Australian Nickel Miner Western Areas Books Record Profits

by on

Australian miner Western Areas on Monday reported a record net profit after tax of Australian $135-million ($127 million US) for the Australian financial year ended June.

This was an 850% improvement over the previous financial year.

The nickel miner said that the strong financial results, which compared with a net profit after tax of A$14.2-million for the previous financial year, had been driven by several factors, including production targets being exceeded from the Spotted Quoll and Flying Fox mines, which produced some 32,222 tons of nickel.

{Comments Off on Australian Nickel Miner Western Areas Books Record Profits Comments Off on Australian Nickel Miner Western Areas Books Record Profits}