CAPITAL MARKETS

Western Areas again delivers

QUALITY nickel miner Western Areas has achieved its lowest unit costs of production for two years, with free cashflow of A$8.2 million generated in the March quarter and cash-at-bank increasing to $112 million.

Michael Quinn
Western Areas again delivers

The debt-free miner said mine and mill production of 6778 tonnes and 5672t were in line with forecasts, with the realised nickel price dropping to $6.14 per pound (from $6.57/lb). It expects the nickel...

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