March 18 (Reuters) - Nickel Industries (NIC) :
- NOTES INDUSTRY-WIDE DELAYS ON RENEWAL OF RENCANA KERJA DAN ANGGARAN BIAYA INDONESIAN MINING LICENCE
- HENGJAYA MINE WAS IMPACTED BY APPROVAL DELAYS WHICH MEANT IT WAS UNABLE TO SELL ORE IN JANUARY AND MOST OF FEBRUARY
- DELAY CAUSED IN PART BY ENHANCED REGULATORY APPROVALS AND SCRUTINY ALONGSIDE RECENTLY COMPLETED INDONESIAN PRESIDENTIAL ELECTIONS
- AS AT 15 MARCH HENGJAYA MINE HAD SOLD 369,260 WMT OF ORE FOR MONTH OF MARCH AND ON TRACK FOR RECORD MONTH OF ORE SALES
- SEES EDITDA FROM HENGJAYA MINE FOR MARCH QUARTER TO BE IN RANGE OF US$65M-US$75M
- ADDITIONAL HAUL TRUCKS BEING MOBILISED TO HENGJAYA MINE IN APRIL WHICH WILL ALLOW INCREASED VOLUMES TO BE SOLD ACROSS JUNE QUARTER
- TARGETING REVISED RKAB LICENCE IN H2 2024
- SEES PRODUCTION AND EBITDA IMPROVEMENT THROUGHOUT 2024 FOR HENGJAYA MINE
(([email protected];))
Add to My Watchlist
What is My Watchlist?