IGO to record impairment against nickel assets in strategy shift
IGO has been undertaking a strategic review in an attempt to revaluate its resources.
Heavy rains at Argyle (above) in 2011 led to lower production and a need to add $0.5 billion to the underground project (IDEX Online News) – Rio Tinto diamond revenues increased 6.6 percent to $727 million carats in 2011. The company was hard hit by rains…