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Rio Tinto to axe hundreds of jobs at Oyu Tolgoi mine

Cecilia Jamasmie | May 28, 2014 | 5:38 pm Base Metals Precious Metals Top Companies Asia Australia Canada Europe Copper Gold Silver 

Mining giant Rio Tinto (ASX, LON, NYSE: RIO) will lay off up to 300 workers at its $6.6 billion Oyu Tolgoi copper and gold mine in Mongolia, amid continuing efforts to reduce costs. “Workforce reductions are part of the life cycle...

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