Posted on 19/09/08
Credit woes force junior miners to pinch pennies
Barbara Henderson, the vice-president of investor relations at Pacific Rim Mining Corp., isn't just answering shareholder questions these days, she's also answering the phones. In a desperate bid to preserve cash, the junior mining company has been forced to lay off about half of its head office employees including the receptionist. Ms. Henderson is now fielding incoming calls to Pacific Rim's Vancouver office in addition to her regular duties.
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