UP TO 100 jobs will be cut from Perilya's silver, lead and zinc mine at Broken Hill in far west New South Wales.
The mining company announced a major restructure this morning, partly blaming low metal prices for the move.
The announcement is a blow for Broken Hill where the local economy is tied closely to the fortunes of both Perilya and fellow local miner CBH Resources.
"We are looking at a situation where between 90 and 100 of our employees will be made redundant," Perilya managing director Paul Arndt said.
In addition, the company said up to 40 full-time equivalent roles for contractors would also be lost from the mine.