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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Focus Minerals Ltd Cuts 22 Jobs At Mount Mine-AAP

Tuesday, 11 Jun 2013 03:10pm EDT 

Australian Associated Press reported that Focus Minerals Ltd has axed 22 jobs after shutting its Mount gold mine in central Western Australia. The Mount underground mine near Coolgardie was suffering from higher operating costs and weaker gold prices before underground workers were informed of the cuts. It comes after Chinese-backed Focus closed its high-cost Tindals underground operations at Coolgardie last year. The most recent job losses were not announced to the Australian share market. 

Company Quote

-0.0010 -7.69%
4 May 2015