Mincor Resources issues its output results for Q1

Wednesday, 18 April 2012 16:42:08 (GMT+3)   |  
       

Australian nickel miner Mincor Resources announced on April 18 its production results for the first quarter of this year. Accordingly, the company's Kambalda operations near Kalgoorlie in Western Australia produced 2,683 mt of nickel-in-ore in the first quarter this year, rising 29 percent compared to the previous three-month period.

Mincor also highlighted its strong operating surplus in the period in question, increasing 108 percent over previous quarter to $14.58 million, despite low nickel prices.

Mincor has been in production in the Kambalda nickel district since 2011 and has produced more than 135,000 metric tons of nickel-in-ore.


Similar articles

Daily iron ore prices CFR China - April 30, 2024

30 Apr | Scrap & Raw Materials

Raw Material Suppliers at IREPAS: General market mood hopeful for improvement

30 Apr | Steel News

India’s JSW Steel and Japan’s JFE team up to bid for stake in Australian coal mine

30 Apr | Steel News

Somanath Tripathy at IREPAS: India’s total scrap consumption to increase to 35.6 million mt in 2024

29 Apr | Steel News

Daily iron ore prices CFR China - April 29, 2024

29 Apr | Scrap & Raw Materials

Roman Perepelytsia at IREPAS: Steel consumption in Ukraine approaches pre-war levels

29 Apr | Steel News

Silicomanganese prices in local Chinese market - week 18, 2024

29 Apr | Scrap & Raw Materials

Kazakhstan’s ban on scrap exports to remain in place

29 Apr | Steel News

India’s SMIOL to ramp up manganese and iron ore mining capacities

29 Apr | Steel News

India’s NMDC hikes prices of iron ore lumps and fines with immediate effect

29 Apr | Scrap & Raw Materials