Rio’s Rossing Uranium to cut 265 jobs

[miningmx.com] – RIO Tinto is to cut 23% of its workforce, equal to 265 jobs, at its Rossing uranium mine in Namibia as weaker demand for the mineral pressured the operation, said Bloomberg News.

As a result, production from the mine will fall to slightly less than 2,000 tonnes in 2014 from 2,409 tonnes in 2013, said the newswire citing Rossing Uranium MD, Werner Duvenhage.

“We have to keep company operating to avoid care and maintenance or complete closure,’ said Duvenhage. “Starting next month, Rossing will reduce its operating cycle to five days a week from seven,” he said.

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