Western Areas ups nickel production guidance

Nickel miner Western Areas on Friday announced an increase in its production expectations for 2012 as the Spotted Quoll underground mine performed above expectations. The ASX- and TSX-listed miner said that the project would now produce some 30...

Western Areas quarterly output falls

Nickel miner Western Areas has reported record sales during the three months ended March, despite a production decline compared with the previous quarter. Nickel production during the March quarter fell to 7 602 t, from 8 572 t produced in the...

Western Areas finalises Lounge Lizard acquisition

Nickel miner Western Areas has formalised the A$68-million acquisition of fellow listed Kagara's nickel assets, including the Lounge Lizard deposit. The formal completion of the acquisition finalised the agreement announced earlier this month.

Western Areas takes control of Lounge Lizard

Nickel miner Western Areas has reached an agreement with fellow listed Kagara to purchase its nickel interests, including the Lounge Lizard project, for A$68-million in cash. Western Areas MD Dan Lougher said this week that the purchase of the...

Western Areas starts production at new underground mine

Nickel miner Western Areas has produced the first parcel of high grade nickel ore from the Spotted Quoll stage one underground mine, two months ahead of schedule. The miner said in a statement on Friday that the ore face confirmed the ground...

Western Areas MD steps down

Nickel miner Western Areas on Monday reported that its MD Julian Hanna would step down at the end of January next year, after 12 years at the helm of the company. Hanna has agreed to remain on the board of Western Areas as a nonexecutive direct...

Kagara to sell off nickel assets by Q1 2012

Base metals developer Kagara said on Tuesday that it would likely sell off its Lounge Lizard nickel assets by the first quarter of 2012. The miner said in a statement that it had started discussions with potential purchasers of the nickel assets...

Company Announcement: Sale of nickel assets- Project Agreement Clarification

Kagara Limited refers to its recent announcements regarding the proposed sale of its nickel assets, and the related announcement made by Western Areas NL on 13-October-2011

Western Areas Q1 nickel output, sales drop

Australia-based nickel miner Western Areas on Thursday reported a 10% fall in production and a 30% drop in sales for the September quarter, but said stockpiles have increased to 8 132 t. The company, which is listed on the ASX and TSX, said its...

Western Areas won’t bid for Lounge Lizard

Nickel miner Western Areas on Thursday rejected speculation that it planned to buy the Lounge Lizard deposit, which Kagara Mining put up for sale after a strategic review of its nickel assets. Western Areas was responding to claims that it...

Western Areas seeks partner for A$100m Diggers South project

Nickel miner Western Areas on Thursday said that it was looking for a joint venture (JV) partner for its Diggers South operations, which would be the company’s third producing operation. Speaking at the Paydirt Nickel conference, Western Areas...

Western Areas exceeds full-year production target

Nickel miner Western Areas has exceeded its full-year production target by 10%, with output coming in at 32 222 t of nickel. This exceeded the previously announced guidance of 29 000 t for the 2010/11 financial year.