IGO to record impairment against nickel assets in strategy shift
IGO has been undertaking a strategic review in an attempt to revaluate its resources.
CBC News has learned plans to extend the life of the Voisey’s Bay nickel mine in northern Labrador by moving operations underground – already once delayed – are now on hold. Mine owner Vale says a depressed market has led to a review of all projects, including Voisey’s Bay underground.