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allegiance mining starts nickel mining at tasm

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    Allegiance Mining starts nickel mining at Tasmania mine

    Tokyo (Platts)--24Oct2007
    Australia's Allegiance Mining has started mining for nickel concentrate
    at the Avebury mine in Tasmania, Australia, a company official said on
    Wednesday.
    The mining contractor had recently started mining, while milling and
    production operations are expected to start early 2008, said Paul Richardson,
    general manager of Avebury's operations, at the 2007 Paydirt Australian Nickel
    Conference held in Perth.
    The Avebury orebudy has the world's highest grade of nickel concentrate
    with 12 million mt of ore, which has a nickel content of 1.11%, equivalent to
    131,000 mt of nickel metal, Allegiance said.
    Allegiance Mining is owned 11% by China's Jinchuan Nickel, which supplies
    90% of China's nickel.


 
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