– Kevin McCullough, Chief Executive of UK Coal
Entering administration and the subsequent restructuring was the only way we could preserve any of the business and while I’m delighted we’ve saved 2,000 jobs, we’ve also had to make some very difficult decisions.
I’m pleased that we managed to transfer 120 of our Daw Mill colleagues to our other mines following the fire. Our thoughts today also rest with the 350 colleagues who will now, regrettably, be made redundant as a result of Daw Mill closing
UK Coal has confirmed it has gone into administration with 350 jobs lost following the fire at the Daw Mill Colliery, Warwickshire, in March.
UK Coals says it has managed to save around 2,000 jobs
UK Coal Mine Holdings Ltd and UK Coal Operations Ltd have both today gone into administration.
UK Coal has told ITV Central it is confident Thoresby Colliery in Nottinghamshire is still viable. The company has lost more than £200 million in a fire at another pit.
And it is talking to the government about what help it can give to make sure UK Coal survives.
Commenting on the future of UK Coal a Department of Energy and Climate Change spokesman said:
"The Government is looking at a number of options with UK Coal and our discussions are ongoing."
Britain's largest coal mining firm is calling on the government for financial support, following the underground fire at Daw Mill which has left the pit and workforce redundant.
Parts of UK Coal may return to public ownership under plans being discussed by ministers that would protect some, or all, of the company's ailing pension scheme.
The underground blaze at Daw Mill in Warwickshire, has resulted in 650 miners being put out of work. The damage has cost UK Coal £160million in lost coal and a further £100million in equipment losses.
Andrew Mcintosh, spokesperson for UK Coal, said a third of the company's business was affected by the fire at Daw Mill, which is still burning.
Former miners from Daw Mill Colliery in Warwickshire are holding a reunion - six weeks after the mine closed.
More than 100 former miners will hold their first annual gathering since the pit closed at the start of March following an undergound fire.
The Conservative MP for Nuneaton, Marcus Jones, has today asked the government for employment support following the loss of 650 jobs at the Daw Mill Colliery in Warwickshire.
UK Coal announced earlier this month that the colliery would have to close after a ferocious underground fire made operations unfeasible.
The workforce has been made redundant because of the blaze.
Miners at Daw Mill Colliery last night got the news they have been dreading, the pit is to close. It is one of the last deep coal mines in the country, but has been under threat of closure for some years.
A fire at the coal face, which began two weeks ago and is still burning has now put paid to any hopes it might survive, as Callum Watkinson reports.
Daw Mill Colliery has enough coal to keep it mining for another 25 years but the fire that is still burning 740m deep under ground has forced it to close.
Barry Gardiner MP who advises Labour leader Ed Milliband on energy, has 'hit-out' at the Energy Secretary today in parliament, criticising him for not being present following the closure of Daw Mill colliery.
The leader of the house Andrew Lansley defended Energy Secretary Ed Davey, saying he had been meeting with UK Coal to discuss matters.
Marcus Jones, the MP for Nuneaton has told ITV News Central that he has been meeting with all the relevant people to try and do the best for the situation at Daw Mill.