CAPITAL MARKETS

Down quarter for Jubilee

JUBILEE Mines suffered a rare hiccup in the life of the Cosmos nickel mine last quarter, with an operational issue and lower than expected grades leading to reduced production and higher operating costs.

Michael Quinn
Down quarter for Jubilee

The operation mined 54,180t grading 4.51% nickel in the quarter compared to 47,631t at 6.85% nickel the previous quarter. Unit costs for the March quarter were $4.51/lb of nickel, compared to $3.57/lb...

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