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Newmont Plans 120 Layoffs In Northeast Nevada By March

 

ELKO, Nev. (AP) — Newmont Mining Corp. plans to lay off 120 workers by March at its mining operations in northeast Nevada.

The Elko Daily Free Press reports the workforce reduction is planned at facilities in Carlin west of Elko where the company operates gold mines at the Emigrant and Gold Quarry open pits and a related underground mine.

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Newmont told the newspaper in an email on Tuesday that the company has more staff than it needs this year due in part to a slide that caused the suspension of operations at Gold Quarry in October.

Newmont says it started notifying the union representing the workers to be laid off earlier this week. Management plans to meet with impacted employees over the next two weeks to further discuss the plans for the layoffs effective March 9.

The company employs approximately 5,000 workers and contractors in Nevada.