CAPITAL MARKETS

Ravensthorpe facing high costs

FIRST Quantum Resources is looking at options to reduce high cash costs at its Ravensthorpe nickel mine in Western Australia.

Kristie Batten
Ravensthorpe facing high costs

C1 costs rose to $US6.43 per pound from $5.70/lb in the June quarter, while C3 costs were $7.84/lb compared to $6.95/lb previously. Despite this, First Quantum has lowered C1 guidance for the year...

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