26
Jan
03:03
Chalice Mining cuts expenditure amid weak market
In light of current weak market conditions, Australian miner Chalice Mining is acting to reduce expenditures by about 40% relative to 2023, Kallanish learns.
The firm will cut its corporate overheads to maintain a strong balance sheet position and execute its growth strategy, without needing to raise capital in the foreseeable future. The move follows an earlier expenditure review which was completed in the fourth quarter of 2023.
According to the miner’s…
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Very good overview of the weekly steel market.
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