The Traderszone Network

Published in TZ Latest News 9 August, 2015 by The TZ Newswire Staff

BHP Billiton to cut 380 jobs at Australia’s Olympic Dam

BHP Billiton (BLT.L) (BHP.AX) said on Sunday it would cut 380 jobs at its Olympic Dam copper and uranium mine in Australia, citing global market conditions in the resources sector and a desire to ensure the project was sustainable. Located in South Australia, Olympic Dam produces copper, uranium and smaller amounts of silver and gold.