CAPITAL MARKETS

KBL slashes spending, jobs

KBL Mining has announced a major cost-cutting initiative that includes slashing staff numbers by half and the possible sale of its flagship Mineral Hill project in New South Wales.

Hannah Vickers
KBL slashes spending, jobs

The company will shift from having 115 employees, including contractors, to 65 after final implementation in July. Most of the job losses will be at the Mineral Hill mine, where onsite numbers will plunge...

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