November 3, 2015 / 6:28 PM / 2 years ago

BUZZ-Rubicon Minerals Corp: Suspends Phoenix operations

** Gold miner’s shares plunge 54.3 pct to 26 Canadian cents

** Stock hits 18.5 Canadian cents, its lowest since 2001; record 17.7 mln shares traded

** Company suspends operations at Phoenix gold mine in Ontario

** Temporarily lays off about 200 employees and 110 contractors, representing 87 pct of company employment

** Says to work with SRK Consulting (Canada) Inc and produce a Phoenix project implementation plan

** Up to Monday’s close, stock had fallen nearly 39 pct this year

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below