BASE METALS
News that diversified miner Glencore is restarting its Lady Loretta zinc mine in north-west Queensland is adding to a regional jobs story, with 250 people to find employment as a result of the miner’s decision to resume phased production next year.
“What we are seeing right across commodities is a jobs story especially in regional economies. We’ve seen 550 jobs added to the market this week with Glencore Copper and Lady Loretta and Rio Tinto announcing an extra 100 at its Weipa operations,” Queensland Resources Council (QRC) CEO Ian Macfarlane said on Wednesday.
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