MANAGEMENT
Nominal consideration for sale of Colombia’s Cerro Matoso to the ‘king of chrome’
Workers at Cerro Matoso | Credits: South32
South32 has written down its stake in the 99.94%-owned Cerro Matoso mine and ferronickel smelter in Colombia by US$130 million (A$199 million) as it sells out of nickel for a “nominal consideration” to…
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Established in 1909 by Herbert Hoover, Mining Magazine provides comprehensive technical insight into mining operations. It aims to inform and support mine management in decision-making regarding mining techniques, technologies, workforce, logistics, and supply chains.
