Perilya mine has announced a major restructure this morning, partly blaming low metal prices for the move.
Perilya mine has announced a major restructure this morning, partly blaming low metal prices for the move.

Jobs to go at Perilya mine at Broken Hill

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.

ABC



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