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Unity Mine owners file for administration Unity Mine owners file for administration
(35 minutes later)
The owners of Wales' largest drift mine are filing for administration, it has been confirmed.The owners of Wales' largest drift mine are filing for administration, it has been confirmed.
The future of the Unity Mine near Neath has been uncertain in recent months after management said they only had work for 66 staff out of 220.The future of the Unity Mine near Neath has been uncertain in recent months after management said they only had work for 66 staff out of 220.
Richard Nugent, director with Unity Mine Limited, said the company had been "forced into the process of filing for administration".
He added the workforce would be maintained until further notice.
"Unfortunately the Unity Group of Companies have been forced into the process of filing for administration whilst discussions continue about the future direction of the mine," he said.
"Fundraising negotiations are continuing with various parties and the current workforce will be maintained until further notice."
In September 2012 the BBC reported that 94% of all Welsh coal came from opencast sites, the remainder from drift mines.
Despite producing a small proportion of Welsh coal, the four underground pits in Wales employ nearly 600 people.
The vast majority work at two pits in the Neath Valley at Unity and Aberpergwm.
Unity Mine opened in 2007 with reserves of up to 90 million tonnes of coal.