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Australia's Mincor to Restart Nickel Mine
May 7,2010 16:22CST
industry news
Source:SMM

SYDNEY, May 7 -- Australian nickel miner Mincor Resources (MCR.AX: Quote) will reactivate its Miitel nickel mine in west Australia due to a recovery in metals prices, the firm said on Friday.

The mine was closed in December 2008 due to low prices and a dismal outlook for demand.

The mine will return to its previous full production rate of between 4,500 and 5,500 tonnes of nickel in concentrate annually in July, the company said.

 

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