Philippine Marcventures Signs Deal With Nickel Export Firm

Dec. 05, 2011 03:16PM PST

Reuters reported Marcventures Holdings Inc (PSE:MARC) said it would sell a total of 3 million wet metric tonnes of nickel laterite ore.

As quoted in the market news:

The company told the stock exchange its wholly owned Marcventures Mining and Development unit signed the deal with Dunfeng International (Phils) Inc, which also buys nickel ore from other local miners for export to the world’s second-largest economy.

Click here to read the full Reuters report.