CAPITAL MARKETS

Cost-cutting on cards as Endeavour books impairments

ENDEAVOUR Mining Corporation has assured shareholders of a stronger second half, flagging future job cuts across its gold operations after the company reported a net loss for the second quarter and booked a non-cash impairment charge of $US225.4 million ($A246.5 million).

Lauren Barrett
Cost-cutting on cards as Endeavour books impairments

Releasing its second-quarter results today, Endeavour put on a brave front while remaining upbeat about the rest of 2013. Endeavour chief executive Neil Woodyer said the company had responded vigorously...

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