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    First Uranium May Cut 1,850 Jobs

    Investing News Network
    Dec. 21, 2011 02:40PM PST
    Energy Investing

    Bloomberg reported First Uranium (TSX:FIU) may cut 1,850 jobs at its Ezulwini gold-uranium mine in South Africa after plans to raise output failed.

    Bloomberg reported First Uranium (TSX:FIU) may cut 1,850 jobs at its Ezulwini gold-uranium mine in South Africa after plans to raise output failed.

    As quoted in the market news:

    The cuts, equivalent to about half the operation’s workers, are needed to curb operating losses, First Uranium said today.

    Click here to read the full Bloomberg report.

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