EXPLORATION & DEVELOPMENT

Independence ticking over on budget

DESPITE just missing out on its June quarter budget, nickel producer Independence Group has exceeded its fiscal 2005-06 production target of 8663 tonnes and expects to stay around this mark in fiscal 2006-07.

Michael Vaughan
Independence ticking over on budget

The company produced 2320t of nickel at its Long nickel mine in Western Australia in the June quarter, bringing output in 2005-06 in at 8897t of nickel. Based on a nickel price of $A32,000 per tonne,...

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