UK Coal in talks with its bankers

Britain's biggest coal mine, Daw Mill in North Warwickshire, faces closure as its owner, UK Coal (UKC) seeks to stem losses that have crippled the firm.

Britain's biggest coal mine, Daw Mill in North Warwickshire, faces closure as its owner, UK Coal (UKC) seeks to stem losses that have crippled the firm.

The company has begun a consultation on possible closure of the site by early 2014, the point at which the current coal panels will have been mined.

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