Almost 65 per cent of workers at a northern New South Wales mine will be laid off, a metal producer has announced.
CBH Resources will dramatically reduce its workforce of 161 full-time staff and 40 contractors at the Endeavor Zinc Lead and Silver Underground Mine, 352km northwest of Dubbo.
More than 100 job cuts
The proponent confirmed after the 130 job cuts there will be only 71 workers left.
“This decision has not been taken lightly,” CBH said in a public statement. “In the coming days we will consult with all our employees and put in place support services to assist people who are affected as a result of these changes.”
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Production will be downsized
The shock decision came after the company reviewed its operating strategies, struggled financially and continued to lose money throughout 2019 because the ore body is reaching the end of its reserve.
“Production will be reduced to a minimum level of approximately 17,000 tonnes per month for the remainder of 2019 while, at the same time, partially completing infill drilling of the inferred deep zinc lode resource to better appraise its future viability,” the company said.
Anyone affected is asked to contact CBH by phoning 08 8088 9106.