17
Jul
02:03
IGO records impairment for nickel exploration assets
Australian miner IGO expects to record an impairment against its exploration assets in its FY24 financial results, Kallanish notes.
It estimates a charge of between AUD 275 million ($185m) and AUD295m for the full year. The impairment relates to the revaluation of the Silver Knight and Mt Goode nickel exploration assets in Western Australia, as well as the broader exploration portfolio rationalisation.
The determination of the final impairment value i…
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Very good overview of the weekly steel market.
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