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Minara holds nickel output guidance at 30-34,000/t

Investing News Network
Sep. 01, 2010 12:09PM PST
Base Metals Investing

Australia’s second-largest nickel miner, Minara Resources (ASX:MRE), reported that it aims to conduct and complete a plant maintenance shut down in October and kept its 2010 production guidance unchanged.

Australia’s second-largest nickel miner, Minara Resources (ASX:MRE), reported that it aims to conduct and complete a plant maintenance shut down in October and kept its 2010 production guidance unchanged.

The press release is quoted as saying:

Minara still hopes to yield in the lower range of between 30,000 and 34,000 tonnes of nickel from its Murrin Murrin joint venture in west Australia, where January-June output was reduced because of a pipeline breakdown in May. The Murrin Murrin plant is 60 percent owned by Minara and 40 percent by Glencore International AG.

Click here to access the entire press release

asx:mre australia
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