27 Jun 2013

Gold company sacking employees

10:31 am on 27 June 2013

A Canadian mining company is sacking 32 employees at its office in Perth.

Barrick Gold owns five gold mines around the state, including a half share in the Superpit at Kalgoorlie. It employs 270 people in Perth.

A spokeswoman said the falling price of gold has forced it to review its entire operations to cut costs where possible.

The ABC reports Barrick Gold recently announced the loss of 22 jobs at the Kanowna gold mine near Kalgoorlie and another 33 jobs at the Plutonic mine, east of Exmouth.

The company has also announced 100 redundancies at its corporate office in Toronto, Canada, and a further 65 redundancies across its operations in the United States.