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Ivanhoe Australia cuts 50 jobs to $10 million

Cecilia Jamasmie | June 26, 2012 | 1:17 pm Base Metals Precious Metals Top Companies Australia Europe Copper Gold 

Copper and gold focused Ivanhoe Australia (ASX:IVA) announced Tuesday it will cut 50 jobs from its Queensland operations to save around $10 million annually. The company’s managing director Ines Scotland said the changes were necessary for the company to grow....

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