- Nickel Investing News - http://nickelinvestingnews.com -
Kagara & Minara Resources review operations
October 27, 2008 @ 11:42 am In Nickel Company News
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 [1]
For Minara Resources's website, click here [2]
Article printed from Nickel Investing News: http://nickelinvestingnews.com
URL to article: http://nickelinvestingnews.com/283-kagara-minara-resources-review-operations.html
URLs in this post:
[1] here: http://www.news.com.au/heraldsun/story/0,21985,24561605-664,00.html
[2] here: http://www.minara.com.au
Copyright © 2010 Nickel Investing News. All rights reserved.