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17 Jul
02:03

IGO records impairment for exploration assets

Australian miner IGO expects to record an impairment against its exploration assets in its FY24 financial results, Kallanish notes. The firm says in a statement that the firm expects the impairment of exploration assets to be between AUD 275 million ($185m) and AUD 295m. The impairment relates to the revaluation of the Silver Knight and Mt Goode nickel exploration assets as well as the broader exploration portfolio rationalisation.  The determination of the…
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