Eurasian Resources Will Cut at Least 1,300 Congo Mining Jobs

  • Job cuts may increase to 1,800 if copper prices don't recover
  • Congo may lose as much as $1.3 billion in resources revenue

Eurasian National Resources Corp. said it will cut at least 1,300 jobs in the Democratic Republic of Congo as part of a cost-reduction strategy after copper prices plunged.

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