Dec 26 (Reuters) - Walter Industries Inc:
* Announces closure of United Land's Kodiak mine
* Says estimates charge of about $20 million will be recognized in Q4
* Says about 90 contract miners at the mine are expected to be affected
* Cites high operational costs, difficult operating conditions and challenging
pricing environment for Kodiak's product
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
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* Announces closure of United Land's Kodiak mine
* Says estimates charge of about $20 million will be recognized in Q4
* Says about 90 contract miners at the mine are expected to be affected
* Cites high operational costs, difficult operating conditions and challenging
pricing environment for Kodiak's product
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.