View Resources processing deal with Anaconda Nickel 17:02, Monday, 18 August 2003
Sydney - Monday - August 18: (RWE) - View Resources Ltd has entered a heads of agreement with Anaconda Nickel Ltd for the processing of nickel oxide ores derived from View's mining tenements. Anaconda will process the ore at its Murrin Murrin treatment plant. View will mine, transport and deliver nickel oxide ores to Anaconda and will share in the operating profits obtained by Anaconda in respect of the sale of the nickel derived from the ores. View said it remained on track to start mining in the last quarter of 2003. Shares in View Resources were up 0.1c to 4.4c while Anaconda Nickel was up 0.4c to 7.2c this afternoon.
VRE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held