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
Continue reading "Canada’s FNX Mining Co Inc said it plans to cut costs"
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
Continue reading "OZ Minerals Cuts A$680 Million in Spending at Mines"
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
Continue reading "Pan American Silver Q3 profit declines; cuts jobs, pay"
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
Continue reading "Silver price fall sparks job and pay cuts"
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Wednesday, February 11, 2009