Alrosa plans production cuts and staff reduction for 2025
The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.
Gold priced in Canadian dollars hit a record C$1,686.00 an ounce on Monday as a shock downgrade of the U.S. credit rating late on Friday sparked a rush among investors into assets seen as lower risk, and as euro zone debt concerns simmered.
