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Maggie gets LionOre tick

LIONORE Mining International will spend pre-production capital of $A91.5 million expanding its Lake Johnston operations in Western Australia, with production to reach an annualised rate of 14,000 tonnes of payable nickel later this year.

Michael Quinn
Maggie gets LionOre tick

LionOre said that on a standalone basis the project will have an after-tax IRR of 47%, based on a weighted average nickel price of $US4.88 per pound over the years 2006-2009. Forecast cash operating...

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