ten workers through forced redundancies.
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Gujarat NRE looking to change name to Wollongong Coal
Looking to leave a horror year behind, Gujarat NRE is planning to change its name to Wollongong Coal Ltd.
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Gujarat looks to cut 13 more jobs
Gujarat NRE said it needs to cut a further 13 jobs to keep its operations viable.
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Gujarat cuts 47 coal jobs
47 voluntary redundancy packages have been signed off by Gujarat NRE as the company implements plans to cut its workforce by 20 per cent.
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Gujarat cuts 90 jobs
After suffering weeks without pay, Gujarat NRE employees have been served another blow, being told the company will cut 20 per cent of its workforce by January.
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Former Gujarat chairman pocketed 53% pay increase and then failed to pay workers
Despite failing to pay workers’ wages and superannuation, Gujarat NRE’s former chairman received a 53% year-on-year rise in his base salary to $1.02 million in 2013.
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Gujarat receives a further $58m boost from Jindal
Jindal Steel has increased its stake in Gujarat NRE after investing a further $58 million into the company, adding a further 726 million shares its portfolio.
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More money could flow to Gujarat in multi-million dollar share deal
Gujarat NRE shares have been put on hold as the company tries to raise $58 million in a deal which would see Jindal Steel increase its stake in the company.
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Environment group slams Gujarat mine expansion
A proposed coal mine expansion by Gujarat NRE has been slammed by an environmentalist group which claim it poses a major threat to the water catchment area.
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Pay relief for Gujarat mine workers
Gujarat workers are finally set to receive wages owed to them as the company’s new managers announce plans to pour up to $350 million into the business to keep it running.
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Wind-up order levelled at Gujarat by mine service provider
A company that has provided Gujarat NRE with underground mining service work has applied to have the company wound-up in a move aimed at recovering the money owed to it.
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Gujarat workers asked to take leave without pay, chairman steps down
On the same day Gujarat NRE executive chairman Arun Jagatramka stepped down, the company has asked workers to take unpaid leave, despite not paying its miners properly for over a month.
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Gujarat miners walk off the job
Workers who had opted to stay on at two Gujarat-owned mines in the Illawarra despite not being paid for over four weeks announced they would strike if the money did not hit their accounts by midnight last night.
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Jindal takes over Gujarat but still no relief for unpaid workers
Gujarat NRE shareholders have voted in favour of a takeover deal by Jindal Steel, but the exact date workers can expect to be paid four weeks’ worth of wages is still anyone’s guess.
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Gujarat shareholders to vote on takeover deal
The fate of embattled coal miner Gujarat NRE is set to be decided today, with shareholders voting at 2pm on whether to allow Jindal Steel and Power to become the new owner of the company.
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Gujarat sends workers ‘useless’ payslips
Despite having not received payments for nearly four weeks, workers at Gujarat NRE have been sent payslips which show wages, taxes, superannuation and union fees have all been paid.
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Unsafe mine rumours not true: CFMEU
Rumours that operations at Gujarat NRE’s two coal mines ceased were quickly stamped out yesterday by both the company and the CFMEU.
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Jindal takeover bid still unclear as Gujarat saga drags on
The CFMEU has met with Jindal Steel and Power, the potential new owners of Gujarat NRE, however it is still unclear whether a share deal meeting next week will see a transfer of power set to help hundreds of unpaid miners.
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