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RR1:AU
Rights Issue and Shortfall
High Cost of Business In Australia Costing Nickel Industry
Oct. 05, 2012 07:19PM PST
Nickel InvestingMining Weekly reported the Western Australian Chamber of Minerals and Energy (CME) on Friday warned that the cost of doing business in Australia was detrimental to the nickel industry.
Mining Weekly reported the Western Australian Chamber of Minerals and Energy (CME) on Friday warned that the cost of doing business in Australia was detrimental to the nickel industry.
As quoted in the market news:
Speaking at the Paydirt Nickel conference, in Perth, CME CEO Reg Howard-Smith said nickel markets were currently under pressure, with higher cost assets finding it difficult to show profit.
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