Delays sour Jubilee production target

NICKEL miner Jubilee Mines dipped 30c on the Australian bourse yesterday after saying it may not meet its full year production target of 9000 tonnes of contained nickel as a result of delays and lower than envisaged initial mined grades at its Alec Mairs project.

Delays sour Jubilee production target Delays sour Jubilee production target Delays sour Jubilee production target Delays sour Jubilee production target Delays sour Jubilee production target

The stock climbed 66c to hit a record high of $18.16 in afternoon trade, however following the release of the announcement Jubilee’s share price closed 30c down at $16.95.

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