Jobs cuts at Alacer Gold

Alacer Gold said it could not rule out further job cuts as it continues to review its Australian operations.

Last week, the American mining company laid off 31 workers from its South Kalgoorlie operations.

The cuts came as the company shut the Triumph open pit mine and delayed the start of operations for the Mt Martin pit mine, The West Australian reported.

President of the company David Quinlivan said the strategic review of operations was due for completion in December.

Alacer's Goldfields workforce now stands at 291 workers and 342 contractors.

Alacler Gold operations produced a total of 421,204 ounces of gold during 2011 and expect to produce 385,000 to 403,000 attributable ounces of gold in 2012.

The company also operates the Higginsville Gold Operation 125 km south of Kalgoorlie, owns a 49% share in Frog’s Leg mine, 20 km west of Kalgoorlie and operates the Pernatty open pit.

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