IGO to record impairment against nickel assets in strategy shift
IGO has been undertaking a strategic review in an attempt to revaluate its resources.
Leading Australian headquartered mining contractor, Ausdrill Ltd, has announced a successful major capital raising to raise gross proceeds of A$129.5 million, to be used as growth capital to fund purchases of plant and equipment for projects commencing in the next 12 months or projects which have been tendered for.
This mainly includes projects in Africa and Australia.