Fortescue Metals to cut ‘few hundred’ jobs
Miner started laying off more than 100 workers at its Iron Bridge project in the Pilbara region, according to local media.
Miner started laying off more than 100 workers at its Iron Bridge project in the Pilbara region, according to local media.
The cuts would be across Fortescue Future Industries, a clean energy subsidiary focused on producing hydrogen.
Spot gold fell 2.3% to $1,869.49 per ounce by noon ET.
The industry needs to encourage mentors, adjust mindsets and offer technology jobs to boost the level of women from just 8% of the global mining workforce.
The Canadian miner said it would suspend jobs if forced to halt operations.
Gold could continue to trade sideways to higher in the first quarter, says Kitco Metals analyst.
A recent report led by researchers at Curtin University found that Australian mining companies have a stronger focus on employees’ physical health and safety than on their mental health and well-being.
When thinking of mining jobs within the mining industry, many people think of the traditional miners. Don't.
Chair Jerome Powell signaled less aggressive tightening could be appropriate going forward.
The miner will enter into consultations with stakeholders, which could impact 1,959 employees and 465 contractors.