Kagara to Sell ‘Noncore’ Western Australia Nickel Assets

Mining Weekly reported Kagara (ASX:KZL) appointed an adviser to help sell its “noncore” nickel assets in Western Australia.

The market news is quoted as saying,

Kagara appointed Goldman Sachs & Partners to investigate the process for monetising the Forrestania nickel assets.

Forrestania includes the producing Lounge Lizard mine, as well as the Flying Fox and McMahons deposits. The project also includes the small Lake Ned gold deposit, on the Crossroads South tenement.

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