CAPITAL MARKETS

Independence still cash flow positive on nickel

DESPITE making a paper loss, nickel miner Independence Group managed to ride through the weakness of the nickel market in the last three months in cash positive territory.

Kate Haycock
Independence still cash flow positive on nickel

The company made a net loss of $1.2 million after a $5.1 million write-down of its listed investments and $1.9 million exploration write-off. The result is down from the company's September profits...

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