source : the age
Hundreds of jobs have been slashed at Hancock Iron Ore’s Pilbara operations amid rising tensions with the unions.
The decision comes a year after a merger between Roy Hill and Atlas Iron, which placed both under the unified banner of Hancock Iron Ore.
Hancock Iron Ore declined to confirm the number of jobs lost, with the Australian Financial Review reporting it was thought to be between 300 and 500, or as much as 10 per cent of its 5000-strong workforce.
In a statement, Hancock Iron Ore said it had reduced mining activity at the Roy Hill mine, while still maintaining a production rate over 63 million tonnes per annum.
“Hancock Iron Ore has recently completed its annual life of mine planning, identifying opportunities to optimise how ore is mined, processed and blended across its operations,” the company said in a statement.
“We continuously look at optimising our mine plan and the latest iteration extends our life of mine by 10 years, maximising how much of the orebody we can turn into product and reduce the amount of waste we mine.”
Here’s what’s making headlines across the country and around the world today:
- Nine women and just one man are among the redundancies of on-air talent in Seven’s Sydney and Melbourne newsrooms that have been publicly identified in the company’s latest round of job cuts.
- The FBI said it thwarted a planned attack on the Ultimate Fighting Championship mixed martial arts event on the White House lawn on the weekend, taking five people into custody, according to court documents.
- Days after struggling in his European debut, Gout Gout has rebounded in striking fashion, finishing third on the heels of world champion Noah Lyles as he broke a world record.
Good morning and welcome to our live news blog for this Wednesday, June 17.
Making headlines today, WA Liberal MP Andrew Hastie has said that if One Nation leader Pauline Hanson and her chief of staff wanted to target him and his seat of Canning at the next election, he was ready, and if they “want war, I’m going to give them war”.
“If they think that I’m just going to bow the knee and do a preference deal because I’m scared, think again,” he said.
Meanwhile, Perth is leading the nation’s property growth in the top quartile of sales, recording an increase of 6.1 per cent in the May quarter, compared to bigger cities, which are seeing a decline in upper end prices.
