26
Jan
02:59
Chalice Mining cuts expenditure amid weak market
In light of current weak market conditions, Australian miner Chalice Mining has taken decisive action to reduce expenditures by about 40% relative to 2023, Kallanish notes.
Chalice Mining says in a statement that the firm will cut its corporate overheads in order to maintain its strong balance sheet position and execute its growth strategy without needing to raise capital in the foreseeable future.
This follows an earlier expenditure review which was completed …
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Anonymous
Very good overview of the weekly steel market.
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