Falling prices of Nickel have forced two miners in Western Australia to announce review and restructuring of operations, which may include a likely delay or scrapping of new projects.

Peter Johnston, chief executive of Minara Resources, said:

While we are in a challenging period of a turbulent commodity market, and nickel has certainly been affected, we believe in the mid to longer term that prices will stabilise and then return to a more favourable outlook.

For full story, click here

For Minara Resources’s website, click here