Rio cuts 78 jobs at Argyle diamond mine in Australia
Measure only affects temporary construction workforce providing administrative, advisory and mining services.
Measure only affects temporary construction workforce providing administrative, advisory and mining services.
The OECD Employment Outlook analyses labour markets of 34 of the world's most developed nations.
A new Employee Benefit Trust will run the new business and the Daw Mill mine will see its remaining coal deposit transferred to the Coal Authority.
"Growing resource nationalism in many parts of the world makes Europe more attractive from a political risk point of view."
Gold spot price was down slightly on Thursday to $1,248 - a o.3% loss from Wednesday's close - and trading volume waned as investors await US jobs data.
Mostly affecting the country's coal sector, which lost over 1,000 jobs last week alone.
''Since Glencore merged with Xstrata last month, the company has demonstrated a ruthless and short-term approach to cost-cutting."
In total, over 1,000 coal jobs have been cut this week alone in Australia's mining sector.
The world’s largest gold company said there might be more job losses in the coming months.
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