Mirabela’s Q2 dip

Company News

Mirabela Nickel’s Limited (ASX:MBN) second-quarter production and sales of nickel have dipped.
 
In the three months to June 30, Mirabela produced 4,080 tonnes of nickel in concentrate. That was a decline on the 4,276 tonnes produced in the previous corresponding period
 
The results pushed its total production for the first half to 8,231 tonnes - down from 8,521 for the same period a year ago.
 
Mirabela says its nickel production was restricted by ore quality limitations.
 
Sales of nickel in concentrate for the quarter came in at 4,168 tonnes, a significant drop on the 4,787 sold in the same time frame last year.
 
Mirabela booked a net loss of $436.1 million in its 2012 fiscal year.

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