Sumitomo resumes production at Ambatovy, withdraws nickel output outlook
Sumitomo has been struggling to stabilise production and improve profitability at the Madagascar project, which launched in 2005.
The board of directors at Stellar Diamonds (LON:STEL) recommended Monday a merger with Australia’s Newfield Resources (ASX: NWF), which also operates in Sierra Leone. The all-share takeover by the Sydney-listed company offers 0.76 Newfield shares for each Stellar one, valuing the...
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