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Reuters: BHP Billiton to lay off 7% of Spence copper mine's workers

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Reuters: BHP Billiton to lay off 7% of Spence copper mine's workers

BHP Billiton Groupwill lay off around 7% of the 1,060 workers at Spence, Reuters reported April 12, citing the Chilean coppermine's union.

"The company says the main reason for this is organizationalrestructuring and problems due to the drop in copper prices," said union chiefRonald Salcedo, who added that in total, 77 employees are being laid off, including11 supervisors.

A source close to BHP Billiton confirmed the planned layoffsto Reuters.