CAPITAL MARKETS

Weda Bay goes it alone

NICKEL hopeful Weda Bay Minerals has reached agreement with OM Group to terminate a loan and offtake arrangement signed between the two parties five years ago.

Rebecca Keenan
Weda Bay goes it alone

OMG signed on as a funding and offtake partner in early 2000, investing $C6 million and loaning Weda Bay $US18 million to see the project through to the end of a bankable feasibility study. It had exclusive...

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