Glencore overhauls embattled Canadian smelters as margins plunge
The company’s copper plants in Quebec — as well as several recycling sites in the US — will be absorbed into the miner’s global zinc smelting division.
Cameco (NYSE:CCJ, TSX:CCO) has inflicted more pain on its payroll as Canada’s largest uranium producer struggles amid a flat market for the nuclear fuel. The company announced it plans to lay off 10% of its workforce at the McArthur River, Key Lake and...
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