CAPITAL MARKETS

IGO's Nova to exceed guidance

THE Nova copper-gold mine in Western Australia's Fraser Range smashed another record in the March quarter, with Independence Group managing director Peter Bradford praising an "outstanding and exceptional" performance, despite the loss of several days production to a bushfire near the mine.

 IGO is investing heavily on exploration.

IGO is investing heavily on exploration.

The miner's revenue was up A$232 million, an increase of 23%, underlying EBITDA was up 72% to $116.6 million lifted by an 18% increase in nickel metal sold and a 59% increase in copper metal sold, and...

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