Calling it a day
Up to 1,200 jobs are on the chopping block after mining giant Glencore announced it will close its copper mining operations in Mount Isa by the end of 2025. The iconic mining city in northwest Queensland is home to the nation’s second-largest copper mine/one of the biggest underground mines in the world, but Glencore says it’s mined most of the good stuff already and getting the rest wouldn’t be “economically viable”. There will still be mining in Mount Isa – Glencore has zinc and lead operations there and 2 smelters that will remain open – but Mayor Danielle Slade says the 20,000-strong community found it “hard news to hear”. And in more unsavoury business news, Aussie sweet treats giant Sara Lee has gone into voluntary administration. There are hopes the company will be able to find new owners, so our days of eating an entire Chocolate Bavarian to yourself aren’t over yet…
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