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Australian nickel miners must grin and bear it well into 2009

Posted on 23 October 2008

From Mineweb.com: Western Australia (WA), now a major focal point for global nickel supply with its high grade sulphide mines and more recent nickel-cobalt laterite open cuts, is reeling with the sudden recession for base metals with the outlook most sobering for the now high cost nickel laterite mining and refining projects.

The annual Paydirt Australian Nickel Conference opened in Perth today with more questions than answers for this sector with few speakers offering any panaceas for a return to a healthy nickel price until at least well into next year….. Full Article: Source


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VRS - who has written 40705 posts on Opalesque Commodities Briefing.


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