CAPITAL MARKETS

Market catches Sally Malay dream

NICKEL share punters are waking up to the charms of Sally Malay Mining. As of last month, shares in the junior group edged up to 34c amid stronger nickel prices. Investors jumped on board as Sally Malay cleared the final hurdles for its $54 million namesake nickel project in Western Australia’s Kimberley region.

Stephen Bell

Market catches Sally Malay dream

In mid-March the company secured a $52 million project loan from Macquarie Bank and Standard Bank London Ltd. A few days later, environmental approvals cleared the way for the start of construction in...

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