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    Norilsk to Open Australian Nickel Project

    Investing News Network
    Feb. 09, 2012 02:17PM PST
    Base Metals Investing

    Mining Weekly reported Norilsk Nickel (LSE:MNOD) said it will begin mining nickel in Western Australia.

    Mining Weekly reported Norilsk Nickel (LSE:MNOD) said it will begin mining nickel in Western Australia.

    As quoted in the market news:

    He said at the Investing in African Mining Indaba, in Cape Town, that the Honeymoon Well project would have a production capacity of some 40 000 t/y of nickel.

    Panov noted that Norilsk was also in the process of gradually recommissioning a number of the company’s operations in Australia, where production was suspended for an indefinite period in 2009, in view of unfavorable economic conditions.

    Click here to read the full Mining Weekly report.

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