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Blaze-hit coal miner still hopeful

The UK's biggest coal miner said it is focused on securing a viable future for its remaining mines after speculation that a devastating fire may force it into liquidation and threaten 2,000 jobs.

A fire deep underground at Daw Mill mine in Warwickshire forced UK Coal Mine Holdings to shut the pit in March, leaving the company with a huge bill and threatening its viability.

The Financial Times said the miner is considering a voluntary liquidation for its main subsidiary, UK Coal Operations, to avoid being forced into insolvency over unpaid tax.

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