The Global Resource For Connecting Buyers and Sellers

BHP Billiton to lay off 7% of workers at Spence copper mine in Chile

BHP Billiton will lay off about 7% of the 1 060 workers at its Spence copper mine, in Chile, the mine’s union said on Tuesday.

Tumbling copper prices have forced mining companies globally to lay off workers and scale back investment plans in a bid to cut costs and remain afloat.