LONDON, UNITED KINGDOM and BAIE VERTE, NL--(Marketwired - Jan 30, 2015) - Rambler Metals and Mining plc (
Due to the uncertainty in the copper price and an unforeseen decline in copper grade in January the Company has begun implementing short term cost cutting measures whilst it addresses grade and production issues at the Ming Mine. These measures are designed to provide additional financial stability for the Company as it now works towards the lower end of production guidance for Fiscal 2015.
KEY POINTS
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http://www.rns-pdf.londonstockexchange.com/rns/5594D_1-2015-1-30.pdf
Contact Information:
For further information, please contact:
Norman Williams, CA
President and CEO
Rambler Metals & Mining Plc
Tel No: 709-800-1929
Fax No: 709-800-1921
Peter Mercer
Vice President, Corporate Secretary
Rambler Metals & Mining Plc
Tel No: +44 (0) 20 8652-2700
Fax No: +44 (0) 20 8652-2719
Stewart Dickson / Jeremy Stephenson
Cantor Fitzgerald Europe
Tel No: +44 (0) 20 7894 7000
Tim Blythe/ Halimah Hussain
Blytheweigh
Tel No: +44 (0) 20 7138 3204
Website: www.ramblermines.com