Cobar was buzzing with the news last week the Endeavor Mine would be sold after Polymetals Resources Ltd announced it had entered into a sale agreement with Orana Minerals. And while there was plenty of excited anticipation that new jobs would be created, Polymetals Executive Chairman Dave Sproule told The […]
Polymetals Resources Ltd announced yesterday that it had entered into an agreement with Orana Minerals to purchase the Endeavor Mine, 40km north west of Cobar. Polymetals advises the completion of the sale remains subject to the satisfaction of several conditions, including their shareholder approval and relevant independent reports. Endeavor was […]
Almost 60 workers at the Endeavor Mine will lose their jobs in the coming fortnight as the mine moves into care and maintenance mode. Following a review of the mine’s operating strategies, Endeavor’s parent company CBH Resources announced on Friday there would be retrenchments as the operation is placed into […]
Endeavor Mine’s new general manager Craig Singleton has ditched a fly in/fly out (FIFO) lifestyle and chosen to re-locate himself and his family to live and work in Cobar. Mr Singleton’s wife Kirsten and their two children relocated with him to Cobar in September last year and they all enjoy […]
CBH Resources reduced its workforce by 130 people at Endeavor Mine last week after the company announced a cut in production. CBH Resources’ chief operating officer Visko Sulicich said the cut comes as a result of on-going cash losses through 2019 as the orebody comes towards the end of its […]
Endeavor Mine employees will today find out what the mine’s future holds at a ‘State of the Nation’ meeting this morning. Endeavor Mine general manager Denver D’Angelo said the mine’s parent company CBH Resources (which is wholly owned by Toho Zinc) had invited all of the mine’s employees to attend […]
The general managers (GMs) of Cobar’s four main mines and Cobar Shire Council all report the economic future for Cobar is looking bright for the year ahead. The five GMs were guest speakers at a Back to Business Week dinner hosted by the Cobar Business Association last Wednesday night at […]
Workers retrenched last week from Endeavor Mine and their partners will be able to access a range of information and advice today at a Redundancy Support Session. Coordinated by the Cobar Business Association, the session today at the Cobar Bowling & Golf Club will be attended by training providers, counsellors […]
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