Global gold miner Newmont Mining Corp. today said it plans to cut its Colorado workforce by at least a third over the next 90 days.
The company (NYSE: NEM), headquartered in Greenwood Village, employs about 750 people in Colorado, according to a spokesman.
Newmont's president and CEO, Gary Goldberg, blamed the volatility of gold prices and “steadily rising costs” for pushing the company cut costs.
“Ongoing price volatility and steadily rising costs create intense pressure for Newmont to…
Global gold miner Newmont Mining Corp. today said it plans to cut its Colorado workforce by at least a third over the next 90 days.
The company (NYSE: NEM), headquartered in Greenwood Village, employs about 750 people in Colorado, according to a spokesman.
Newmont's president and CEO, Gary Goldberg, blamed the volatility of gold prices and “steadily rising costs” for pushing the company cut costs.
“Ongoing price volatility and steadily rising costs create intense pressure for Newmont to…