CAPITAL MARKETS

Independence becomes a dividend payer

INDEPENDENCE Group has joined nickel producers Jubilee Mines and Mincor Resources in declaring a dividend on the back of healthy cashflows stemming from the strong nickel price and above budget production at its Long nickel mine.

Rebecca Keenan
Independence becomes a dividend payer

Independence will pay out almost $4 million in dividends, an indication of the health of its business. In the September quarter the company reported a $6.4 million consolidated pre-tax profit along with...

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