
[miningmx.com] – DIAMOND mining firm De Beers plans to cut 189 positions in South Africa as it looks to reduce costs during a period of softer demand for gems, said Reuters which cited a company announcement.
The Anglo American unit has said it plans to sell many of its units and mines as part of a sweeping strategic overhaul to cope with a commodities rout.
South Africa’s Solidarity Union said earlier that De Beers would cut 366 jobs, 152 jobs at its Venetia mine and a further 214 posts at its other mines in South Africa.
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