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Mirabela Nickel Ltd., Q1 2010 Report
May 17, 2010 @ 7:09 pm In Nickel Company News
Mirabela Nickel Ltd. [1], an ASX and TSX listed Brazil-focused mining company has posted a A$25,17 million loss for the quarter ended March 2010.
The press release is quoted saying:
"As at March 31, 2010, the Group had a net hedge liability position of A$138.827 million (December 31, 2009: A$20.444 million negative) reflecting the positive mark-to-market value of foreign exchange forward contracts and the negative mark-to-market value of commodity (nickel and copper) contracts."
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URL to article: http://nickelinvestingnews.com/1274-mirabela-nickel-ltd-q1-2010-report.html
URLs in this post:
[1] Mirabela Nickel Ltd.: http://www.mirabela.com.au/corporate.asp
[2] Click here to access the entire Press Release: http://www.mirabela.com.au/_content/documents/941.pdf
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