Swick Mining Services has won two drilling contract extensions with Northern Star Resources and Perilya, which have helped bolster the company’s order book to $244 million.
Perth-based Myanmar Metals (previously Top End Minerals) has received binding commitments of $35 million from investors to take forward the revival of the Bawdwin lead-zinc mine in northeast Myanmar.
Broken Hill’s Perilya’s Southern Operations will cut between 90 and 100 positions from the historic silver, lead and zinc mine.
Around 120 jobs are expected to be cut from Perilya’s Southern Operations mine at Broken Hill.
Management of mining company Perilya is pushing for its board to approve the reopening of Broken Hill North mine after being closed for more than 20 years.
Perilya has welcomed the abolishment of the mining tax stating the measure will save the company more than $3.5 million a year.
Twenty workers have lost their jobs at Perilya mine in Broken Hill after a maintenance contract being carried out by Macmahon was handed to a smaller contractor.
Broken Hill’s Perilya mine will end its shotcrete contract with MacMahon in a move set to lead to job losses at the site.
Employees at Broken Hill’s Perilya mine have rejected a proposed freeze on pay rises.
Employees at Broken Hill’s Perilya mine will start voting on whether to accept a company proposal which will see workers sacrifice $1.8 million in wage increases promised for 2014.
The owner of Broken Hill’s silver, lead and zinc mine is set to be purchased by its major Chinese investor in a deal worth $269.3 million after shareholders voted in favour of the takeover.
The owner of Broken Hill’s silver, lead and zinc mine is set to be purchased by its major Chinese shareholder in a deal worth $269.3 million.
Broken Hill mining company Perilya has been fined $260,000 after an accident left a worker quadriplegic.
Perilya says its decision to sack 17 workers from its Broken Hill operations was a necessary response to tough economic conditions.
Perilya is set to start production later this month at its Potosi silver, lead, and zinc mine near Broken Hill.
A parliamentary inquiry into land valuations has caught mining company Perilya by surprise.