Cost-cutting nears completion at mining company
A major cost-cutting programme is nearing completion at Tungsten West, the mining company which is looking to restart production at its tungsten and tin mine in Devon.
The cost reduction programme at the Hemerdon mine will have resulted in a 42% reduction in headcount - around 25 people - through redundancy and resignations.
Capital expenditure for the front-end re-build has been scaled back to existing capital commitments for equipment purchase and low-frequency noise trial work.
Refurbishment work within the plant has also ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
