trending Market Intelligence /marketintelligence/en/news-insights/trending/MLaXm9WfLIAwXnHexQ4l8w2 content esgSubNav
In This List

RNI cuts board size, overheads in cost review

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall


RNI cuts board size, overheads in cost review

As part of a cost review, RNI NL has reduced overheads from A$678,000 for the six months that ended Dec. 31, 2016, to a forecast A$340,000 for the first half of 2017.

The company cut the number of directors from four to three, with Nanette Anderson stepping down from the board, and reduced director fees.

RNI on Feb. 3 said the review will continue for the next few weeks.