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    Philippines’ Nickel Asia Resumes Mine Operations After Attack

    Written by Investing News Network
    |
    Oct. 05, 2011 01:54PM PST

    Reuters reported Nickel Asia Corp has resumed operations at its biggest nickel mine, Taganito, after a raid by communist rebels.

    Reuters reported Nickel Asia Corp has resumed operations at its biggest nickel mine, Taganito, after a raid by communist rebels.

    As quoted in the market news,

    Nickel Asia, partly owned by Japan’s Sumitomo Metal Mining Corp , said it does not expect a big reduction in shipment tonnage this year, adding it has started buying new equipment to replace damaged machinery.

    Click here for the full Reuters report. 

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