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Oceana cuts 25% of Macraes workforce

THE low gold price has led OceanaGold to cut a quarter of the workforce at its Macraes project in New Zealand, with a revised mine plan also hitting gold production and operating costs.

Andrew Duffy
Oceana cuts 25% of Macraes workforce

The company told MiningNews.Net the staff reduction applied to the total workforce, including contractors, and it would consult with staff to discuss alternative work arrangements. Macraes is New Zealand's...

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