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16 Apr

Lunnon Metals to suspend Baker's development amid nickel rout

Australian miner Lunnon Metals will suspend the drilling at its Baker nickel deposit, the company’s cornerstone asset at its Kambalda Nickel Project (KNP) in Western Australia, Kallanish notes.  “In light of current nickel market conditions, the company does not intend to proceed with Baker’s development until these conditions improve,” Lunnon says in a statement.  The company recognises that there is significant option value in …
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