Tuesday, July 29, 2014

BHP Billiton to fire 6 pct of staff at Chile's Spence, Cerro Colorado

Global miner BHP Billiton (NYSE: BBL - news) said on Tuesday that due to rising costs and lower ore grades it will fire approximately six percent of staff at its northern Chilean Pampa Norte division, which encompasses the Spence and Cerro Colorado copper mines. "As part of the measures to address the structural increase in costs and the reduction in mineral ore grades at its operations, Pampa ...

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