Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron-ore miner Gindalbie Metals on Tuesday told shareholders that further cost cutting measures would be implemented at the company, including a reduction in administrative overheads and the elimination of committee fees payable to directors. Gindalbie said that it was also reviewing its portfolio of exploration tenements, and would be divesting of those it believed to have little prospectivity.
Iron-ore miner Gindalbie Metals on Tuesday told shareholders that further cost cutting measures would be implemented at the company, including a reduction in administrative overheads and the elimination of committee fees payable to directors. Gindalbie said that it was also reviewing its portfolio of exploration tenements, and would be divesting of those it believed to have little prospectivity.
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