TOP NEWS Oil strikes new record at $US119.93 a barrel 9:50 AM Local stocks open stronger 10:21 AM Qantas to meet 2007/08 profit target:Dixon 9:42 AM Orica H1 profit lifts 13% 8:40 AM IAG lowers full year margin guidance 9:30 AM
THE SPECTATORS SCOREBOARD: US rates steady Kohler: A brand Newsday The deleveraging cycle Gottliebsen: Sizing up Centro Is HBOS next?
View Resources administrator Andrew Saker expects to receive proposals for the miner from a number of parties by late April 2008. Saker, from Ferrier Hodgson, indicates these proposals could either involve a restructure of the Western Australian miner or the sale of some of its assets, including its Bronzewing gold mine and 30% stake in the Carnilya Hill nickel mine. IMC Resource Investments provided nickel division View Nickel with a $A19m capital injection in March 2008 for working capital and debt reduction. The Bronzewing gold mine is under care and maintenance