Analysts cool on Minara's March quarter

CITIGROUP has downgraded its rating of Minara Resources in the wake of the nickel laterite miner’s poorer-than-expected March quarter.

Analysts cool on Minara's March quarter Analysts cool on Minara's March quarter Analysts cool on Minara's March quarter Analysts cool on Minara's March quarter Analysts cool on Minara's March quarter

Minara announced last week it had produced 7921 tonnes of nickel in the three months to March 31, short of its forecast of 9000t, due to two electrical failures during the quarter.

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