Mine endeavours to cut 150 jobs

More than 150 people will lose their jobs at CBH Resources' Endeavour Mine at Cobar in western New South Wales.

More than 150 people will lose their jobs at CBH Resources’ Endeavour Mine at Cobar in western New South Wales.

In a statement to the Australian Stock Exchange, the company said fewer workers were needed under a new operating plan at the mine.

In its quarterly report, the company said the plan involved taking higher-grade ore but lower tonnages to try to maintain the viability of the mine.

The company announced a major corporate and operational restructure at the Endeavour mine in June, cutting about 200 jobs.

Work was also temporarily halted at the Rasp Mine in Broken Hill.