HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: FerroNickel...Zinc

FerroNickel...Zinc

posted on Jan 29, 2009 03:06AM

Further initiatives taken by Xstrata:


* suspending or closing higher cost or unprofitable production, including the
Lennard Shelf zinc-lead joint venture and the Falcondo ferronickel operation;


* reducing production at existing operations to respond to weaker demand,
including the suspension of 80% of the Xstrata-Merafe Chrome Venture's annual
production capacity and suspending longwall operations at Oaky No. 1 coking coal
mine;

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