Chris Ellison’s Mineral Resources slows down the drill bit to save some extra cash amid cost crunch

by Pelican Press
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Chris Ellison’s Mineral Resources slows down the drill bit to save some extra cash amid cost crunch

Chris Ellison’s Mineral Resources is tightening its belt on exploration spending, marking the latest leg of a cost-cutting crusade to stave off an asset fire sale.

MinRes workers tasked with either finding new mining deposits across WA or breathing life into the soon-to-be mothballed Yilgarn iron ore hub have bore the brunt of a trimmed exploration budget announced internally this month.

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