CAPITAL MARKETS

Shareholders win in Western Areas' results

HIGHER production, grades and recovery rates lifted nickel-in-concentrate sales to record levels in 2010-11 and helped Western Areas deliver a net profit after tax of $A135 million, which is set to sustain its growth aspirations in Australia, Canada and Finland.

MiningNews.Net
Shareholders win in Western Areas' results

The record result compares to a net profit after tax of $14.2 million for 2009-10. However, the company has deferred the listing of its Finland exploration assets into FinnAust Mining plc to early...

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