Fox dusts off nickel assets on back of high prices

摘要

"Electromagnetic conductor results on Zodiac have yielded five strong conductors and we plan to start drilling these shortly, and all five conductors are in a highly supercharged zone," he said. Harper said that having upgraded the Radio Hill processing plant to a throughput rate of up to 500,000 tpa for the current copper operations, the mill should generate the strong cashflows enabling Fox to consider doubling its capacity. "We would expect to make a decision regarding any resumption of nickel mining and processing at Radio Hill during the current December quarter," he said.