Western Areas Nl Ord

(WNARF)

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Profile

Western Areas Ltd is a nickel miner in the Forrestania belt, 400 kilometers east of Perth. Its two mines, Flying Fox and Spotted Quoll, produce 20,000-30,000 tonnes of nickel per year. High-grade reserves are sufficient for about six years of life. Cash costs of less than AUD 2.50 per pound of nickel in the concentrate are in the bottom half of the cost curve. Substantial lower-grade resources need a favorable nickel price, lower costs or exploration success to go ahead. Regardless, we think their development would significantly dilute returns.

Contact Information

Website: www.westernareas.com.au
Email: info@westernareas.com.au
Main Phone: +61 893347777
Address: 2 Kings Park Road
Address 2: Level 2, West Perth
State: WA
City / Town: Perth
Country: AUS
Postal Code: 6005

Issuer Information

Exchange: OTO
Employees: 49