IGO to record impairment against nickel assets in strategy shift
IGO has been undertaking a strategic review in an attempt to revaluate its resources.
Top global miner BHP Billiton has bought back A$6 billion ($6.3 billion) of its shares, or 4.4 percent of its Australian-listed shares, as part of its $10 billion capital management program.
It said on Monday the final price was set at A$40.85 a share, a 14 percent discount to the market price of A$47.4985, based on the average trading price over the five days up to the close of the tender on April 8.
