CAPITAL MARKETS

Inco warns of Goro cost overrun

INCO is predicting strong demand for nickel next year, but warned the cost of its Goro project in New Caledonia could blow-out by as much as 15%.

Tim Treadgold
Inco warns of Goro cost overrun

The big Canadian company's chief executive, Scott Hand, told a metals conference in Toronto that nickel inventories were at historic lows. He said the availability of scrap would remain tight, while...

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