Articles Tagged "african"

Norilsk to retain African assets if nickel price supports

African assets of Norilsk Nickel would be profitable if world nickel price remain at USD 10,000 per tonne or more. Mr Oleg Pivovarchuk deputy director of Norilsk Nickel said: Now African assets of the company work with null profitability. Production cost is still at the level of USD 10000 per tonne of nickel. If the price goes lower [...]

African Eagle announces Mkushi project update

African Eagle Resources plc said that its JV partner CGA Mining has issued an update on the feasibility study for the Mkushi project, with new drill data. Mark Parker, MD of African Eagle, said: The Mkushi feasibility study remains on schedule for completion at the end of October. Good progress continues to be made – the granting [...]