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Western Areas Q1 Nickel Output, Sales Drop

Investing News Network
Oct. 20, 2011 01:57PM PST
Base Metals Investing

Mining Weekly reported Western Areas (ASX:WSA,TSX:WSA) reported a 10% fall in production and a 30% drop in sales for the September quarter.

Mining Weekly reported Western Areas (ASX:WSA,TSX:WSA) reported a 10% fall in production and a 30% drop in sales for the September quarter.

As quoted in the market news,

…stockpiles have increased to 8 132 t.

The company, which is listed on the ASX and TSX, said its mined production declined to 7 658 t at an average grade of 4.9% nickel in the quarter. This compares with the 8 561 t produced in the previous quarter at an average grade of 5.4%.

Click here to read the full Mining Weekly reported.

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