Copper $ 5.359 / lb -2.36%
Brent Crude Oil $ 61.12 / bbl -0.78%
Palladium $ 1542.7 / ozt 0.44%
Crude Oil $ 57.44 / bbl -0.78%
Natural Gas $ 4.113 / Btu -2.79%
Silver Futures $ 62.007 / ozt -3.09%
Aluminum Futures $ 2855.75 / ton -1.47%
Micro Gold Futures $ 4360 / ozt 0.37%
Micro Silver Futures $ 62.007 / ozt -3.08%
Platinum $ 1762.5 / ozt 2.89%
Gold Futures $ 4328.3 / ozt 0.45%
Go to MDC Markets

Australian miners cut 10,000 jobs

Michael Allan McCrae | December 03, 2012 | 6:19 pm Base Metals Energy Precious Metals Australia Coal Copper Gold Iron Ore 

Australian miners have reduced overhead by $2 billion and laid off nearly 10,000 miners over the last couple of months, according to a report by R2Mining and CostMine. "The majority of the Australian mining industry has found that it is...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now