It plans to reduce operating costs by $1.4-$1.6 million monthly and cut 20% of it workforce at its Letšeng mine in Lesotho.

While Indigenous leaders and workers absorb the shock of this week's layoffs, industry observers say the scaling back of ...

To counter the U.S. decision to impose a 50 per cent tariff on steel imports last month, Prime Minister Mark Carney announced ...

Burgundy Diamond Mines Ltd. laid off “several hundred” workers after halting part of its Ekati operations in northern Canada, ...

The suspension of operations at the Point Lake site will see several hundred employees and contractors laid off.

Burgundy Diamond Mines Ltd. laid off “several hundred” workers after halting part of its Ekati operations in northern Canada, adding another blow to the country’s struggling diamond mining industry.

Burgundy Diamond Mines has blamed weak prices for the layoffs at the Ekati mine in Canada’s Arctic Circle, which was acquired ...

Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its ...

The Yellowknives Dene First Nation is reeling from mass layoffs at Northwest Territories' Ekati diamond mine this week. Yesterday, owner Burgundy Diamond Mines announced it was ceasing open pit ...