LEADERSHIP

Metallica freezes fieldwork in budget squeeze

METALLICA Minerals has deferred the proposed definitive feasibility study for its SCONI scandium-cobalt-nickel project in Queensland as part of a wider refocusing to reduce non-essential expenditures.

Justin Niessner
Metallica freezes fieldwork in budget squeeze

The move reflects a strategy to conserve cash amid sustained difficulty in attracting project funding and strategic investor partnerships as well as general weakness of equity markets. Metallica said...

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