Tag Archive | "cut"

Canada’s FNX Mining Co Inc said it plans to cut costs

Wednesday, February 11, 2009

Canada’s FNX Mining Co Inc said it plans to cut costs beyond the production cuts and layoffs announced late last year. For full story, click here

OZ Minerals Cuts A$680 Million in Spending at Mines

Tuesday, November 25, 2008

OZ Minerals Ltd., the world’s second-largest zinc mining company, will cut spending by A$680 million ($440 million), trim production, and seek debt refinancing as access to capital markets tightens. For full story, click here

Pan American Silver Q3 profit declines; cuts jobs, pay

Monday, November 17, 2008

Pan American Silver Corp posted a lower-than-expected quarterly profit, hurt by falling silver and zinc prices, and said it will axe 500 jobs. For full story, click here

Silver price fall sparks job and pay cuts

Friday, November 14, 2008

due to a fall in silver prices, Vancouver-based Pan American Silver Corp., would axe 500 jobs and roll back 10 per cent of wages for senior executives, For full story, clck here  

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