Kennecott is laying off 65 salaried workers from support services. 40 employees will be moved into alternate roles and 74 open positions will not be filled. Company spokesperson Kyle Bennett says there are lingering impacts from the massive landslide that occurred in 2013 at the Bingham Canyon Mine. Two years later, workers are still removing debris from the site . . .
According to the Utah Foundation, the state’s exports are dominated by the precious metals industry, mostly gold. During Utah’s 2012 exporting peak, these metals accounted for 63% of total exports. Higher gold prices from 2011 to 2013 drove a large bump in the value of Utah’s exports. Since then, the total value of the state’s exports has decreased.
See the Utah Foundation blog post Gold is King in Utah Exports
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