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Production down in 'bloody good quarter' for Nickel Mines

LOWER production and higher costs have marred Nickel Mines' March quarter though company management have suggested getting bogged down in quarterly performance rather than taking a annual view of company generating circa US$200 million in earnings is the wrong way to go.

Michael Quinn
Mining at Nickel Mines' Hengjaya mine in Indonesia

Mining at Nickel Mines' Hengjaya mine in Indonesia

Nickel Mines' 80% owned nickel pig iron facilities in Indonesia produced 10,066t (on a 100% basis), down about 13-14% on the previous quarter. In late trade Nickel Mines' shares were down 14.2%. ...

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