METS

Mirabela locks in cheap power for Santa Rita

MIRABELA Nickel is ploughing ahead with work on its Santa Rita nickel project after cashing in its $US50 million loan from Norilsk and securing a fixed price electricity supply to its operations in Brazil.

Kate Haycock
Mirabela locks in cheap power for Santa Rita

The Perth-based miner said today it had secured 25MWh of electrical power for Santa Rita for 2009, which will increase to 32MWh from the first quarter of 2010. This will be enough power for the operation...

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