Mirabela Falls Short in Q4, on Track for 2012 Guidance

Mining Weekly reported that Mirabela Nickel’s fourth quarter production fell slightly, but they were still on track for 2012 guidance.

As quoted in the market report:

Some 91 t of contained cobalt in concentrate was also produced during the quarter.

To view the whole Mining Weekly report, click here.

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Formation Metals Inc. (TSX:FCO,OTCQX:FMETF) primary asset, located in the mining friendly state of Idaho, is the 100% owned, Idaho Cobalt Project. The ICP is a unique, high grade, primary cobalt deposit which is comprised of the mine and mill site and the proposed refining facility, the Cobalt Production Facility, a stand-alone hydrometallurgical facility that will process the ICP Mine concentrates into cobalt sulfate, copper sulfate, copper concentrate, magnesium sulfate and gold. Connect with FCO to get their latest news instantly.

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