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.
Selwyn Resources has mobilized mining equipment and supplies integral to the Selwyn Project Joint Venture’s proposed underground advanced exploration program.
The first loads are now in the XY camp.
A winter road has been established along the all-season access road from Selwyn Project to the Nahanni Range Road.
Selwyn Chihong Mining and its contractors anticipate the hauling of mining equipment and supplies to continue along the winter road until the end of March 2011.
The proposed underground advanced exploration program is expected to commence mid-summer 2011, when both the underground portal and environmental support facilities are completed.
Selwyn’s primary focus is the exploration and development of its properties that make up the Selwyn Project in the Yukon, which hosts large tonnages of zinc-lead mineralization.
The known deposits at Selwyn Project have the potential for large scale production, and to provide a secure supply of zinc and lead to meet the future needs of the zinc and lead markets in Asia.
