Instead of Project Expansion, BHP Billiton Sacks Olympic Dam Workers

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Instead of expanding its Olympic Dam project, BHP Billiton ( BHP ), the world's biggest miner, is on a contracting mode. On Wednesday, the miner announced job cuts at its copper-uranium-gold project.

Although BHP did not release the number of workers to be axed, reports indicated about 60 would become unemployed. Most of them are operational staff at BHP's Olympic Dam and contractors from its human resources, finance and administrative units in Adelaide.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

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